
Ontario, California 91762
This property presents a High-Potential Investment Opportunity with a List Price of $665,000—positioned well above the $615,927 Fair Market Value by 7%. While the property requires significant capital for deferred maintenance, its Fair Condition Rating and expansive 7,208 sqft lot offer substantial upside for forced appreciation. The vintage character and open layout provide a solid foundation for renovation. This is a value-add acquisition ideal for Fix-and-Flip Investors or Contractors seeking to build equity through strategic interior and exterior improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 725 W Ralston Street Subject | $665,000* List Price | 3 | 2 | 1,460 | $422 | - |
A 1330 S Fern Sold | $680,000 | 4 | 2 | 1,554 | $438 | 0.4 mi |
B 604 W Nevada Sold | $615,000 | 3 | 2 | 1,062 | $579 | 0.4 mi |
C 713 W B Active | $650,000 List Price | 3 | 2 | 1,235 | $526 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1945, this property shows significant signs of age and deferred maintenance. The kitchen features dated cabinetry and appliances with visible wear, and interior doors show peeling paint and damage. The listing description explicitly mentions the need for 'sweat equity' and 'polish,' and the presence of a detached structure suitable only for storage suggests structural neglect in secondary areas.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7208, living area = 1460.
Built in 1945, this home offers unique old-world charm and represents a significant opportunity for buyers to build equity through cosmetic updates and personalization.
The 7,208 sqft flat lot provides a private backyard featuring productive lemon trees and multiple storage structures, offering ample space for gardening and outdoor activities.
The property is noted as needing 'polish and sweat equity,' suggesting that immediate investments in repairs and modernization will be necessary for the home to reach its full potential.
The laundry facilities are located in an outdoor room, which may be viewed as a functional drawback compared to modern interior laundry setups.
This 3-bedroom, 2-bath home is full of vintage character and old-world charm, offering a wonderful opportunity to add your own personal touches and build equity. With a little polish and sweat equity, this home has the potential to truly shine. Inside, the open kitchen features gas appliances and flows seamlessly into the family room, creating a welcoming space for everyday living and entertaining. An outdoor laundry room provides added convenience while preserving interior living space. The spacious, flat backyard offers privacy and plenty of room to enjoy the outdoors. You'll find multiple fruit trees, including productive lemon trees, along with two storage sheds and a second detached structure that is ideal for storage only. A covered carport accommodates up to two vehicles, adding both convenience and privacy. Whether you're a first-time buyer, investor, or someone looking for a home with character and potential, this property is a rare opportunity to create something special.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,460 | 1,780.319 |
| Lot Size | 7,208 | 7,032.331 |
| Price | $665.0K | $742.2K |
| Price per sq ft | $455 | $433 |
| Built year | 1945 | 1979 |
| HOA | $0 | $167 |
| Days on market | 26 | 54 |
Aug 14, 2026
$665,000
Initial Listing
Nov 1, 2019
$390,000
Public Record