341 Muscatel Avenue, Ontario, California 91764, Ontario, 91764 - 7 bed, 4 bath
341 Muscatel Avenue
Ontario, California 91764
Property Price
SUMMARY
Analysis of 341 Muscatel Avenue, Ontario, California 91764 reveals a Fairly Priced Property with a current list price of $978,000 aligned with the estimated $1,002,282 Fair Market Value. This represents a stable investment opportunity at market rate. 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.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
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.
PROSSTRENGTHS & OPPORTUNITIES
- High Yield Investment
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.
- Turnkey Condition & Solar
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.
- Versatile Income Streams
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.
CONSRISKS & DEFICIENCIES
- Limited Showing Access
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.
- Owner-Paid Utilities
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.
About 341 Muscatel Avenue
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 (2 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 7.8% cap rate (buyer to verify). ADU and JADU were City-approved at the time of construction. Buyers are advised to independently verify current City regulations regarding rental use and owner-occupancy requirements. Tenant occupied. Showings with accepted offer only. Do not disturb tenants.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 7,350 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 | 99% |
| Square foot | 2,588 | 1,341 | 97% |
| Lot Size | 7,350 | 7,137 | 66% |
| Price | $978.0K | $647.5K | 99% |
| Price per sq ft | $378 | $481 | 16% |
| Built year | 1923 | 1953 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 170 | 1% |
Pricing History
Listed for Sale
Mar 2, 2026
$978,000
Initial Listing