412 S Palm, Ontario, California 91762, Ontario, - bed, bath
ACTIVE$550,000
412 S Palm, Ontario, California 91762
2Beds
1Bath
720Sqft
3,796Lot
Year Built
1924
Close
-
List price
$550K
Original List price
$550K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SW25246541
Home ConditionFair
Features
View-
About this home
Located within minutes of major shopping centers and positioned between the 60 and 10 freeways, this property offers convenient access for daily travel and nearby amenities. It is also near the newly opening Dodger affiliate baseball facility. The main residence features 2 bedrooms and 1 bathroom. In addition, there is a separate rear living space that includes 1 bedroom, 1 bathroom, a kitchen, and a family area. Each living area has its own private entry, providing options for multi-generational living or rental use. This layout is suitable for those seeking to live in one unit and rent the other or for those considering their first income-producing property. The configuration supports flexibility for personal or investment purposes.
Price History
Date
Event
Price
10/24/25
Listing
$550,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (108 Listings) | |
|---|---|---|---|
| Beds | 2 | 4 | 8% |
| Baths | 1 | 3 | 6% |
| Square foot | 720 | 1,800 | 1% |
| Lot Size | 3,796 | 7,200 | 15% |
| Price | $550K | $775K | 4% |
| Price per square foot | $764 | $421 | 99% |
| Built year | 1924 | 1977 | 2% |
| HOA | |||
| Days on market | 13 | 160 | 1% |
Condition Rating
Fair
Built in 1924, this property is very old. While it appears clean and functional with some recent cosmetic updates like paint and laminate flooring, the kitchens and bathrooms are very basic and dated in style, suggesting budget-conscious renovations or updates from 15-30 years ago. The presence of window AC units indicates a lack of central cooling/heating. Major components are functional but show clear signs of being outdated, requiring minor to moderate updates to meet current standards.
Pros & Cons
Pros
Income-Generating Potential: The property features a separate rear living space with its own bedroom, bathroom, kitchen, and private entry, offering excellent potential for rental income or multi-generational living.
Strategic Location & Accessibility: Positioned between the 60 and 10 freeways and minutes from major shopping centers, providing convenient access for daily travel and amenities.
Future Growth Catalyst: Proximity to the newly opening Dodger affiliate baseball facility suggests potential for increased local activity, amenities, and future property value appreciation.
Versatile Investment Opportunity: The dual-unit configuration is ideal for first-time investors or owner-occupants looking to offset mortgage costs by renting out one of the units.
Private Living Arrangements: Each living area boasts its own private entry, enhancing privacy and independence for occupants, whether for rental or multi-generational use.
Cons
Advanced Age of Property: Built in 1924, the property is nearly a century old, which may imply the need for significant updates to major systems (plumbing, electrical, HVAC) and general maintenance.
Limited Living Space: With a total of 720 sqft for two separate living units (3 beds, 2 baths combined), the interior space is exceptionally small and could feel cramped for residents.
Potential Overpricing: The listing price is 5% higher than the estimated property value, suggesting it may be priced aggressively compared to current market assessments.