720 N Alameda Avenue, Ontario, California 91764, Ontario, 91764 - 3 bed, 2 bath
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720 N Alameda Avenue
Ontario, California 91764
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,512Sq Ft
6,060Lot Size
Property Price
LIST PRICE$775,000
EST. MARKET VALUE
$670,632
15% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $775,000—positioned well above the $670,633 Fair Market Value by 15%. While the property requires modernization, its Fair Condition Rating and 1,512-square-foot layout provide a solid foundation for value-add renovations. The expansive 6,060-square-foot lot offers significant potential for customization in an established Ontario neighborhood. This asset is best suited for Buy-and-Hold Investors or Owner-Occupants looking to build equity through strategic updates and personalization in a prime, transit-accessible location.
Estimated Market Value
$670,632
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 |
|---|---|---|---|---|---|---|
★ 720 N Alameda Avenue Subject | $775,000* List Price | 3 | 2 | 1,512 | $444 | - |
A 617 N Del Norte Sold | $660,000 | 3 | 2 | 1,248 | $529 | 0.2 mi |
B 821 N Alameda Sold | $600,000 | 3 | 2 | 1,154 | $520 | 0.2 mi |
C 647 E Granada Court Sold | $550,000 | 3 | 2 | 1,336 | $412 | 0.8 mi |
D 741 E Granada Court Sold | $670,000 | 3 | 2 | 1,550 | $432 | 0.7 mi |
E 1126 E E Street Sold | $595,000 | 3 | 2 | 1,137 | $523 | 0.3 mi |
F 709 E J Street Sold | $665,000 | 4 | 2 | 1,402 | $474 | 0.8 mi |
G 1717 E Princeton Sold | $580,000 | 3 | 2 | 1,301 | $446 | 0.9 mi |
H 1021 N Orange Avenue Sold | $650,000 | 4 | 2 | 1,524 | $427 | 0.8 mi |
I 828 Virginia Avenue Active | $700,000 List Price | 5 | 3 | 1,858 | $377 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1953, this 71-year-old property is described as an opportunity to update and personalize, suggesting the kitchen and bathrooms are dated. While the exterior appears well-maintained with newer windows, the age and listing remarks indicate it needs modernization and minor repairs to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Conveniently situated near major transportation routes and just minutes from Downtown Ontario, offering easy access to shopping, dining, and local amenities.
- Spacious Single-Story Layout
Featuring approximately 1,512 square feet of living space, the home provides a functional and generous floor plan that is highly sought after for accessibility and comfort.
- Value-Add Potential
The property offers a significant opportunity for buyers or investors to update and personalize the space, allowing for equity growth in an established neighborhood.
CONSRISKS & DEFICIENCIES
- Dated Condition
Built in 1953, the home is described as needing updates and personalization, suggesting that immediate capital investment may be required for modernization.
- Lack of Enclosed Garage
The property features a two-car carport rather than a fully enclosed garage, which may be a drawback for buyers seeking extra security or enclosed storage space.
About 720 N Alameda Avenue
Welcome to 720 N Alameda Avenue—a spacious single-story Ontario home offering approximately 1,512 square feet of living space and plenty of opportunity to make it your own! Featuring 3 bedrooms and 2 bathrooms on an approximately 6,060-square-foot lot, this property offers a functional layout with generous living space both inside and out. This home offers the character of an established Ontario neighborhood along with the opportunity for a new owner to update, personalize, and create a space that fits their vision. The property also features a two-car carport and a sizable lot with room to enjoy the outdoors, entertain, garden, or explore additional possibilities, subject to city requirements and buyer verification. Conveniently near major transportation routes and just minutes from Downtown Ontario, shopping, dining, entertainment, and other local amenities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 6,060 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 3.7 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,512 | 1,780.319 |
| Lot Size | 6,060 | 7,032.331 |
| Price | $775.0K | $742.2K |
| Price per sq ft | $513 | $433 |
| Built year | 1953 | 1979 |
| HOA | $0 | $167 |
| Days on market | 28 | 54 |
Pricing History
Listed for Sale
Aug 12, 2026
$775,000
Initial Listing