754 W Belmont Street, Ontario, California 91762, Ontario, - bed, bath
ACTIVE$1,990,000
754 W Belmont Street, Ontario, California 91762
3Beds
2Baths
1,344Sqft
39,335Lot
Year Built
1922
Close
-
List price
$1.99M
Original List price
$1.99M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
CV25164565
Home ConditionPoor
Features
Good View: City Lights, Neighborhood
ViewCity Lights,Neighborhood
About this home
Location, Location, Location South of Ontario, Residential home with 3 Bedrooms one bath, wood floors, open view to the kitchen, central heat and air, three car garages, also have in additional room converted into a living space with a bathroom, wall heater and water heather. Large from yard and huge back yard for building purposes according to the city planning department the property is zoned for up to 10 units. Great future for investor, hurry please it wont last.
Price History
Date
Event
Price
07/23/25
$1,990,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (109 Listings) | |
|---|---|---|---|
| Beds | 3 | 4 | 40% |
| Baths | 2 | 3 | 48% |
| Square foot | 1,344 | 1,811 | 26% |
| Lot Size | 39,335 | 7,200 | 96% |
| Price | $1.99M | $777K | 99% |
| Price per square foot | $1,481 | $419 | 99% |
| Built year | 1922 | 9880989 | 2% |
| HOA | |||
| Days on market | 105 | 159 | 18% |
Condition Rating
Poor
The property was built in 1922, making it over 100 years old. While the listing mentions 'central heat and air' and 'wood floors,' there are no interior images to assess the condition, style, or features of the kitchen, bathrooms, or other critical areas. For a home of this age without visible evidence of extensive recent renovations, it is highly probable that the kitchen, bathrooms, electrical, and plumbing systems are significantly outdated, require substantial repairs, and do not meet current quality standards. The description's emphasis on the land's redevelopment potential ('zoned for up to 10 units') further suggests that the existing structure is not considered a primary asset and likely requires substantial rehabilitation or demolition.
Pros & Cons
Pros
Exceptional Development Potential: Zoned for up to 10 units, this property offers significant investment and development opportunities, leveraging its large lot size.
Expansive Lot Size: A substantial 39,335 sqft lot provides ample space for multi-unit development or extensive landscaping and outdoor amenities.
Versatile Additional Living Space: Features a converted additional room with a bathroom, ideal for rental income, guest quarters, or a dedicated home office.
Three-Car Garage: Offers generous parking, storage, or potential for future conversion into an Accessory Dwelling Unit (ADU), subject to local regulations.
Comfort Amenities: Equipped with central heating and air conditioning, ensuring year-round comfort for residents.
Cons
Advanced Age of Main Residence: Built in 1922, the primary home likely requires substantial modernization, system upgrades, and potential deferred maintenance to meet current living standards.
High Price Point for Existing Structure: The $1.99 million list price is primarily driven by the land's development potential, making it a premium for the existing 1,344 sqft single-family home and potentially narrowing the buyer pool.
Limited Main House Bathroom: The original 3-bedroom residence contains only one bathroom, which may be insufficient for a family and could necessitate future renovation to enhance functionality.