1147 W D Street, Ontario, California 91762, Ontario, - bed, bath

home-pic
ACTIVE$1,130,000
1147 W D Street, Ontario, California 91762
0Bed
0Bath
3,621Sqft
8,190Lot
Year Built
1964
Close
-
List price
$1.13M
Original List price
$1.13M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
CV25194518
Home ConditionGood
Features
Good View:
Deck
Patio
View-

About this home

We are proud to present a rare opportunity to acquire a well-maintained fourplex at 1147 W D Street in Ontario, CA. This exceptional offering is strategically located just minutes from major transportation arteries, positioning it to capitalize on the thriving Inland Empire market. The property spans across a spacious ±8,190-square-foot lot and offers ±3,621 SF of rentable space. The property offers a desirable unit mix on 100% 2-Bedroom apartments that is highly sought after by today’s renters. The units average over 900 SF and boast modern upgrades and fixtures, fully equipped kitchens, and efficient wall AC/heating units. The property also offers mature landscaping, private entrances, communal laundry facilities, and on-site parking, ensuring convenience and privacy for all residents. 1147 W D Street is ideally situated for easy commuting and access to local amenities. Residents enjoy quick access to major freeways, including the 60 and 10, which provide connectivity throughout the Inland Empire and beyond. The property is also conveniently located just a short distance from the Ontario International Airport (ONT), a significant regional hub for travel and employment. Public transportation options are readily available, with the Ontario–East Metrolink station nearby for regional train travel on the Riverside Line. This central location places it within close proximity to a wealth of services, including Ontario Regional Medical Center, Ontario Mills shopping center, and a diverse array of dining and entertainment options. This prime location benefits from the robust and growing workforce of the Inland Empire, creating a strong and stable demand for quality rental housing. This property represents a valuable long-term investment or an ideal owner-user opportunity. Whether you’re a first-time investor, a seasoned professional looking to expand your portfolio, or considering a 1031 Exchange, this turn-key asset offers exceptional stability and enduring value in one of Southern California’s most dynamic markets. Don’t miss your chance to acquire this high-demand property.

Price History

Date
Event
Price
08/28/25
Listing
$1,130,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (2 Listings)
Beds00
Baths00
Square foot3,6213,621
50%
Lot Size8,1908,190
50%
Price$1.13M$1.04M
67%
Price per square foot$312$233
67%
Built year19641964
50%
HOA
Days on market69119
33%
Condition Rating
Good

The property, built in 1964, features extensively renovated interiors, particularly in the kitchens and bathrooms. The kitchens boast modern white shaker-style cabinets, granite/solid surface countertops, subway tile backsplashes, stainless steel appliances (range, microwave, dishwasher, refrigerator), and recessed lighting. Bathrooms are similarly updated with modern vanities, tiled showers, and contemporary fixtures. Flooring throughout the units is a mix of wood laminate/LVP and carpet, all appearing clean and well-maintained. The description mentions 'efficient wall AC/heating units,' which are visible in images and provide modern climate control for individual units. While the building's exterior and underlying structure are older, the significant and recent interior upgrades make the units move-in ready with no immediate renovation required, aligning well with the 'Good' condition criteria for properties extensively renovated within the last 5-15 years.
Pros & Cons

Pros

Strategic Location & Accessibility: Positioned near major freeways (60, 10), Ontario International Airport, Metrolink station, and key amenities like Ontario Mills and medical centers, ensuring high tenant demand and easy commuting.
Strong Investment Potential: A well-maintained, turn-key fourplex in a high-demand market, suitable for various investors including 1031 exchanges, offering long-term stability and value.
Desirable Unit Configuration & Modern Comforts: Features a highly sought-after 100% 2-bedroom unit mix with spacious layouts (over 900 SF), modern upgrades, fully equipped kitchens, and efficient wall AC/heating units.
Tenant-Centric On-Site Amenities: Provides residents with convenient amenities such as mature landscaping, private entrances, communal laundry facilities, and ample on-site parking.
Robust Rental Market Demand: Located in the thriving Inland Empire, benefiting from a growing workforce and stable demand for quality rental housing, ensuring consistent occupancy.

Cons

Property Age: Built in 1964, the property's age, despite modern interior upgrades, may suggest potential for older infrastructure systems (e.g., plumbing, electrical) that could require future capital expenditures.
Communal Laundry Only: The absence of in-unit laundry facilities, relying solely on communal options, might be a minor deterrent for some prospective tenants seeking higher convenience.
Limited Private Outdoor Space: While mature landscaping is present, the description does not indicate private patios or balconies for individual units, which could be a drawback for tenants desiring personal outdoor areas.

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