
Ontario, California 91762
Analysis of 1387 W Francis, Ontario, California 91762 is currently available with a list price of $2,500,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Property is new construction or fully renovated.
While the main structure was built in 1990, the property has undergone an extensive renovation within the last year, including a new roof, plumbing, electrical, and water heater. Additionally, it features a brand-new 2024 rear building. Interior images confirm modern, high-end finishes in the kitchens and bathrooms with marble-look tile and stainless steel appliances, meeting the criteria for mint condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 53143, living area = 6062.
The property features five newly constructed (2024) ADU units alongside a primary residence, offering a rare 16-bedroom configuration ideal for high-yield rental income or multigenerational living.
With 1.22 acres of land and approximately one-third remaining undeveloped, there is substantial room for further expansion, agricultural use, or the addition of luxury amenities like a pool and outdoor entertainment complex.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 6062, other record living area = 1782. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 16, other record bedroom count = 3.
The high density of units and bedrooms on a single residential lot requires more intensive property management and maintenance oversight compared to standard single-family investments.
At a $2.5 million price point, the property sits at the top of the local market, which may narrow the pool of qualified buyers and present challenges for traditional appraisal valuations.
Rare opportunity to own a versatile 1.22-acre property in the City of Ontario featuring a charming single-family home built in 1990 and a newly constructed rear building completed in 2024 with five recently vacated ADU units, offering outstanding income potential or flexible multigenerational living. The property has been extensively updated with new plumbing, electrical, water heater, and roof (approximately one year old), with no solar lease to assume. Enjoy ample on-site parking, three front mailboxes, and public sewer service with three separate sewer lines already in place. Approximately one-third of the property remains undeveloped, providing endless possibilities to create your dream backyard with a pool, lush gardens, outdoor entertaining area, or space for horses, chickens, goats, other agricultural uses, or additional unit development (buyer to verify). The grounds are enhanced by an incredible variety of mature fruit trees, including persimmon, avocado, pomegranate, fig, peach, donut peach, jujube, guava, apricot, lemon, sweet lemon, tangerine, olive, pear, apple, blueberries, and grapefruit. Conveniently located near schools, shopping, dining, and major commuter routes, this exceptional property offers the perfect combination of modern improvements, rental income potential, abundant open space, and endless possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 16.0 | 4.0 |
| Baths | 8.0 | 2.5 |
| Square foot | 6,062 | 1,955 |
| Lot Size | 53,143 | 7,200 |
| Price | $2.50M | $737.7K |
| Price per sq ft | $412 | $434 |
| Built year | 1990 | 1984 |
| HOA | $0 | $168 |
| Days on market | 15 | 58 |
Jul 7, 2026
$2,500,000
Initial Listing
Jul 6, 2021
$630,000
Public Record
Mar 28, 2002
$339,500
Public Record