
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 3 bd · 2 ba · 1,460 sqft · $401 | $625,000* List Price | 3 | 2 | 1,460 | $401 | - |
A 1330 S Fern Sold 4 bd · 2 ba · 1,554 sqft · $438 · 0.4 mi | $680,000 | 4 | 2 | 1,554 | $438 | 0.4 mi |
B 1311 Bonita Place Sold 3 bd · 2 ba · 1,387 sqft · $489 · 0.3 mi | $678,000 | 3 | 2 | 1,387 | $489 | 0.3 mi |
C 1342 Bonita Active 3 bd · 2 ba · 1,254 sqft · $510 · 0.4 mi | $640,000 List Price | 3 | 2 | 1,254 | $510 | 0.4 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.
Welcome to this charming 3-bedroom, 2-bath home offering character, comfort, and endless possibilities to make it your own! With solid bones and a functional floor plan, this home provides a wonderful opportunity to add your personal touches. The open kitchen flows naturally into the family room, creating an inviting space for everyday living and entertaining. Additional storage just beyond the kitchen adds convenience and functionality. The generously sized primary suite offers plenty of room to relax, while the spacious second bedroom features a walk-in closet. The third bedroom is conveniently located with easy access to the main living areas. An outdoor laundry room, accessible from the backyard and covered walkway, adds to the home's practical layout. Step outside and discover a peaceful retreat! The flat, private backyard is shaded by mature fruit trees, including productive lemon trees, creating a wonderful setting for gardening, entertaining, or simply enjoying the outdoors. Two storage sheds and an additional detached structure provide plenty of flexibility for storage, hobbies, or projects. A covered carport comfortably accommodates two vehicles. Some of the big-ticket improvements have already been taken care of! The roof is approximately three years old, sewer line work has been completed, and the solar system will be paid off at closing, providing added value and peace of mind. Whether you're purchasing your first home, looking to downsize, or searching for a property with potential, this home offers a wonderful combination of charm, functionality, and opportunity. Bring your vision and make it your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.8 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,460 | 1,839.871 |
| Lot Size | 7,208 | 6,981.862 |
| Price | $625.0K | $743.4K |
| Price per sq ft | $428 | $429 |
| Built year | 1945 | 1979 |
| HOA | $0 | $174 |
| Days on market | 71 | 55 |
Oct 17, 2026
$625,000
$665,000
-6% Price Drop
Initial Listing
Aug 14, 2026
$665,000
Initial Listing
Nov 1, 2019
$390,000
Public Record