1346 E El Morado Court, Ontario, California 91764, Ontario, 91764 - 4 bed, 2 bath
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Ontario, California 91764
This Turnkey Hybrid Property is a High-Potential Investment Opportunity, listed at $708,500—positioned slightly above the $704,577 Fair Market Value. While priced at market, the property offers significant upside through its Ready-to-Permit ADU Plans for a 749 sq. ft. unit, providing a rare path to rental income. Featuring a Mint Condition Rating with high-end modern finishes and Scenic Mountain Views, this home balances immediate lifestyle quality with long-term wealth generation. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1346 E El Morado Court Subject | $708,500* List Price | 4 | 2 | 1,200 | $585 | - |
A 750 N Del Norte Avenue Sold | $660,000 | 3 | 2 | 1,137 | $580 | 0.1 mi |
B 1437 E I Street Sold | $660,000 | 4 | 2 | 1,200 | $550 | 0.3 mi |
C 617 N Del Norte Sold | $660,000 | 3 | 2 | 1,248 | $529 | 0.2 mi |
D 821 N Alameda Sold | $600,000 | 3 | 2 | 1,154 | $520 | 0.3 mi |
E 507 N Imperial Avenue Sold | $690,000 | 3 | 2 | 1,342 | $514 | 0.2 mi |
F 1377 E Flora Street Sold | $688,000 | 3 | 2 | 1,291 | $533 | 0.1 mi |
G 527 N Cucamonga Avenue Sold | $730,000 | 3 | 2 | 1,293 | $565 | 0.5 mi |
H 1833 E Yale Sold | $715,000 | 3 | 2 | 1,354 | $528 | 0.9 mi |
I 1386 E F Active | $725,000 List Price | 3 | 2 | 1,291 | $562 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1955, the property is listed as fully remodeled. Visual evidence shows a high-end, modern bathroom renovation with glass enclosures and contemporary fixtures, indicating a recent renovation within the last 5 years. The home is in mint, move-in ready condition.
The property includes ready-to-permit plans for a 749 sq. ft. ADU conversion, providing a rare opportunity for immediate value-add, rental income, or multi-generational living.
As a fully remodeled residence, the home offers modern aesthetics and updated finishes, allowing for a move-in-ready experience without the need for immediate renovation.
The property boasts desirable views of the mountains and city lights, a premium feature for the area that enhances the home's ambiance and long-term resale value.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1200, other record living area = 1012. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With 4 bedrooms packed into only 1,200 square feet, the individual room sizes and common living areas may feel significantly cramped for larger families.
Built in 1955, the property may have underlying structural or utility systems that, despite cosmetic remodeling, reflect the wear and standards of a 70-year-old home.
What if your next home came with the blueprint for a second home? This fully remodeled property includes plans ready for permit issuance to convert and expand the detached garage into a 749 sq. ft. ADU featuring 2 bedrooms and 1 bath. Live in one. Rent the other. Create space for family. Create future income potential. Most homes offer a place to live. This one offers a plan for what's next. Come see the possibilities for yourself.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,200 | 1,955 |
| Lot Size | 6,324 | 7,200 |
| Price | $708.5K | $737.7K |
| Price per sq ft | $590 | $434 |
| Built year | 1955 | 1984 |
| HOA | $0 | $168 |
| Days on market | 34 | 58 |
Jun 18, 2026
$708,500
Initial Listing
Mar 30, 2011
$150,000
Public Record
Aug 31, 2005
$371,000
Public Record
May 28, 1999
$121,000
Public Record