
Ontario, California 91764
This Strong Value Opportunity is a fully renovated 1953 California Ranch listed at $779,000, positioned above the $722,402 Fair Market Value. While priced at a premium, the property features a Condition Rating of 2, boasting a complete "inside-out" rebuild with all new systems and permitted upgrades. The massive 8,276 sqft lot includes approved plans for a 998 sqft ADU, providing significant long-term rental income potential. This turnkey asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a modern, low-maintenance residence with expansion capabilities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1425 N Marcella Court Subject | $779,000* List Price | 3 | 2 | 1,196 | $604 | - |
A 943 E Yale Street Sold | $715,000 | 4 | 2 | 1,223 | $585 | 0.4 mi |
B 931 E Princeton Street Sold | $739,000 | 3 | 2 | 1,539 | $480 | 0.4 mi |
C 1381 E 5th Sold | $680,000 | 4 | 2 | 1,152 | $590 | 0.9 mi |
D 1386 E 6th Sold | $620,000 | 3 | 2 | 1,032 | $601 | 0.9 mi |
E 634 E Bonnie Brae Court Active | $739,000 List Price | 3 | 2 | 1,334 | $554 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This 1953 home has undergone a complete 'inside out' renovation within the last year, meeting the <5-year reno criteria. It features brand-new kitchen and bathrooms with modern finishes, and all major systems have been replaced, including a new roof, windows, plumbing, 200-amp electrical panel, and mini-split HVAC.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1196.
The property has been completely rebuilt from the inside out with new roofing, plumbing, electrical, and HVAC systems, all fully permitted and inspected for a turn-key experience.
Includes approved plans for a 998 sqft detached ADU, offering a massive value-add opportunity for rental income or multi-generational living on the 8,276 sqft lot.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8276, other record lot size in square feet = 8100.
At 1,196 square feet for a three-bedroom, two-bathroom layout, the interior living areas may feel constrained compared to more modern residential footprints.
The property offers no significant views, which may limit its appeal to buyers seeking aesthetic surroundings or neighborhood vistas.
Fully rehabbed 1953 California Ranch, rebuilt from the inside out. NEW roof, windows, plumbing, gas lines, 200-amp panel, mini-split HVAC, water heater, flooring, paint, and light fixtures. All permitted and inspected. New master bath with shower and 36" vanity. New full hallway bath with tub/shower combo and 42" vanity. Both fully permitted. Approved plans for 998 sqft detached ADU ready to pull permit. Detached 2-car garage, long driveway, NEW: Roof | Windows | Plumbing | Gas Lines | 200-Amp Electrical Panel | Mini-Split HVAC | Water Heater | Flooring | Interior & Exterior Paint | Light Fixtures | Kitchen | Bathrooms AND Approved 998 sqft detached ADU. Eligible for $10,000 forgivable loan (no payments, no interest) to cover closing costs, rate buy-down and/or down payment. 100% financing available with NO MI.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,196 | 1,293 | 37% |
| Lot Size | 8,276 | 7,200 | 80% |
| Price | $779.0K | $660.0K | 88% |
| Price per sq ft | $651 | $497 | 92% |
| Built year | 1953 | 1954 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 118 | 8% |
May 8, 2026
$779,000
Initial Listing
Jul 12, 2016
$320,000
Public Record