1205 E D, Ontario, California 91764, Ontario, 91764 - 3 bed, 1 bath
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Ontario, California 91764
This Shovel-Ready Development Asset is listed at $575,000, reflecting the premium value of city-approved plans compared to the $513,806 Fair Market Value. Currently holding a Condition Rating of 5, the property is a dedicated value-add project featuring plans for a main residence expansion and a new 998 sq. ft. Detached ADU. Situated on a 7,500 Square Foot Lot within the Ontario-Montclair District, this offering eliminates typical development lead times to accelerate ROI. This is a strategic acquisition for Fix-and-Flip Investors or Developers seeking forced appreciation through high-density lot utilization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1205 E D Subject | $525,000* List Price | 3 | 1 | 816 | $600 | - |
A 730 N Holmes Sold | $585,000 | 3 | 1 | 936 | $625 | 0.4 mi |
B 1126 E E Street Sold | $595,000 | 3 | 2 | 1,137 | $523 | 0.2 mi |
C 1024 E G Street Sold | $560,000 | 2 | 1 | 806 | $695 | 0.4 mi |
D 814 N Cucamonga Avenue Sold | $575,000 | 3 | 1 | 1,008 | $570 | 0.4 mi |
E 535 N Allyn Active | $585,888 List Price | 3 | 2 | 1,017 | $576 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1941, this property is explicitly marketed as a development opportunity requiring a full remodel and addition. The existing 816 sq. ft. structure is outdated with limited utility, and the listing's primary value is based on the approved plans for significant rehabilitation and the construction of a new ADU.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 816.
The property includes city-approved plans for a remodel and ADU, significantly reducing the typical 6-12 month development timeline and architectural costs for the buyer.
The proposed 998 sq. ft. ADU features 3 bedrooms, 2 bathrooms, and separate utility meters, making it an ideal setup for high-yield rental income or multi-generational living.
As a development opportunity, the property requires significant additional investment beyond the purchase price to execute the approved construction and remodeling plans.
The existing 1941 structure is currently only 816 sq. ft. with a single bathroom, offering limited functionality and modern comfort until the proposed renovations are completed.
Development opportunity in Ontario with approved plans for a remodel, addition, and new Accessory Dwelling Unit (ADU). The project proposes expansion of the existing single-family residence to approximately 1,463 sq. ft., including a 635 sq. ft. addition and new covered entry. Plans also include conversion of the existing 400 sq. ft. detached two-car garage into a 998 sq. ft. detached ADU featuring 3 bedrooms and 2 bathrooms, along with a small addition and covered entry. The ADU is designed with separate water, electrical, and gas meters, providing flexibility for future occupancy or rental potential. This offering allows a buyer to acquire a property with plans already reviewed through the City process, significantly reducing development timelines.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 29% |
| Square foot | 816 | 1,293 | 5% |
| Lot Size | 7,500 | 7,200 | 71% |
| Price | $525.0K | $657.0K | 15% |
| Price per sq ft | $643 | $497 | 92% |
| Built year | 1941 | 1954 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 99 | 121 | 34% |
May 16, 2026
$525,000
$575,000
-9% Price Drop
Initial Listing
Mar 9, 2026
$575,000
Initial Listing
Jul 27, 2023
$435,000
Public Record