535 N Allyn, Ontario, California 91764, Ontario, 91764 - 3 bed, 2 bath
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Ontario, California 91764
This Value-Add Residential Asset presents a High-Potential Investment Opportunity with a List Price of $585,888—positioned well below the $600,112 Fair Market Value by 2%. This valuation gap offers $14,224 in Instant Equity for buyers prepared to execute cosmetic renovations. Currently holding a Condition Rating of 4, the property’s 6,930 Square Foot Lot and location within the Ontario-Montclair School District provide substantial long-term upside. With a Low Tax Rate and neighborhood views, this is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants looking to build wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 535 N Allyn Subject | $585,888* List Price | 3 | 2 | 1,017 | $566 | - |
A 1126 E E Street Sold | $595,000 | 3 | 2 | 1,137 | $523 | 0.4 mi |
B 730 N Holmes Sold | $585,000 | 3 | 1 | 936 | $625 | 0.3 mi |
C 814 N Cucamonga Avenue Sold | $575,000 | 3 | 1 | 1,008 | $570 | 0.4 mi |
D 958 E Flora Street Sold | $600,000 | 3 | 2 | 1,014 | $592 | 0.1 mi |
E 1039 E Elma Sold | $540,000 | 3 | 1 | 1,286 | $420 | 0.3 mi |
F 1205 E D Active | $575,000 List Price | 3 | 1 | 816 | $705 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1946, the property is explicitly marketed as needing cosmetic updating and is priced below market value to reflect its dated condition. While the structure appears intact, the listing's emphasis on 'vision' and 'instant equity' for investors indicates that the kitchen, bathrooms, and major systems likely show significant signs of age and have not been renovated in the last 15 to 30 years.
Priced $50,000 below market value, this property offers a significant opportunity for investors or primary buyers to gain immediate equity through cosmetic improvements.
The 6,930 square foot lot provides ample outdoor space for gardening, entertaining, or the potential addition of an Accessory Dwelling Unit (ADU).
The property benefits from a low tax rate, enhancing long-term affordability and reducing the total monthly carrying cost for the homeowner.
The home requires cosmetic updating and a 'vision' for renovation, which implies immediate out-of-pocket expenses and labor after closing.
At 1,017 square feet for a three-bedroom configuration, the interior layout may feel small or restricted compared to modern residential standards.
Priced $50,000 BELOW market value! This generously sized home is all about LOCATION, SPACE, and UPSIDE. Set in a fantastic neighborhood, the layout and square footage are hard to beat! Yes, it needs some cosmetic updating, but that’s where the value is—bring your vision and make it your own! Perfect for buyers who want instant equity, investors looking for a solid play, or any buyers ready to customize a home in an unbeatable location. More photos coming soon—Low Tax Rate!! this one is worth the wait!! *Agents please read remarks.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,017 | 1,308 | 18% |
| Lot Size | 6,930 | 7,194 | 38% |
| Price | $585.9K | $637.5K | 24% |
| Price per sq ft | $576 | $486 | 76% |
| Built year | 1946 | 1953 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 74 | 182 | 14% |
Feb 7, 2026
$585,888
Initial Listing
Mar 16, 2011
$159,000
Public Record
Mar 25, 1994
$90,000
Public Record