329 E Belmont, Ontario, California 91761, Ontario, 91761 - 4 bed, 2 bath
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329 E Belmont
Ontario, California 91761
ACTIVE
CONDITION: FAIR
4Beds
2Baths
1,548Sq Ft
6,200Lot Size
Property Price
LIST PRICE$770,000
EST. MARKET VALUE
$656,273
17% AboveMARKET VALUE
SUMMARY
This Residential Income Duplex is currently listed at $790,000, which is positioned above the $661,656 Fair Market Value. While the property requires interior cosmetic updates given its Condition Rating of 4, it offers a Strong Value Opportunity through its Dual Income Potential and Private 2-Car Garages for each unit. Recent exterior maintenance, including a roof update and fresh trim paint, mitigates immediate capital expenditure. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income to offset mortgage costs.
Estimated Market Value
$656,273
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 |
|---|---|---|---|---|---|---|
★ 329 E Belmont Subject | $770,000* List Price | 4 | 2 | 1,548 | $424 | - |
A 720 S Sultana Sold | $665,000 | 5 | 2 | 1,614 | $412 | 0.3 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 1987 (37 years old), the property falls into the dated category. While the roof and exterior were updated approximately 5 years ago, the interior remains dated with popcorn ceilings, older tile flooring, and original-style bathroom fixtures, suggesting a need for cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- Dual Income Potential
This well-maintained duplex features two separate 2-bedroom, 1-bathroom units, offering a versatile opportunity for consistent rental income or a live-in-one, rent-the-other strategy.
- Recent Exterior Maintenance
The property benefits from a roof and exterior updated approximately five years ago, along with fresh trim paint in 2025, reducing immediate capital expenditure for the buyer.
- Private Garage Parking
Unlike many multi-family properties, each unit includes its own private 2-car garage, providing significant value through secure parking and additional storage for tenants.
CONSRISKS & DEFICIENCIES
- As-Is Sale Condition
The property is being sold in 'as-is' condition, which may necessitate additional buyer investment for interior upgrades or repairs and could limit certain financing options.
- Airport Noise Proximity
Located near Ontario International Airport, the property is subject to frequent aircraft noise, which may impact the quality of life for residents and long-term tenant retention.
About 329 E Belmont
Newly Priced! Fantastic duplex opportunity in the heart of Ontario! This well-maintained income property features two separate 2-bedroom, 1-bathroom units, each with its own private 2-car garage. The exterior of the property and roof were updated approximately five years ago, and the exterior trim was freshly painted in 2025. Situated on a spacious lot, this property offers excellent investment potential or the opportunity to live in one unit while generating rental income from the other. Conveniently located near schools, parks, shopping, dining, major freeways, and Ontario International Airport. Property is being sold AS IS.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1987
- Lot Size
- 6,200 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 | 4.0 | 2.8 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,548 | 1,271.375 |
| Lot Size | 6,200 | 7,889.25 |
| Price | $770.0K | $748.0K |
| Price per sq ft | $497 | $486 |
| Built year | 1987 | 1958 |
| HOA | $0 | $0 |
| Days on market | 44 | 58 |
Pricing History
Listed for Sale
Sep 5, 2026
$770,000
$790,000
-3% Price Drop
Initial Listing
Price Change
Jul 28, 2026
$790,000
Initial Listing
Price Change
Jul 27, 2026
$750,000
Initial Listing