1829 E Elm Street, Ontario, California 91761, Ontario, 91761 - 3 bed, 2 bath

1829 E Elm Street, Ontario, California 91761 home-pic-0
ACTIVE$899,888
1829 E Elm Street, Ontario, California 91761
3Beds
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:
Age of Main Residence: Built in 1959, the main house may require significant updates to meet modern aesthetic preferences and energy efficiency standards, potentially incurring additional renovation costs for a buyer.

Compared to the nearby listings

Price:$899.9K vs avg $760.0K (+$139,938)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 shows significant signs of age and a lack of modern updates. The kitchen features very dated wood cabinets, older appliances (some missing), and a highly unappealing drop ceiling with fluorescent lighting, indicating a renovation (if any) from 30-50+ years ago. The bathroom has outdated fixtures and a cultured marble surround. Flooring throughout includes worn hardwood, dated tiles, and worn carpet. While the property appears functional, its aesthetic and components are severely outdated, requiring substantial repairs and rehabilitation to meet current living standards and comfort, aligning with the 'poor' condition criteria.
Year Built
1959
Close
-
List price
$900K
Original List price
$900K
Price/Sqft
$515
HOA
-
Days on market
-
Sold On
-
MLS number
IV25036486
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 shows significant signs of age and a lack of modern updates. The kitchen features very dated wood cabinets, older appliances (some missing), and a highly unappealing drop ceiling with fluorescent lighting, indicating a renovation (if any) from 30-50+ years ago. The bathroom has outdated fixtures and a cultured marble surround. Flooring throughout includes worn hardwood, dated tiles, and worn carpet. While the property appears functional, its aesthetic and components are severely outdated, requiring substantial repairs and rehabilitation to meet current living standards and comfort, aligning with the 'poor' condition criteria.
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.
Exceptional Versatility & Multi-Use Potential: The property features three distinct structures (main house, versatile studio, large barn), offering extensive possibilities for multi-generational living, home-based businesses, rental income, or extensive hobbies and storage.
Prime & Highly Accessible Location: Strategically situated minutes from major freeways (I-10, I-15, SR-60) and Ontario International Airport, ensuring excellent connectivity and convenience for residents and businesses.
Expansive & Highly Functional Lot: An enormous 23,305 sqft lot provides ample space for outdoor entertainment, gardening, potential development, and significant secure parking/storage for RVs, vehicles, or equipment.
Strong Income & Business Opportunity: The versatile studio can serve as a granny flat or rental unit, while the large barn offers potential for a workshop, event space, or additional business operations, providing avenues for supplementary income.
Significant Outdoor Living & Relaxation Space: The vast backyard, enhanced by two large shade trees, creates an ideal environment for relaxation, outdoor activities, and entertaining, significantly enhancing lifestyle appeal.

Cons

Age of Main Residence: Built in 1959, the main house may require significant updates to meet modern aesthetic preferences and energy efficiency standards, potentially incurring additional renovation costs for a buyer.
Increased Maintenance Demands: The presence of three distinct structures and an expansive lot implies higher ongoing maintenance requirements and associated costs compared to a standard single-family home.
Unspecified Interior Modernization: The description focuses heavily on the property's potential and external features, with no explicit mention of recent interior renovations or modern amenities within the main house, suggesting it might be dated.

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