1343 S Sultana Avenue, Ontario, California 91761, Ontario, 91761 - 0 bed, 0 bath
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Ontario, California 91761
This Residential Income Duplex is a High-Potential Investment Opportunity with a List Price of $750,000, reflecting a stable entry point at its $750,000 Fair Market Value. Currently 100% tenant-occupied, the asset generates immediate rental income while offering a Condition Rating of 4, signaling significant value-add potential through interior renovations. The 6,920 sq. ft. corner lot and Zoning for potential ADU development provide a clear path for forced appreciation in a high-demand rental market. This centrally located Ontario property is a strategic acquisition for Buy-and-Hold Investors or 1031 Exchange Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1343 S Sultana Avenue Subject | $750,000* List Price | 0 | 0 | 1,560 | $481 | - |
A 1218 S Sultana Avenue A Sold | $710,000 | 0 | 0 | 1,371 | $518 | 0.1 mi |
B 720 S Sultana Active Under Contract | $725,000 List Price | 5 | 2 | 1,614 | $449 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1953, this duplex is functional and tenant-occupied but is explicitly marketed as a value-add renovation project. The interiors feature outdated kitchens with older cabinetry and appliances, aged flooring, and basic light fixtures. While maintained enough for occupancy, the property shows significant cosmetic wear and lacks modern upgrades, fitting the criteria for a home that is functional but aged and in need of minor to moderate updates.
The property is 100% tenant-occupied, providing immediate cash flow and making it an ideal turnkey opportunity for 1031 exchange investors seeking stability.
Situated on a spacious 6,920 sq. ft. corner lot, the property offers significant upside through potential ADU development or building additions to maximize density.
Located in a high-demand Ontario neighborhood with proximity to schools, shopping, and major freeway access, ensuring long-term desirability and low vacancy rates.
Built in 1953 and marketed as a value-add opportunity, the property likely requires significant capital investment for modern upgrades to achieve market-leading rents.
With only two covered carport spaces for two units, the parking facilities may be insufficient for modern multi-vehicle households or future ADU residents.
Excellent Investment Opportunity! 1343 S Sultana Ave, Ontario offers a duplex with two 2-bedroom, 1-bath units totaling 1,560 sq. ft. of living space on a 6,920 sq. ft. corner lot. The property includes a fully fenced yard and two covered carport spaces. This duplex provides the perfect opportunity for value-add improvements and future upside. The spacious lot also allows room for an addition or potential ADU development (buyer to verify). Currently 100% tenant-occupied, the property generates immediate rental income and is situated in a centrally located, high-demand Ontario neighborhood near schools, shopping, dining, and freeway access. Ideal for investors seeking a 1031 exchange, long-term rental growth, or renovation project.
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 | 1,560 | 1,560 | 50% |
| Lot Size | 6,920 | 5,512 | 67% |
| Price | $750.0K | $750.0K | 50% |
| Price per sq ft | $481 | $484 | 33% |
| Built year | 1953 | 1953 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 240 | 240 | 67% |
Aug 25, 2025
$750,000
Initial Listing