1829 E Elm, Ontario, California 91761, Ontario, 91761 - 2 bed, 2 bath

1829 E Elm, Ontario, California 91761 home-pic-0
ACTIVE$899,888
1829 E Elm, Ontario, California 91761
2Beds
2Baths
1,747Sqft
23,305Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
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 = 23305, living area = 1747.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.

Compared to the nearby listings

Price:$899.9K vs avg $760.0K (+$139,888)91%
Size:1,747 sqft vs avg 1,889 sqft45%
Price/sqft:$515 vs avg $39981%

More Insights

Built in 1959 (66 years old).
Condition: Built in 1959, this property is significantly outdated and requires substantial repairs and rehabilitation. The kitchen is in very poor condition with severely dated cabinets, appliances, and a damaged drop ceiling showing exposed wiring and potential water damage. The bathrooms are equally outdated with old vanities, fixtures, and gold-framed shower doors. Flooring throughout is worn hardwood, dated carpet, or older tiles. Visible signs of deferred maintenance and significant physical depreciation are present, indicating major components need repair or replacement to meet modern standards and ensure comfortable living.
Year Built
1959
Close
-
List price
$900K
Original List price
$900K
Price/Sqft
$515
HOA
-
Days on market
-
Sold On
-
MLS number
IV25277058
Home ConditionPoor
Features
Patio
View-

About this home

Opportunities Like This Don’t Come Often! Welcome to this one-of-a-kind property located in a prime Ontario location! Whether you're a large family, business owner, work from home, this expansive lot offers endless possibilities for growth, development, and personal enjoyment. Situated just minutes from I-10, I-15, SR-60, and Ontario International Airport, this location provides easy access to all the amenities and major transportation routes you need. This unique property features three distinct structures, making it ideal for a variety of purposes. The main House is a charming 3-bedroom, 2-bathroom residence with a spacious bonus room that can be used as additional living space. This home offers a cozy and functional layout perfect for families or anyone looking for living in a great location. The second structure is a versatile studio, perfect for a home-based work, an office space for professionals, or even as a cozy granny flat or rental unit. This space provides excellent potential for extra income or as a private retreat for family members. It’s a gem for those who need a dedicated work area without compromising the comforts of home. The third structure is a large barn that can be transformed into a variety of things. Whether you’re looking for a workshop, storage space, or a place to host large events, this barn offers ample room to bring your ideas to life. The possibilities are only limited by your imagination! The enormous lot continues to offer more than enough space for all your needs. Whether you're looking to park your RV, store vehicles, or house equipment, there’s plenty of secure storage space. The vast backyard is perfect for personal use, with room for gardens, outdoor entertainment. Two large trees in the back yard provide ample shade, making this the perfect spot to relax or work while enjoying the outdoors. Whether it’s a summer BBQ, outdoor office space, or a peaceful retreat from the world, the space is designed to suit all kinds of lifestyles. The prime location, versatile layout, and endless opportunities make this property an incredible investment. It’s perfect for a growing family, those in need of multi-generational living spaces, business owners looking for an office or rental potential, or anyone who needs ample room for work, play, and storage. Don't miss out on this rare opportunity. With its unique features and incredible potential, this property is a dream come true for the right buyer!

Condition Rating
Poor

Built in 1959, this property is significantly outdated and requires substantial repairs and rehabilitation. The kitchen is in very poor condition with severely dated cabinets, appliances, and a damaged drop ceiling showing exposed wiring and potential water damage. The bathrooms are equally outdated with old vanities, fixtures, and gold-framed shower doors. Flooring throughout is worn hardwood, dated carpet, or older tiles. Visible signs of deferred maintenance and significant physical depreciation are present, indicating major components need repair or replacement to meet modern standards and ensure comfortable living.
Pros & Cons

Pros

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 = 23305, living area = 1747.
Versatile Multi-Structure Property: Features three distinct structures (main house, studio, large barn), offering exceptional flexibility for multi-generational living, home-based businesses, rental income potential, workshops, or event hosting.
Expansive Lot Size: A generous 23,305 sqft lot provides ample space for RV/vehicle storage, outdoor entertainment, gardening, and potential future development, a rare asset in urban settings.
Prime Location & Accessibility: Strategically located minutes from major freeways (I-10, I-15, SR-60) and Ontario International Airport, ensuring excellent connectivity for commuters and business operations.
Income & Lifestyle Potential: The versatile studio can serve as a granny flat or rental unit, offering potential for additional income, or as a private retreat/dedicated workspace.
Outdoor Amenities: The vast backyard, enhanced by two large shade trees, creates an ideal environment for relaxation, outdoor activities, and entertaining.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
Age and Potential for Updates: Built in 1959, the property is over six decades old. While charming, older homes typically require ongoing maintenance and may necessitate significant updates to systems (e.g., HVAC, electrical, plumbing) and aesthetics to meet modern standards, incurring additional costs.
Lack of Detailed Condition Information: The listing emphasizes potential but provides limited specifics on the current condition or recent renovations of the main house, studio, or barn, which might suggest a need for substantial investment in repairs or upgrades.
Absence of Scenic Views: The property does not offer any notable scenic views, which could be a drawback for buyers prioritizing specific outlooks or panoramic surroundings.

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