1094 E D St., Ontario, California 91764, Ontario, 91764 - 0 bed, 0 bath
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Ontario, California 91764
This Multi-Unit Residential Income Asset is listed at $1,500,000, representing a stable investment entry point relative to its $1,435,835 Fair Market Value. Boasting a Fair Condition Rating, the property comprises three 2-bedroom units on an expansive 11,088 sq ft lot featuring distant mountain views. Despite a living area discrepancy in public records, the Key Infrastructure Upgrades and significant Value-Add Potential for ADUs position the asset for long-term ROI. This triplex is a strategic acquisition for Buy-and-Hold Investors or Portfolio Managers seeking Inland Empire growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1094 E D St. Subject | $1,500,000* List Price | 0 | 0 | 2,864 | $501 | - |
A 428 E E Street Sold | $1,389,800 | 0 | 0 | 2,683 | $518 | 0.8 mi |
B 522 N Parkside Drive Active | $1,420,000 List Price | 0 | 0 | 3,649 | $389 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property features structures built in 1912 and 1964, making them well over 50 years old. While the description notes 'newer' essential systems like plumbing, roof, and HVAC in the front building, the exterior remains dated and the lack of interior photos suggests kitchens and baths likely require modernization to meet current market standards.
The expansive 11,088 sq ft lot offers significant upside for future development or the potential addition of ADUs, providing a path for substantial value enhancement.
The front building features essential modernizations including newer plumbing, a newer roof, and energy-efficient windows, which helps minimize immediate capital expenditures for a new owner.
The triplex consists of three 2-bedroom, 1-bathroom units each with private yard space, a highly marketable layout that attracts stable, long-term tenants.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2864, other record living area = 992.
One of the buildings dates back to 1912, which may present ongoing maintenance challenges or hidden costs associated with century-old construction despite recent upgrades.
The $1.5 million list price represents a significant premium for the Ontario area, potentially resulting in a lower initial capitalization rate compared to other inland empire investment opportunities.
Exceptional investment opportunity featuring three units on one expansive 11,088 sq ft lot (132 ft x 84 ft). The property includes two separate buildings with three total units, each offering 2 bedrooms and 1 bathroom, plus private yard space for each unit. The front building has been upgraded with newer plumbing, newer roof, newer water heater, central heating system, and energy-efficient windows. All three units share one APN. Per assessor records, one building is approximately 992 sq ft (built 1912) and the second building totals approximately 1,872 sq ft (built 1964). Large lot size provides strong upside potential for future development or value enhancement (buyer to verify with city regarding possibilities). Great opportunity for investors seeking steady rental income with future growth potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,864 | 2,316 | 50% |
| Lot Size | 11,088 | 8,252 | 75% |
| Price | $1.50M | $792.5K | 88% |
| Price per sq ft | $524 | $408 | 75% |
| Built year | 1964 | 1960 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 111 | 118 | 25% |
Feb 25, 2026
$1,500,000
Initial Listing
Jan 18, 2011
$280,000
Public Record
Nov 29, 2001
$198,000
Public Record
Aug 11, 2000
$185,000
Public Record