1829 E Elm Street, Ontario, California 91761, Ontario, - bed, bath

home-pic
ACTIVE$899,888
1829 E Elm Street, Ontario, California 91761
3Beds
2Baths
1,747Sqft
23,305Lot
Year Built
1959
Close
-
List price
$900K
Original List price
$900K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IV25036486
Home ConditionPoor
Features
Patio
View-

About this home

Opportunities Like This Don’t Come Often! Welcome to this one-of-a-kind property located in a prime Ontario location! Whether you're a large family, business owner, work from home, this expansive lot offers endless possibilities for growth, development, and personal enjoyment. Situated just minutes from I-10, I-15, SR-60, and Ontario International Airport, this location provides easy access to all the amenities and major transportation routes you need. This unique property features three distinct structures, making it ideal for a variety of purposes. The main House is a charming 3-bedroom, 2-bathroom residence with a spacious bonus room that can be used as additional living space. This home offers a cozy and functional layout perfect for families or anyone looking for living in a great location. The second structure is a versatile studio, perfect for a home-based work, an office space for professionals, or even as a cozy granny flat or rental unit. This space provides excellent potential for extra income or as a private retreat for family members. It’s a gem for those who need a dedicated work area without compromising the comforts of home. The third structure is a large barn that can be transformed into a variety of things. Whether you’re looking for a workshop, storage space, or a place to host large events, this barn offers ample room to bring your ideas to life. The possibilities are only limited by your imagination! The enormous lot continues to offer more than enough space for all your needs. Whether you're looking to park your RV, store vehicles, or house equipment, there’s plenty of secure storage space. The vast backyard is perfect for personal use, with room for gardens, outdoor entertainment. Two large trees in the back yard provide ample shade, making this the perfect spot to relax or work while enjoying the outdoors. Whether it’s a summer BBQ, outdoor office space, or a peaceful retreat from the world, the space is designed to suit all kinds of lifestyles. The prime location, versatile layout, and endless opportunities make this property an incredible investment. It’s perfect for a growing family, those in need of multi-generational living spaces, business owners looking for an office or rental potential, or anyone who needs ample room for work, play, and storage. Don't miss out on this rare opportunity. With its unique features and incredible potential, this property is a dream come true for the right buyer!

Price History

Date
Event
Price
02/24/25
Listing
$899,888
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (178 Listings)
Beds34
41%
Baths23
41%
Square foot1,7471,772
49%
Lot Size23,3055,700
99%
Price$900K$754K
89%
Price per square foot$515$412
78%
Built year19591988
7%
HOA
Days on market253173
87%
Condition Rating
Poor

Built in 1959, this property is significantly outdated and requires substantial rehabilitation. The kitchen features original, very dated wood cabinets, a commercial-style drop ceiling with fluorescent lighting, and appears to be missing a sink and main refrigerator, indicating a need for a full gut renovation. Bathrooms are also severely outdated with old fixtures and finishes. Flooring throughout the main house is worn hardwood or dated tile, and the secondary structures are very basic and unfinished. The property is not move-in ready and requires extensive updates to meet modern living standards.
Pros & Cons

Pros

Exceptional Versatility & Multi-Use Potential: The property features three distinct structures (main house, versatile studio, large barn), offering diverse possibilities for multi-generational living, home-based businesses, rental income, or creative development.
Expansive Lot Size: An enormous 23,305 sqft lot provides ample space for RV/vehicle storage, outdoor entertainment, gardening, and potential future expansion, catering to various lifestyle needs.
Prime & Accessible Location: Strategically located minutes from major freeways (I-10, I-15, SR-60) and Ontario International Airport, ensuring excellent connectivity and convenience for commuters and travelers.
Significant Income & Development Potential: The versatile studio offers potential for extra income as a rental unit or a dedicated office, while the large barn can be transformed into a workshop, storage, or event space, enhancing the property's value.
Unique Property Offering: Described as 'one-of-a-kind,' this property stands out with its combination of multiple structures and a large lot, appealing to a niche market seeking flexibility, space, and investment opportunities.

Cons

Age of Property & Potential for Updates: Built in 1959, the main house and structures may require significant updates or renovations to meet modern aesthetic and functional standards, potentially incurring additional costs for the buyer.
Lack of Detailed Interior Information: The description focuses heavily on the exterior and potential uses, with limited details on the current condition or specific features/upgrades of the main house's interior (e.g., kitchen, bathrooms, HVAC systems).
Maintenance Demands of Large Lot: While a strength, the expansive lot size will necessitate ongoing landscaping and property maintenance, which could be a significant commitment of time and resources for some buyers.

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