627 E Ralston Street, Ontario, California 91761, Ontario, 91761 - 0 bed, 0 bath
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Ontario, California 91761
This Dual-Income Residential Asset is a High-Potential Investment Opportunity listed at $899,000, positioned well below the $902,603 Fair Market Value by 0.4%. This valuation gap provides $3,603 in Instant Equity. The property features a 4-bedroom primary home and a modern 2021 ADU, both fully rented for immediate cash flow. Despite a Fair Condition Rating, the asset includes a newer roof and private patio with views. Located in the Chaffey Joint Union High District, this is ideal for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 627 E Ralston Street Subject | $899,000* List Price | 0 | 0 | 2,413 | $374 | - |
A 720 S Sultana Sold | $665,000 | 5 | 2 | 1,614 | $412 | 0.3 mi |
B 1343 S Sultana Avenue Active | $750,000 List Price | 0 | 0 | 1,560 | $481 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property features a split condition: a primary residence built in 1955 and a modern ADU built in 2021. While the ADU is in excellent condition, the main 4-bedroom house is over 60 years old; despite a newer roof, there is no evidence of recent interior renovations to kitchens, baths, or major systems, placing the overall asset in the 'Fair' category as a functional but dated investment.
The property features two separate, fully rented homes, providing immediate cash flow and making it an ideal opportunity for investors or multi-generational living.
The back unit was recently constructed in 2021, offering modern construction standards, contemporary finishes, and lower immediate maintenance requirements.
The front residence includes a newer roof installed approximately two years ago, offering significant value and reducing near-term capital expenditure for the buyer.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2413, other record living area = 2039.
With the main house dating back to 1955, the property may require ongoing maintenance or modernization of older systems not addressed by the recent roof replacement.
Accommodating two separate dwellings on a 6,080-square-foot lot may result in limited private outdoor space and potential parking challenges for multiple tenants.
This listing features 2 separate homes in the heart of Ontario,close to shopping centers,transportation and freeways.The front house is a 4 spacious bedrooms 2 bathrooms,formal dining room,spacious living room,laundry room,Newer roof aprox.2 years old.Back unit (ADU) is a 1 bedroom 1 bathroom built in 2021Both homes offer their own unique charm and privacy,All convenietly located.Both properties are being fully rented.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 33% |
| Baths | 0.0 | 2.0 | 33% |
| Square foot | 2,413 | 1,614 | 67% |
| Lot Size | 6,080 | 5,000 | 67% |
| Price | $899.0K | $775.0K | 67% |
| Price per sq ft | $373 | $412 | 33% |
| Built year | 1955 | 1955 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 102 | 33% |
Apr 28, 2026
$899,000
Initial Listing
Jan 23, 2025
$650,000
Public Record
Jun 6, 2019
$350,000
Public Record
Sep 13, 2011
$190,000
Public Record
Dec 22, 2003
$242,000
Public Record