1420 S Euclid Avenue A & B, Ontario, California 91762, Ontario, - bed, bath

home-pic
ACTIVE$1,500,000
1420 S Euclid Avenue A & B, Ontario, California 91762
0Bed
0Bath
3,980Sqft
8,940Lot
Year Built
2016
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25115393
Home ConditionExcellent
Features
Good View:
Patio
View-

About this home

Exceptional Investment Opportunity – Two Single Family Residences (Detached Condominiums) on One Lot! This unique property offers two detached condominiums situated on a generous 8,940 sq ft lot. Unit A (Front) features 3 bedrooms (all upstairs) and 2.5 bathrooms. It has been occupied by a reliable long-term tenant since 2017, providing consistent rental income. Unit B (Rear) offers 4 bedrooms (including one downstairs) and 3 bathrooms. It is currently vacant and recently remodeled, boasting fresh interior paint and wood-style vinyl flooring throughout. Perfect for investors or owner-occupants looking to live in one unit and rent out the other. The property is conveniently located with easy access to the 60 Freeway, Ontario International Airport, Ontario Mills, and other key destinations. Unit B is also available for lease with an option to purchase both units — see MLS# OC25015465 for details.

Price History

Date
Event
Price
05/23/25
Listing
$1,500,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (109 Listings)
Beds04
Baths03
Square foot3,9801,842
96%
Lot Size8,9407,200
79%
Price$1.5M$777K
99%
Price per square foot$377$417
41%
Built year20169885989
70%
HOA
Days on market166160
55%
Condition Rating
Excellent

The property was built in 2016, making it only 8 years old, which falls within the 'built within 10 years' criteria for an excellent rating. Unit B has been recently remodeled with fresh interior paint and wood-style vinyl flooring throughout. The images confirm modern kitchens featuring white shaker cabinets, stainless steel appliances, and contemporary bathrooms with updated vanities and tiling. All components appear new or virtually new, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Dual Income & Owner-Occupant Potential: The property offers two detached residences, providing an exceptional investment opportunity for consistent rental income from Unit A and the flexibility for an owner to live in Unit B or rent both.
Two Detached Residences: Unique offering of two separate, detached condominiums on a single lot, providing enhanced privacy and distinct living spaces compared to traditional multi-family units.
Newer Construction: Built in 2016, the property benefits from modern construction standards, potentially leading to lower maintenance costs and contemporary design elements.
Recently Remodeled Unit B: Unit B has been recently remodeled with fresh interior paint and wood-style vinyl flooring, making it move-in ready for an owner-occupant or immediately attractive to new tenants.
Strategic Location: Conveniently located with easy access to the 60 Freeway, Ontario International Airport, and major retail centers like Ontario Mills, enhancing its appeal for residents and potential renters.

Cons

Potential HOA Fees & Regulations: Described as 'detached condominiums,' this implies the existence of an HOA with associated monthly fees and potential rules/regulations, which are not detailed in the listing.
Unknown Condition of Unit A: Unit A has been tenant-occupied since 2017, and its current interior condition or potential need for updates is not specified, which could lead to unforeseen capital expenditures for a new owner.
Vacancy of Unit B: While recently remodeled, Unit B is currently vacant, meaning the buyer will incur immediate carrying costs without rental income from that unit until a new tenant is secured.

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