416 N Monterey, Ontario, California 91764, Ontario, 91764 - 2 bed, 2 bath
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Ontario, California 91764
Analysis of 416 N Monterey, Ontario, California 91764 is currently available with a list price of $399,999. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1926, this property is explicitly marketed as an investment opportunity requiring significant cosmetic TLC and substantial renovation. While the roof is a recent capital improvement (less than 2 years old), the exterior images show overgrown landscaping and aged features. The listing notes a discrepancy between tax records and the actual layout, and the overall description indicates the home needs major rehabilitation to meet modern living standards.
Priced competitively under $400,000, this property serves as an ideal entry-level opportunity for investors looking to renovate and capitalize on the Southern California market.
The roof is less than two years old, providing significant value by eliminating one of the most expensive immediate maintenance concerns for a buyer.
The home features three bedrooms despite tax records showing only two, offering more functional space and higher potential rental income once the layout is formalized.
The property requires substantial cosmetic TLC, meaning buyers must be prepared for an extensive renovation project to make the home habitable or market-ready.
The mismatch between tax records (2 beds/2 baths) and the actual layout (3 beds/1 bath) may create challenges with appraisals and securing traditional financing.
Great investment opportunity for savvy investor! Tax roll shows 2 beds, 2 baths. However, property has 3 beds, 1 bath. Roof is less than 2 years old. Significant cosmetic TLC needed.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 21% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 783 | 1,308 | 2% |
| Lot Size | 3,283 | 7,194 | 8% |
| Price | $400.0K | $637.5K | 2% |
| Price per sq ft | $511 | $486 | 55% |
| Built year | 1926 | 1953 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 182 | 3% |
Mar 13, 2026
$399,999
Initial Listing
Jun 8, 2000
$91,000
Public Record