
Ontario, California 91764
This Turnkey Multi-Unit Asset is a Prime Investment Opportunity, listed at $978,000—positioned well below the $1,002,282 Fair Market Value by 2%. This valuation gap offers $24,282 in Instant Equity for the buyer. Boasting an Excellent Condition Rating after a 2024 renovation, the property includes a main house, ADU, and JADU, producing a 7.8% cap rate with $8,130 monthly income. Featuring a prepaid 25-year solar lease, this low-maintenance property is a high-yield acquisition for 1031 Exchange Buyers or Owner-Occupants looking to house hack.
Property is new construction or fully renovated.
Although originally built in 1923, the property underwent a full renovation in 2024 and includes a newly constructed or fully updated ADU and JADU. The interiors feature modern aesthetics including luxury vinyl plank flooring, recessed lighting, and updated electrical/HVAC systems. Kitchens are equipped with new shaker-style cabinetry, stone countertops, and stainless steel appliances, while bathrooms feature contemporary tile work and fixtures. The addition of a prepaid solar system in 2025 further confirms the excellent, like-new condition of the property.
The property boasts a strong 7.8% cap rate with a gross annual income of nearly $98,000, making it an exceptional opportunity for 1031 exchange buyers or cash-flow investors.
Fully renovated in 2024 with a prepaid 25-year solar lease, the property offers modern interiors and significantly reduced energy costs for the next two decades.
The configuration of a main house plus an ADU and JADU provides three separate rental units, offering risk diversification and flexibility for future owner-occupancy.
Showings are restricted to buyers with an accepted offer only, which may deter some prospects and requires a high level of initial commitment without a physical walkthrough.
The current lease structure has the owner paying all utilities, including gas and electricity, which exposes the landlord to fluctuating costs and potential tenant overconsumption.
Huge Price reduction! Approx. 8.2% CAP rate, offering strong cash flow and an excellent investment opportunity. Fully renovated 2024 Single-Family Residence with 1 ADU and 1 JADU, offering strong and stable rental income. Current rental income totals approximately $8,130 per month ($97,560 annually) : 341A - $3,100 (3 bed / 2 bath) 341B - $2,650 (3 bed / 1 bath) 341C - $2,380 (1 bed / 1 bath) Excellent opportunity for investors or 1031 exchange buyers seeking immediate cash flow. Low-maintenance property with updated interiors and strong rental demand in the area. Strong Expense Structure Water, trash, electricity, and gas are currently paid by the seller. Total utility expenses are approximately $7,200 per year (about 7.4% of gross income). Solar System Solar panels were installed in January 2025. The seller has prepaid the full 25-year solar lease. Buyer to verify lease terms and transfer process. Flexible Rental Structure Unit A (main SFR) is currently on a month-to-month lease, offering flexibility for future owner occupancy or rent adjustment. Based on current income and asking price, the property is calculated at over 8.2% cap rate (buyer to verify). ADU and JADU were City-approved at the time of construction. Buyer to independently verify all information, Tenant occupied. Showings with accepted offer only. Do not disturb tenants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 98% |
| Baths | 4.0 | 2.0 | 98% |
| Square foot | 2,588 | 1,324 | 98% |
| Lot Size | 7,350 | 7,200 | 65% |
| Price | $938.0K | $645.0K | 98% |
| Price per sq ft | $362 | $480 | 12% |
| Built year | 1923 | 1953 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 182 | 5% |
Apr 15, 2026
$938,000
$978,000
-4% Price Drop
Initial Listing
Mar 2, 2026
$978,000
Initial Listing