1432 E Fresno Street, Ontario, California 91764, Ontario, 91764 - 4 bed, 2 bath
ACTIVE$839,888
1432 E Fresno Street, Ontario, California 91764
4Beds
2Baths
1,200Sqft
7,200Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating ADU: The property includes a 2-bedroom, 1-bathroom Accessory Dwelling Unit (ADU) with separate electric and gas meters, offering significant rental income potential or flexible multi-generational living arrangements.
Top Cons:
Age of Main Structure: Built in 1964, the primary residence is 60 years old, which may imply older infrastructure (e.g., plumbing, electrical, roof) that could require future maintenance or significant upgrades.
Compared to the nearby listings
Price:$839.9K vs avg $825.0K (+$14,888)56%
Size:1,200 sqft vs avg 1,994 sqft11%
Price/sqft:$700 vs avg $40689%
More Insights
Built in 1964 (61 years old).
Condition: Despite being built in 1964, the property has undergone extensive and very recent renovations, evident in the multiple kitchens and bathrooms shown. Both units feature modern white shaker cabinets, light quartz countertops, new black/stainless steel fixtures, and stainless steel appliances. Flooring throughout is new laminate/LVP and large format grey tile in bathrooms. Recessed lighting is installed, and the description explicitly states 'New Central Air condition in Both units.' All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance, indicating a comprehensive renovation likely within the last 5 years.
Year Built
1964
Close
-
List price
$840K
Original List price
$925K
Price/Sqft
$700
HOA
-
Days on market
-
Sold On
-
MLS number
IV25168322
Home ConditionExcellent
Features
Good View: Mountain(s)
Patio
ViewMountain(s)
About this home
Location, Location, Location! Corner Lot, a 4 Br 2 Bth with ADU 2Bd and 1 Bath, Plenty Parking spaces for 8 cars and Toys, Separate Electric and Gas Meters, RENT one and live in the other one. Low maintenance Front and Back yards. New Central Air condition in Both units, Must see to appreciated, Separate Gas and Electrical Meters.
Condition Rating
Excellent
Despite being built in 1964, the property has undergone extensive and very recent renovations, evident in the multiple kitchens and bathrooms shown. Both units feature modern white shaker cabinets, light quartz countertops, new black/stainless steel fixtures, and stainless steel appliances. Flooring throughout is new laminate/LVP and large format grey tile in bathrooms. Recessed lighting is installed, and the description explicitly states 'New Central Air condition in Both units.' All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance, indicating a comprehensive renovation likely within the last 5 years.
Pros & Cons
Pros
Income-Generating ADU: The property includes a 2-bedroom, 1-bathroom Accessory Dwelling Unit (ADU) with separate electric and gas meters, offering significant rental income potential or flexible multi-generational living arrangements.
Ample Parking: Boasts extensive parking capacity for up to 8 cars and recreational vehicles, a highly desirable feature in many residential areas.
Corner Lot Advantage: Positioned on a corner lot, providing enhanced privacy, increased natural light, and potentially greater curb appeal.
New Central Air Conditioning: Both the main house and the ADU benefit from newly installed central air conditioning, ensuring modern comfort and reducing immediate HVAC replacement costs for the buyer.
Low Maintenance Yards: Features low-maintenance front and back yards, appealing to buyers seeking convenience and reduced landscaping efforts and expenses.
Cons
Age of Main Structure: Built in 1964, the primary residence is 60 years old, which may imply older infrastructure (e.g., plumbing, electrical, roof) that could require future maintenance or significant upgrades.
Significant Price Reduction History: The property has experienced multiple price reductions from its original list price of $924,888 to the current $839,888, potentially indicating initial overpricing or challenges in market appeal.
Limited Interior Details for Main Unit: Beyond the new central AC, the description provides minimal information regarding the interior condition or updates of the main 4-bedroom, 2-bathroom unit, suggesting it may not have been recently renovated to modern standards.