1014 E Nocta Street, Ontario, California 91764, Ontario, 91764 - bed, bath
ACTIVE$1,199,000
1014 E Nocta Street, Ontario, California 91764
0Bed
0Bath
1Sqft
29,432Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Mixed-Use & Income Potential: Explicitly stated as a 'Mixed use property' and 'Residential Income (Triplex),' offering diverse revenue streams from residential rentals and business operations, appealing to investors and business owners.
Top Cons:
Advanced Age of Property: Built in 1925, the property is nearly a century old, suggesting potential for outdated infrastructure, systems, and the need for significant capital expenditures for maintenance or upgrades in non-remodeled sections.
Compared to the nearby listings
Price:$1.20M vs avg $825.0K (+$374,000)78%
Size:1 sqft vs avg 1,994 sqft11%
Price/sqft:$1.20M vs avg $40689%
More Insights
Built in 1925 (100 years old).
Condition: While one unit has been recently and extensively remodeled with modern kitchen (stainless steel appliances, shaker cabinets, quartz countertops, subway tile backsplash) and bathroom (modern vanity, tiled shower), the property's overall condition is significantly impacted by its 1925 build year and the visibly outdated state of the other units and office space. Images reveal old linoleum/vinyl flooring, basic and aged fixtures, and worn finishes in the non-remodeled sections. The property requires substantial repairs and rehabilitation for the majority of its units, and the age of the building suggests major components (e.g., plumbing, electrical, HVAC for the entire structure) are likely at or beyond their expected lifespan, necessitating extensive system replacements.
Year Built
1925
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$1,199,000
HOA
-
Days on market
-
Sold On
-
MLS number
CV25009770
Home ConditionPoor
Features
Patio
View-
About this home
Investor and Business owners great opportunity in the city of Ontario,Mixed use properties Features 1 Remodeled unit with 3 bedrooms and 2 bathrooms with 1 car garage , 2nd Unit feautures 2 Bedrooms and 1 Bathroom , 3rd Unit feature office for business with a large storage plenty of land for all on owners needs to store tools, and much more.
Condition Rating
Poor
While one unit has been recently and extensively remodeled with modern kitchen (stainless steel appliances, shaker cabinets, quartz countertops, subway tile backsplash) and bathroom (modern vanity, tiled shower), the property's overall condition is significantly impacted by its 1925 build year and the visibly outdated state of the other units and office space. Images reveal old linoleum/vinyl flooring, basic and aged fixtures, and worn finishes in the non-remodeled sections. The property requires substantial repairs and rehabilitation for the majority of its units, and the age of the building suggests major components (e.g., plumbing, electrical, HVAC for the entire structure) are likely at or beyond their expected lifespan, necessitating extensive system replacements.
Pros & Cons
Pros
Mixed-Use & Income Potential: Explicitly stated as a 'Mixed use property' and 'Residential Income (Triplex),' offering diverse revenue streams from residential rentals and business operations, appealing to investors and business owners.
Large Lot Size: A substantial 29,432 sqft lot provides ample space for storage, business operations, or potential future development, a significant asset for investors and business owners.
Remodeled Unit: One of the residential units has been 'Remodeled' with 3 bedrooms and 2 bathrooms, offering immediate move-in readiness and appeal for tenants.
Versatile Business Space: Includes an 'office for business with a large storage' area, catering directly to business owners' needs for operations and equipment storage.
Strategic Ontario Location: Situated in the city of Ontario, a growing area known for its economic activity and logistical importance, enhancing its investment appeal.
Cons
Advanced Age of Property: Built in 1925, the property is nearly a century old, suggesting potential for outdated infrastructure, systems, and the need for significant capital expenditures for maintenance or upgrades in non-remodeled sections.
Inaccurate/Missing Square Footage Data: The listed 'sqft' of 1 is clearly erroneous, creating ambiguity and requiring immediate clarification for serious buyers to properly evaluate the property's value and size.
Partial Modernization: While one unit is remodeled, the description implies the other residential unit and the business office/storage may not be, potentially requiring further investment to bring them to modern standards or maximize rental/utility value.