527 W Philadelphia, Ontario, California 91762, Ontario, 91762 - 4 bed, 2 bath
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Ontario, California 91762
Analysis of 527 W Philadelphia, Ontario, California 91762 is currently available with a list price of $2,150,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Property is moderate renovation needed.
Built in 1975, the home is nearly 50 years old and shows significant dating. While the kitchen has received some cosmetic updates including stone countertops and newer flooring, the cabinetry and appliances are aged. The property is functional and move-in ready, but the heavy emphasis on land value and development potential in the listing suggests the structure requires modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 100650, living area = 1575.
The expansive 2.3-acre lot is zoned AR2, allowing for up to four dwelling units, which presents a rare and lucrative opportunity for investors or builders to maximize density.
With over $300,000 already invested in lot preparation, the property offers a significant head start for the next owner, reducing initial site costs and accelerating the construction timeline.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
At a list price of $2.15 million for a 1,575-square-foot home, the value is almost entirely in the land, which may limit the pool of traditional residential buyers.
Built in 1975, the existing 4-bedroom residence may require significant modern updates or renovations to align with the premium price point and the expectations of a luxury-tier investor.
Great property in the heart of Ontario close to mayor freeways, the main house features 4-bedrooms and 2-bathooms, the expansive 2.3 acres lot offers an exceptional canvas for investors and builders, the Zoning is AR2 (Residential agricultural) this lot can have a total of 4 dwelling units. The sellers has already invested over $300,000 in preparing the lot, setting the stage for the next owner to take full advantage of the possibilities. The property also features a private pool, a large driveway with ample space for multiple vehicles, RVs, or equipment and a spacious 4 car garage—adding both convenience and functionality. Whether you’re envisioning new construction, a multi-unit project, or a long-term investment hold, this property provides the flexibility to bring your vision to life. Don’t miss this chance to secure a large land parcel in a growing area with endless upside. Opportunities like this are rare—bring your vision and unlock the full potential!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 61% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,575 | 1,572.5 | 50% |
| Lot Size | 100,650 | 7,347 | 99% |
| Price | $2.15M | $721.2K | 99% |
| Price per sq ft | $1.4K | $464 | 99% |
| Built year | 1975 | 1962 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 156 | 4% |
Apr 19, 2026
$2,150,000
Initial Listing
Nov 19, 2021
$1,750,000
Public Record