1014 E Nocta Street, Ontario, California 91764, Ontario, - bed, bath

home-pic
ACTIVE$1,199,000
1014 E Nocta Street, Ontario, California 91764
0Bed
0Bath
1Sqft
29,432Lot
Year Built
1925
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
CV25009770
Home ConditionFair
Features
Good View:
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About this home

Investor and Business owners great opportunity in the city of Ontario,Mixed use properties Features 1 Remodeled unit with 3 bedrooms and 2 bathrooms with 1 car garage , 2nd Unit feautures 2 Bedrooms and 1 Bathroom , 3rd Unit feature office for business with a large storage plenty of land for all on owners needs to store tools, and much more.

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (9 Listings)
Beds00
Baths00
Square foot11,994
10%
Lot Size29,4327,020
90%
Price$1.2M$818K
80%
Price per square foot$1.2M$405.5
90%
Built year19259770977
10%
HOA
Days on market294220
90%
Condition Rating
Fair

The property was built in 1925. The description mentions one remodeled unit, but the images show outdated interiors in other areas. The kitchen and bathrooms are not visible in the provided images, but the general interior appearance suggests that updates are needed. The property appears to be maintained but aged, fitting the 'fair' condition criteria.
Pros & Cons

Pros

Mixed-Use Property: The property offers a unique opportunity for both residential and commercial use, appealing to investors and business owners.
Multiple Units: Features three units: a remodeled 3-bedroom, 2-bathroom unit, a 2-bedroom, 1-bathroom unit, and an office space, providing diverse income streams.
Large Lot Size: The expansive 29,432 sqft lot offers ample space for storage, expansion, or other business-related activities.
Remodeled Unit: One unit has been remodeled, potentially commanding higher rent and reducing immediate renovation costs.
Garage and Storage: Includes a 1-car garage and large storage space, adding value for tenants or business operations.

Cons

Age of Property: Built in 1925, the property may require ongoing maintenance and potential upgrades due to its age.
Limited Parking: Only a 1-car garage is mentioned, which may be insufficient for multiple tenants or business needs, potentially limiting appeal.
Unknown Condition of Units: While one unit is remodeled, the condition of the other two units (2-bedroom and office) is not specified, potentially requiring further investment.

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