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

1147 W D Street, Ontario, California 91762 home-pic-0
ACTIVE$1,130,000
1147 W D Street, Ontario, California 91762
0Bed
0Bath
3,621Sqft
8,190Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Strategic Location & Connectivity: The property boasts a strategic location with quick access to major freeways (60 and 10), proximity to Ontario International Airport (ONT), and nearby public transportation including the Ontario–East Metrolink station, ensuring excellent connectivity for residents.
Top Cons:
Age of Construction: Built in 1964, despite being described as well-maintained, the property's age suggests potential for aging infrastructure (e.g., plumbing, electrical, roof) that may require significant capital expenditures in the future, beyond cosmetic upgrades.

Compared to the nearby listings

Price:$1.13M vs avg $1.13M (+$0)50%
Size:3,621 sqft vs avg 3,621 sqft50%
Price/sqft:$312 vs avg $23867%

More Insights

Built in 1964 (61 years old).
Condition: Despite being built in 1964, the property has undergone significant and relatively recent interior renovations, likely within the last 5-15 years. The kitchens feature modern white shaker cabinets, dark countertops, subway tile backsplashes, stainless steel appliances, and recessed lighting. Bathrooms are also updated with modern vanities, sinks, and subway tile surrounds. Flooring includes modern laminate/vinyl plank, clean carpeting, and tile. Windows appear to be newer vinyl. While the property utilizes wall AC/heating units instead of central HVAC, they are described as efficient. The overall condition of the units is move-in ready with a modern aesthetic, aligning with the 'Good' category for properties extensively renovated within the last 5 to 15 years.
Year Built
1964
Close
-
List price
$1.13M
Original List price
$1.13M
Price/Sqft
$312
HOA
-
Days on market
-
Sold On
-
MLS number
CV25194518
Home ConditionGood
Features
Good View:
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.

Condition Rating
Good

Despite being built in 1964, the property has undergone significant and relatively recent interior renovations, likely within the last 5-15 years. The kitchens feature modern white shaker cabinets, dark countertops, subway tile backsplashes, stainless steel appliances, and recessed lighting. Bathrooms are also updated with modern vanities, sinks, and subway tile surrounds. Flooring includes modern laminate/vinyl plank, clean carpeting, and tile. Windows appear to be newer vinyl. While the property utilizes wall AC/heating units instead of central HVAC, they are described as efficient. The overall condition of the units is move-in ready with a modern aesthetic, aligning with the 'Good' category for properties extensively renovated within the last 5 to 15 years.
Pros & Cons

Pros

Strategic Location & Connectivity: The property boasts a strategic location with quick access to major freeways (60 and 10), proximity to Ontario International Airport (ONT), and nearby public transportation including the Ontario–East Metrolink station, ensuring excellent connectivity for residents.
Desirable Unit Mix & Size: Featuring a 100% 2-bedroom unit mix, with units averaging over 900 SF, the property caters to a highly sought-after renter demographic, indicating strong rental demand and comfortable living spaces.
Modern Amenities & Upgrades: Units include modern upgrades, fully equipped kitchens, efficient wall AC/heating units, private entrances, mature landscaping, communal laundry facilities, and on-site parking, enhancing tenant appeal and convenience.
Robust Investment Opportunity: Situated in the thriving Inland Empire market with a robust and growing workforce, this 'turn-key' fourplex represents a valuable long-term investment with exceptional stability and enduring value, suitable for various investor profiles.
Proximity to Essential Services: The central location offers close proximity to a wealth of services, including Ontario Regional Medical Center, Ontario Mills shopping center, and diverse dining and entertainment options, adding significant value for residents.

Cons

Age of Construction: Built in 1964, despite being described as well-maintained, the property's age suggests potential for aging infrastructure (e.g., plumbing, electrical, roof) that may require significant capital expenditures in the future, beyond cosmetic upgrades.
Communal Laundry Facilities: The presence of communal laundry facilities, rather than in-unit laundry, may be less attractive to some prospective tenants and could require more management oversight compared to properties offering individual laundry hookups.
Limited Unit Mix Diversity: The property's unit mix consists solely of 2-bedroom apartments. While currently desirable, a lack of diversity (e.g., 1-bedroom or 3-bedroom units) might limit the potential tenant pool or adaptability to future shifts in market demand.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state