
Ontario, California 91762
This Value-Add Single-Family Residence is a Prime Investment Opportunity listed at $704,980—positioned well below the $721,963 Fair Market Value by 2%. This valuation gap offers $16,983 in Instant Equity for buyers. Boasting a Condition Rating of 4, the home features critical infrastructure upgrades including a newer HVAC system, double-pane windows, and remodeled bathrooms. The property offers High Available Lot Utilization with RV parking and scenic views of the adjacent De Anza Park. This is a strategic acquisition for Owner-Occupants or first-time buyers looking to build wealth through cosmetic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1330 S Fern Subject | $695,888* List Price | 3 | 2 | 1,554 | $454 | - |
A 1620 S Cypress Avenue Sold | $695,000 | 3 | 2 | 1,554 | $447 | 0.6 mi |
B 604 W Nevada Sold | $615,000 | 3 | 2 | 1,062 | $579 | 0.6 mi |
C 423 Montezuma Street Sold | $727,000 | 3 | 2 | 1,554 | $468 | 0.1 mi |
D 521 W Maple Sold | $740,000 | 5 | 3 | 1,743 | $425 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983, the property is accurately described as a 'diamond in the rough.' While the HVAC system is excellent (<5 years old) and windows are upgraded, the kitchen is dated with older tile countertops and cabinetry. The bathrooms have been remodeled but show signs of wear or DIY finishing. Overall, the home is functional but requires cosmetic updates and minor repairs consistent with a property that hasn't had a full renovation in over 20 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7260, living area = 1554.
Situated directly across from the newly renovated De Anza Park, the property offers scenic park and mountain views, providing a desirable and active neighborhood setting.
The home features recently remodeled bathrooms, energy-efficient double-pane windows, and a newer HVAC system (less than 5 years old), reducing immediate maintenance concerns.
There is no direct interior access from the home to the oversized two-car garage, requiring residents to step outside to reach the laundry area and parking.
Marketed as a 'diamond in the rough,' the home likely requires aesthetic updates or minor repairs to modernize the interior and fully realize its market value.
PRICE REDUCED, PRICE REDUCED!!! This house is a diamond in the rough, located just across the street from De Anza park, which is undergoing a major makeover. The open concept kitchen overlooks the high-ceilinged family room, creating a comfortable and relaxing atmosphere. There are 4 good-sized bedrooms. The 2 remodeled bathrooms look great. All windows are double-pane glass, and the A/C unit is less than 5 years old. The huge covered patio in the backyard is ideal for family gatherings and helps keep the house cool during hot weather. Washer and dryer hookups are in the oversized 2-car garage. While there is no direct access from the house to the garage, there is an access door under the front porch, which shields from rainy weather. RV parking is also a feature of this house.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,554 | 1,568 | 49% |
| Lot Size | 7,260 | 7,332 | 47% |
| Price | $695.9K | $717.5K | 45% |
| Price per sq ft | $448 | $460 | 47% |
| Built year | 1983 | 1962 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 156 | 7% |
May 18, 2026
$695,888
$704,980
-1% Price Drop
Initial Listing
Apr 10, 2026
$704,980
Initial Listing
Feb 17, 2016
$385,000
Public Record
Jan 25, 2012
$250,000
Public Record