1531 W 4th Street, Ontario, California 91762, Ontario, 91762 - 3 bed, 2 bath
Loading property details...
1531 W 4th Street
Ontario, California 91762
ACTIVE UNDER CONTRACT
CONDITION: FAIR
3Beds
2Baths
1,294Sq Ft
7,847Lot Size
Property Price
LIST PRICE$649,900
EST. MARKET VALUE
$632,370
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $649,900—positioned slightly above the $632,370 Fair Market Value. While the home requires cosmetic updates to address its Fair Condition Rating, the Modernized Kitchen and Extensive Parking & RV Access provide immediate utility. The large 7,847 sqft lot offers significant upside for future expansion or outdoor enhancements. This asset is well-suited for Buy-and-Hold Investors seeking rental demand or first-time buyers looking to build equity through strategic interior improvements.
Estimated Market Value
$632,370
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 |
|---|---|---|---|---|---|---|
★ 1531 W 4th Street Subject | $649,900* List Price | 3 | 2 | 1,294 | $489 | - |
A 1525 W Princeton Sold | $675,000 | 4 | 2 | 1,284 | $526 | 0.1 mi |
B 1454 W J Sold | $675,000 | 3 | 2 | 1,294 | $522 | 0.1 mi |
C 1342 N Benson Sold | $655,000 | 3 | 2 | 1,564 | $419 | 0.4 mi |
D 1319 W D Sold | $595,000 | 3 | 2 | 1,312 | $454 | 0.8 mi |
E 1053 W Princeton Street Sold | $680,000 | 3 | 2 | 1,199 | $567 | 0.6 mi |
F 955 W G Street Sold | $725,000 | 3 | 2 | 1,412 | $513 | 0.9 mi |
G 1353 W Princeton Street Sold | $695,000 | 4 | 2 | 1,724 | $403 | 0.2 mi |
H 949 W Rosewood Court Pending | $599,990 List Price | 2 | 2 | 1,420 | $423 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1955, the property features a partially renovated interior with a newer kitchen and updated bathroom tile (likely 5-15 years old). However, the home remains dated overall, featuring original wood paneling, popcorn ceilings, and bedroom carpeting with significant staining that requires immediate replacement. While functional and featuring double-pane windows, it needs cosmetic updates and minor repairs to be fully move-in ready.
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 = 7847, living area = 1294.
- Modernized Kitchen
The property features a recently remodeled kitchen with new cabinetry, countertops, and appliances, offering immediate value and a contemporary feel for first-time buyers.
- Extensive Parking & RV Access
A deep driveway and detached two-car garage provide ample parking capacity, including dedicated space for an RV, which is a significant utility advantage for the area.
CONSRISKS & DEFICIENCIES
- Mid-Century Infrastructure
Built in 1955, the home may require ongoing maintenance or updates to aging systems typical of its era that are not addressed by the recent cosmetic renovations.
- Compact Interior Footprint
With 1,294 square feet of living space distributed across three bedrooms, the interior layout may feel restrictive for larger families or those requiring a home office.
About 1531 W 4th Street
A great home for your first time or investor's with 3 bedrooms & 1.75 Baths, newer kitchen remolded Inc. new cabinets, counter tops & stove, nice size eating area & living room with double sided stone fireplace, double pane windows T/O newer tiled shower, laundry room hook ups inside, detached 2 car garage & deep driveway with lots of room to park Inc, space for R.V, Large backyard with block wall fencing all around plus 2 storage sheds, Large covered patio area with plenty of room located, nearby shopping & easy access to freeway.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1955
- Lot Size
- 7,847 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 | 1,294 | 1,780.319 |
| Lot Size | 7,847 | 7,032.331 |
| Price | $649.9K | $742.2K |
| Price per sq ft | $502 | $433 |
| Built year | 1955 | 1979 |
| HOA | $0 | $167 |
| Days on market | 47 | 54 |
Pricing History
Listed for Sale
Jul 24, 2026
$649,900
Initial Listing