532 S Lemon, Ontario, California 91761, Ontario, 91761 - 3 bed, 3 bath
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532 S Lemon
Ontario, California 91761
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,074Sq Ft
6,345Lot Size
Property Price
LIST PRICE$765,000
EST. MARKET VALUE
$654,626
16% AboveMARKET VALUE
SUMMARY
This Dual-Unit Residential Property represents a High-Potential Investment Opportunity, listed at $765,000—positioned above the $654,626 Fair Market Value. While priced above current estimates, the property offers a Mint Condition Rating with a fully renovated main residence and a permitted second unit. This Versatile Layout provides significant rental income potential or multi-generational living flexibility. Located in the Chaffey Joint Union High district, this asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, income-generating property in Ontario.
Estimated Market Value
$654,626
Based on Realkey algorithm analyzing recent comparable sales in Ontario.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 532 S Lemon Subject 3 bd · 3 ba · 1,074 sqft · $610 | $765,000* List Price | 3 | 3 | 1,074 | $610 | - |
A 516 E Sunkist Sold 3 bd · 1 ba · 1,056 sqft · $545 · 0.3 mi | $575,000 | 3 | 1 | 1,056 | $545 | 0.3 mi |
B 830 E Emporia Street Sold 3 bd · 1 ba · 1,096 sqft · $525 · 0.7 mi | $575,000 | 3 | 1 | 1,096 | $525 | 0.7 mi |
C 1214 S Sultana Active 3 bd · 3 ba · 872 sqft · $682 · 0.5 mi | $595,000 List Price | 3 | 3 | 872 | $682 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (likely <5 years) featuring a brand-new kitchen with modern cabinetry and stainless steel appliances, fully updated bathrooms with contemporary tile and fixtures, new flooring, and updated air conditioning. It is in mint, move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Unit Property
The property features two permitted homes on a single lot, providing exceptional value for multi-generational families or investors seeking rental income potential.
- Modern Renovations
The main residence has been comprehensively updated with a brand-new kitchen, remodeled bathrooms, new flooring, and air conditioning, ensuring a move-in-ready experience.
- Versatile Layout
With a separate one-bedroom back house featuring its own kitchen and living area, the property offers flexible usage options such as a private home office or guest suite.
CONSRISKS & DEFICIENCIES
- Compact Living Area
With a total of only 1,074 square feet split between two separate residences, the individual rooms and living spaces are likely to feel quite constrained.
- Vintage Infrastructure
Originally constructed in 1947, the property may require ongoing maintenance or upgrades to older underlying systems despite the recent cosmetic renovations.
About 532 S Lemon
TWO HOMES ON ONE LOT! Welcome to 532 S Lemon Avenue, featuring a beautifully updated main residence and a separate permitted home behind it. The main residence is a charming single-story home featuring two bedrooms and two bathrooms and has been beautifully remodeled throughout. Highlights include a brand-new kitchen, updated bathrooms, new flooring, air conditioning, and fresh finishes that make the home move-in ready. Behind the main residence is a permitted separate home featuring one bedroom, a living room, and a kitchen. This additional space offers excellent flexibility for a variety of uses, including guest accommodations, extended living space, a home office, or other permitted uses. Situated on a spacious property in the heart of Ontario, this unique property combines a beautifully renovated main residence with the added benefit of a permitted second living space. Conveniently located near shopping, dining, services, and major commuter routes, 532 S Lemon Avenue offers comfort, versatility, and outstanding potential.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 6,345 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 |
|---|---|---|
| Beds | 3.0 | 3.8 |
| Baths | 3.0 | 2.7 |
| Square foot | 1,074 | 1,839.871 |
| Lot Size | 6,345 | 6,981.862 |
| Price | $765.0K | $743.4K |
| Price per sq ft | $712 | $429 |
| Built year | 1947 | 1979 |
| HOA | $0 | $174 |
| Days on market | 37 | 55 |
Pricing History
Listed for Sale
Sep 17, 2026
$765,000
Initial Listing