340 W Caroline Street, Ontario, California 91762, Ontario, 91762 - 7 bed, 4 bath
340 W Caroline Street
Ontario, California 91762
Property Price
SUMMARY
Analysis of 340 W Caroline Street, Ontario, California 91762 is currently available with a list price of $1,100,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Ontario Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1964, the property has undergone an extensive recent renovation within the last 5 years. It features a fully modernized kitchen with brand new appliances and a range hood, new laminate flooring throughout, recessed lighting, and updated fixtures. The addition of a detached ADU and the move-in-ready condition with no deferred maintenance align with the criteria for an excellent rating.
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 = 11300, living area = 2754.
- High Occupancy Potential
With a rare 7-bedroom configuration, this property offers exceptional versatility for large multi-generational families or investors seeking high-yield rental opportunities.
- Detached ADU
The inclusion of a separate 1-bedroom, 1-bathroom ADU provides immediate potential for rental income or flexible living arrangements for guests and extended family.
CONSRISKS & DEFICIENCIES
- Potential Parking Constraints
Given the high bedroom count and the additional ADU, the property may face significant parking and traffic pressure if occupied to its full capacity.
- Aging Infrastructure
Despite cosmetic updates, the 1964 build date suggests that underlying systems such as plumbing and electrical may require professional evaluation to ensure they support the home's high-density usage.
About 340 W Caroline Street
Stunning 7 bedroom, 4 bathroom home located in the heart of Ontario. This beautifully curated residence offers a spacious living area with high ceilings, a classic brick fireplace, and a seamless blend of recessed and natural lighting. The home features laminate flooring throughout and a full kitchen equipped with brand new appliances, a range hood, and plenty of storage space. Each bedroom is generously sized and includes built-in closets and shelving for added convenience. The home sits on a well-maintained lot with both front and backyard space that is perfect for relaxing or entertaining. In addition, a detached 1 bedroom, 1 bathroom ADU in the rear offers excellent flexibility for extended family, guests, or rental income. With charm, space, and versatility, this Ontario property is a rare find.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 11,300 Sq. Ft.
Interior
- Total Bedrooms
- 7
- Total Bathrooms
- 4 (4 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 99% |
| Baths | 4.0 | 2.0 | 92% |
| Square foot | 2,754 | 1,697 | 87% |
| Lot Size | 11,300 | 7,260 | 83% |
| Price | $1.10M | $726.0K | 95% |
| Price per sq ft | $399 | $425 | 39% |
| Built year | 1964 | 1973 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 176 | 1% |
Pricing History
Listed for Sale
Mar 3, 2026
$1,100,000
Initial Listing
Sold
May 10, 2023
$700,000
Public Record
Sold
Mar 2, 2021
$70,000
Public Record
Sold
Sep 4, 2020
$615,000
Public Record