718 E Maitland Street, Ontario, California 91761, Ontario, 91761 - 17 bed, 5 bath

718 E Maitland Street, Ontario, California 91761 home-pic-0

718 E Maitland Street

Ontario, California 91761

ACTIVE
CONDITION: POOR
17Beds
5Baths
10,305Sq Ft
29,732Lot Size

Property Price

LIST PRICE$2,100,000

SUMMARY

Analysis of 718 E Maitland Street, Ontario, California 91761 is currently available with a list price of $2,100,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.

Condition Analysis

OVERALL CONDITION SCORE

Poor
TeardownExcellent

Property is extensive renovation needed.

The property, built in 1969, is currently undergoing redevelopment. The description explicitly states that 'interior demolition has already been completed,' and the images confirm a gutted interior with exposed studs, old and dirty flooring, and stained ceilings. There are no functional kitchens, bathrooms, or living spaces. While the exterior structure is being repurposed, the interior is unlivable and requires a complete build-out, which constitutes substantial rehabilitation. This condition aligns with the 'poor' category, as it is unsafe and uncomfortable to live in its current state and requires extensive work to become habitable.

PROSSTRENGTHS & OPPORTUNITIES

  • Approved Redevelopment Plan

    The property comes with city-approved architectural plans for a fourplex conversion, significantly de-risking the project and saving considerable time for the buyer.

  • Versatile Use & Income Potential

    Designed for multi-generational living, institutional leasing, or income-generating rentals, with explicit suitability for group housing, assisted living, foster care, or community services, offering diverse revenue streams.

  • Prime Location & Connectivity

    Strategically located minutes from Ontario International Airport, major freeways (I-10, I-15, 60), and key business corridors, ensuring high demand and excellent accessibility.

CONSRISKS & DEFICIENCIES

  • Requires Significant Further Investment & Project Management

    The property is not complete; it requires 'final permitting and construction,' meaning substantial additional capital, time, and active project management from the buyer to realize its full potential.

  • Unconventional Unit Configuration

    The exceptionally large Unit B (7,516 SF with 8 beds and 7+ baths) within a fourplex setup is unconventional and might limit the pool of potential tenants or specific use cases, or require a very specific type of institutional or multi-generational tenant.

  • Age of Original Structure

    Despite redevelopment plans, the underlying structure dates back to 1969, which could lead to unforeseen issues with existing infrastructure or require more extensive upgrades beyond the current scope of the fourplex conversion.

About 718 E Maitland Street

Rare Redevelopment Opportunity in Prime Ontario Location – 10,035 SF Building on 0.68 Acres sale with Approved Fourplex Conversion Plan Near Ontario Airport A unique investment opportunity awaits with this expansive 10,035 square foot property situated on a generous 0.68 acre lot in the heart of Ontario, California. Originally built as a private educational facility, this structure is currently undergoing a strategic redevelopment to transform it into a fully approved fourplex residential complex which is perfectly suited for multi-generational living, institutional leasing, or income generating rentals. The city-approved architectural plans reimagine the existing footprint into four fully independent residential units, each with its own private entry, kitchen, and laundry. Interior demolition has already been completed, and the project is ready for final permitting and construction. Unit A: 481 SF with 1 bed, 1 bath, kitchen, living room, laundry Unit B: 7,516 SF with 8 beds, 7 baths + powder room, dual kitchens, large dining, multiple living spaces, 3 master suites Unit C: 865 SF with 1 bed, 2 baths, office, kitchen, living room Unit D: 1,090 SF with 1 bed, 2 baths, office, kitchen, living room Each unit will have separate electrical and water meters. The property also features a 240 SF detached garage, redesigned landscaping, and ample yard space with future expansion potential. Prime location just minutes from Ontario International Airport, major freeways (I-10, I-15, 60), and key business corridors. This property offers incredible flexibility for residential rental, group housing, assisted living, foster care, or community services. Zoned for high utility and long-term upside, this project is ideal for developers, institutional investors, or owner-operators seeking scalable residential or care-facility potential in a thriving Inland Empire location.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1969
Lot Size
29,732 Sq. Ft.

Interior

Total Bedrooms
17
Total Bathrooms
5 (5 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds17.04.0
99%
Baths5.03.0
99%
Square foot10,3051,870
99%
Lot Size29,7325,390
99%
Price$2.10M$760.0K
99%
Price per sq ft$204$399
1%
Built year19691989
9%
HOA$0$79
45%
Days on market257186
82%

Pricing History

No pricing history data available.

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