
Ontario, California 91762
This property presents a High-Potential Investment Opportunity with a List Price of $691,000—positioned well below the $701,709 Fair Market Value by 1.5%. This valuation gap offers $10,709 in Instant Equity. Featuring a Fair Condition Rating (5/10), the home requires significant interior modernization, yet the 11,400-square-foot lot offers exceptional ADU potential and outdoor living with a private pool. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value in a historic, high-demand neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1353 N Palm Avenue Subject | $691,000* List Price | 3 | 2 | 1,511 | $464 | - |
A 603 W Harvard Place Sold | $600,000 | 3 | 2 | 1,464 | $410 | 0.4 mi |
B 941 W Yale Street Sold | $682,000 | 3 | 2 | 1,315 | $519 | 0.7 mi |
C 622 W Harvard Sold | $790,000 | 3 | 2 | 1,581 | $500 | 0.4 mi |
D 626 W Bonnie Brae Court Sold | $602,000 | 3 | 2 | 1,699 | $354 | 0.3 mi |
E 814 W Bonnie Brae Court Sold | $730,000 | 4 | 2 | 1,847 | $395 | 0.5 mi |
F 660 W I Sold | $640,000 | 3 | 1 | 1,268 | $505 | 0.7 mi |
G 822 W 5th Street Sold | $635,000 | 3 | 2 | 1,728 | $367 | 0.6 mi |
H 427 W 6th Active Under Contract | $710,000 List Price | 3 | 2 | 1,760 | $403 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1963 and offered for the first time in over 60 years, the property appears to be in mostly original condition. The kitchen is significantly dated with 1970s/80s-era wallpaper on the walls and ceiling, original cabinetry, and old tile countertops. Given the age and lack of visible updates, the home requires a full rehab of the kitchen, bathrooms, and likely major systems like HVAC and electrical to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11400, living area = 1511.
Situated near the prestigious Armsley Square, the property benefits from a highly sought-after neighborhood known for its custom homes, historic charm, and cinematic history.
The expansive 11,400-square-foot lot provides significant privacy, a variety of mature fruit trees, and ample space for a future Accessory Dwelling Unit (ADU).
Having been held by the same family for over 63 years, the home likely requires comprehensive cosmetic and functional updates to align with contemporary design trends.
With only 1,511 square feet of living space on a large lot, the home's interior footprint may feel small for families seeking more substantial indoor living areas.
**Location, Location, Location!** Nestled just steps from the coveted Armsley Square, one of Ontario's most beautiful and sought-after streets, this exceptional property offers a rare opportunity to own a home in a truly special neighborhood. Rich in history, Armsley Square is renowned for its distinctive custom homes, majestic umbrella Camphor trees, and has served as the backdrop for numerous movies and television productions. Offered for the first time in over 63 years, this cherished family home sits on an expansive 11,400-square-foot block wall-enclosed lot, providing exceptional privacy and endless possibilities. The backyard is an entertainer's dream, featuring a sparkling oversized pool, perfect for enjoying warm summer days with family and friends. The generous lot also offers ample space for a future ADU (buyer to verify) and is a gardener's paradise, boasting an impressive variety of mature fruit trees, including tangerine, peach, blood orange, apple, avocado, grapefruit, pear, lemon, lime, pomegranate, fig, and more. Inside, the home offers 1,511 square feet of comfortable living space with a spacious living room featuring a classic brick fireplace, a large dining room, a private primary suite, and a flowing floor plan. The attached two-car garage is connected by a covered breezeway that opens directly to the pool area, creating the perfect setting for indoor-outdoor entertaining. Conveniently located within walking distance of Chaffey High School and offering beautiful views of the San Gabriel Mountains, this is a rare property that combines an unbeatable location, generous lot size, timeless charm, and incredible future potential. Opportunities like this seldom come to market—don't miss your chance to make it yours.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,511 | 1,955 |
| Lot Size | 11,400 | 7,200 |
| Price | $691.0K | $737.7K |
| Price per sq ft | $457 | $434 |
| Built year | 1963 | 1984 |
| HOA | $0 | $168 |
| Days on market | 27 | 58 |
Jun 25, 2026
$691,000
Initial Listing