1343 S Sultana Avenue, Ontario, California 91761, Ontario, 91761 - bed, bath
1343 S Sultana Avenue
Ontario, California 91761
Property Price
SUMMARY
Analysis of 1343 S Sultana Avenue, Ontario, California 91761 is currently available with a list price of $750,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Ontario Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
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 The interiors feature outdated kitchens with older cabinetry and appliances, aged flooring, and basic light fixtures.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.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Rental Income
The property is 100% tenant-occupied, providing immediate cash flow and making it an ideal turnkey opportunity for 1031 exchange investors seeking stability.
- Development Potential
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.
- Strategic Location
Located in a high-demand Ontario neighborhood with proximity to schools, shopping, and major freeway access, ensuring long-term desirability and low vacancy rates.
CONSRISKS & DEFICIENCIES
- Renovation Requirements
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.
- Limited Parking Infrastructure
With only two covered carport spaces for two units, the parking facilities may be insufficient for modern multi-vehicle households or future ADU residents.
About 1343 S Sultana Avenue
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.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1953
- Lot Size
- 6,920 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,560 | 1,465.5 | 50% |
| Lot Size | 6,920 | 6,216 | 50% |
| Price | $750.0K | $730.0K | 50% |
| Price per sq ft | $481 | $499 | 50% |
| Built year | 1953 | 1949 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 194 | 236 | 50% |
Pricing History
Listed for Sale
Aug 25, 2025
$750,000
Initial Listing