1513 W Princeton Street, Ontario, California 91762, Ontario, 91762 - 3 bed, 2 bath
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1513 W Princeton Street
Ontario, California 91762
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,195Sq Ft
7,800Lot Size
Property Price
LIST PRICE$549,999
EST. MARKET VALUE
$557,800
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $549,999—positioned well below the $557,801 Fair Market Value by 1.4%. This valuation gap offers $7,802 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires renovation but includes a recently upgraded HVAC system. The expansive 7,800 sqft lot provides significant value-add potential. This is a strategic acquisition ideal for Fix-and-Flip Investors or first-time buyers looking to build sweat equity.
Estimated Market Value
$557,800
Based on Realkey algorithm analyzing recent comparable sales in Ontario.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1513 W Princeton Street Subject | $549,999* List Price | 3 | 2 | 1,195 | $467 | - |
A 1525 W Princeton Sold | $675,000 | 4 | 2 | 1,284 | $526 | 0.0 mi |
B 1310 Hollowell Sold | $640,000 | 3 | 2 | 1,240 | $516 | 0.9 mi |
C 941 W Yale Street Sold | $682,000 | 3 | 2 | 1,315 | $519 | 0.7 mi |
D 1342 N Benson Sold | $655,000 | 3 | 2 | 1,564 | $419 | 0.2 mi |
E 1540 W D Sold | $560,000 | 3 | 2 | 1,204 | $465 | 0.8 mi |
F 1319 W D Sold | $595,000 | 3 | 2 | 1,312 | $454 | 0.9 mi |
G 1531 W 4th Street Active Under Contract | $649,900 List Price | 3 | 2 | 1,294 | $502 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1956 with largely original or highly outdated kitchen and bathrooms (>30 years old). The listing explicitly states the home needs renovation and is being sold 'as-is' for investors or renovators, though the recently updated HVAC system provides a minor functional improvement.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7800, living area = 1195.
- Significant Value-Add Potential
This property serves as an ideal canvas for investors or renovators to build substantial sweat equity through modernization in a well-established Ontario neighborhood.
- Recent Infrastructure Upgrade
The inclusion of a recently installed A/C system provides a critical modern comfort and reduces immediate capital expenditure, a rare benefit for a home of this vintage.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
The home is in need of significant updating and repairs, which will require a substantial additional budget and time commitment from the purchaser.
- As-Is Sale Condition
Sold strictly in its present condition, the property may present challenges for traditional financing and requires the buyer to assume all responsibility for existing defects.
About 1513 W Princeton Street
A RARE OPPORTUNITY TO CREATE VALUE IN A WELL-ESTABLISHED ONTARIO NEIGHBORHOOD! Bring your vision and unlock the potential of this charming Ontario property. Located in an established residential neighborhood, this home offers an exciting opportunity for investors, renovators, or buyers looking to create a personalized starter home. The property features 3 bedrooms and 2 bathrooms and offers a great canvas for transformation. While the home is in need of updating and renovation, its existing layout provides an excellent starting point for the next owner. A recently added A/C system is an important improvement and provides a great foundation for the future. Location adds to the appeal, with a nearby elementary school and convenient access to everyday amenities, shopping, dining, transportation, and major freeways. The established neighborhood offers a comfortable residential setting and strong potential for those looking to invest in Ontario. For the savvy investor, this is an opportunity to renovate, modernize, and add value. For a first-time buyer or owner-occupant, the property offers the chance to build sweat equity and create a home tailored to your own style and needs. Properties with this combination of location and potential don't come along often. If you can see beyond the current condition, this could be the opportunity you've been waiting for. Property is being sold in its present condition. Buyer and buyer's agent to independently verify all information, including square footage, permits, condition, improvements, school assignments, and potential uses. BUYER IS SELLING HOME AS IS
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 7,800 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,195 | 1,780.319 |
| Lot Size | 7,800 | 7,032.331 |
| Price | $550.0K | $742.2K |
| Price per sq ft | $460 | $433 |
| Built year | 1956 | 1979 |
| HOA | $0 | $167 |
| Days on market | 6 | 54 |
Pricing History
Listed for Sale
Sep 3, 2026
$549,999
Initial Listing
Sold
May 28, 2004
$246,000
Public Record