203 E Grevillea Street, Ontario, California 91761, Ontario, - bed, bath
ACTIVE$809,000
203 E Grevillea Street, Ontario, California 91761
4Beds
1Bath
1,734Sqft
10,620Lot
Year Built
1948
Close
-
List price
$809K
Original List price
$809K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
TR25063339
Home ConditionFair
Features
Patio
View-
About this home
Very beautiful home with a house in the back, you can live in one and rent the other one, main house has 3 bedrooms and 2 bathrooms with 2 attached car garage, the guest house has 1 bed 1 bath, the next door units 211 are also for sale this could be a great opportunity to have 4 houses for a big Family or great income from all off them
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (178 Listings) | |
|---|---|---|---|
| Beds | 4 | 4 | 50% |
| Baths | 1 | 3 | 5% |
| Square foot | 1,734 | 1,772 | 49% |
| Lot Size | 10,620 | 5,700 | 99% |
| Price | $809K | $754K | 68% |
| Price per square foot | $467 | $412 | 68% |
| Built year | 1948 | 1988 | 2% |
| HOA | |||
| Days on market | 227 | 174 | 77% |
Condition Rating
Fair
The property was built in 1948. The kitchen and bathrooms appear to have been updated at some point, but they are not modern or recently renovated. The appliances are older, and the bathroom fixtures and finishes are dated. The overall condition suggests the property has been maintained but is due for further updates.
Pros & Cons
Pros
Income Potential: The property includes a separate guest house, providing immediate rental income opportunities.
Multi-Family Opportunity: The listing mentions the availability of adjacent units, presenting a unique chance to acquire multiple properties for extended family or investment purposes.
Large Lot Size: The property boasts a sizable 10,620 sqft lot, offering ample outdoor space and potential for future expansion or landscaping.
Attached Garage: The main house includes a 2-car attached garage, providing convenient and secure parking.
Desirable Location: Located in Ontario, CA, the property benefits from access to local amenities, schools, and transportation.
Cons
Age of Property: Built in 1948, the property may require updates or renovations to meet modern standards and preferences.
Limited Bathrooms: With only 1 bathroom for the guest house, it might be a constraint for some tenants.
Potential Renovation Costs: Depending on the condition of both the main house and guest house, renovation costs could be significant to maximize rental income or personal enjoyment.