517 W I, Ontario, California 91762, Ontario, 91762 - 3 bed, 2 bath
517 W I
Ontario, California 91762
Property Price
SUMMARY
Analysis of 517 W I, Ontario, California 91762 reveals a Prime Investment Opportunity with a current list price of $749,900—significantly undercutting the $775,719 Fair Market Value by 3%. This valuation gap indicates a +$25,819 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 517 W I Subject | $749,900* List Price | 3 | 2 | 1,970 | $394 | - |
A 312 W I Sold | $820,000 | 3 | 3 | 1,878 | $437 | 0.2 mi |
B 631 Berkeley Sold | $790,000 | 4 | 2 | 1,946 | $406 | 0.2 mi |
C 822 W 4th Street Sold | $735,000 | 3 | 2 | 1,637 | $449 | 0.5 mi |
D 608 W G Street Sold | $700,000 | 3 | 2 | 1,695 | $413 | 0.2 mi |
E 1111 W J Street Sold | $640,000 | 4 | 2 | 1,668 | $384 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features several significant modern upgrades, including a newer A/C condenser, newer windows, recessed lighting, and plantation shutters. Although built in 1947, the home has been well-maintained with updated white kitchen cabinetry, crown molding, and French doors. The major systems appear functional and within their expected lifespan, and the interior quality suggests it does not require immediate renovation.
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 = 8580, living area = 1970.
CONSRISKS & DEFICIENCIES
About 517 W I
Welcome to this charming single-family home located in beautiful City of Ontario. It features almost 2,000 sq foot of living space and 8,500 lot size on a beautiful tree lined street. Spacious 3 bedrooms, 2 good size bathrooms, plus a separate office space leading to side yard, spacious living room with wood burning fireplace, crown molding & white plantation shutters, nice & bright kitchen with white cabinets, black appliances & dining area with French doors leading to side yard & carport, family room with access to covered patio with two ceiling fans and a spacious outdoor laundry room. Upgrades include newer windows and two sets of French doors, recess lighting, plantation shutters, newer a/c condenser, newer concrete added to backyard free of maintenance. The 2-car carport is ideal to keep your cars covered plus driveway space for additional cars and more cars behind gate if needed. Centrally located in the City of Ontario between 10 freeway & the 60 freeway, shopping, schools and so much more. And priced to sell.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 8,580 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,970 | 1,697 | 62% |
| Lot Size | 8,580 | 7,260 | 69% |
| Price | $749.9K | $726.0K | 60% |
| Price per sq ft | $381 | $425 | 36% |
| Built year | 1947 | 1973 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 176 | 3% |
Pricing History
Listed for Sale
Mar 2, 2026
$749,900
$768,000
-2% Price Drop
Initial Listing
Price Change
Feb 20, 2026
$768,000
$778,000
-1% Price Drop
Initial Listing
Price Change
Feb 7, 2026
$778,000
$788,000
-1% Price Drop
Initial Listing
Price Change
Jan 24, 2026
$788,000
Initial Listing
Sold
Oct 12, 2000
$183,000
Public Record