$2,100,000

Estimated payment $12,696/month

Total Views 3,898
17 Beds
5 Baths
10,305 Sq Ft
$204 Price per Sq Ft

Highlights

  • Gated with Attendant
  • No HOA
  • Wrought Iron Fence
  • 0.68 Acre Lot
  • Patio
  • Concrete Flooring

About This Home

Rare Redevelopment Opportunity in Prime Ontario Location – 10,035 SF Building on 0.68 Acres sale with Approved Fourplex Conversion Plan Near Ontario Airport

A unique investment opportunity awaits with this expansive 10,035 square foot property situated on a generous 0.68 acre lot in the heart of Ontario, California. Originally built as a private educational facility, this structure is currently undergoing a strategic redevelopment to transform it into a fully approved fourplex residential complex which is perfectly suited for multi-generational living, institutional leasing, or income generating rentals.
The city-approved architectural plans reimagine the existing footprint into four fully independent residential units, each with its own private entry, kitchen, and laundry. Interior demolition has already been completed, and the project is ready for final permitting and construction.
Unit A: 481 SF with 1 bed, 1 bath, kitchen, living room, laundry
Unit B: 7,516 SF with 8 beds, 7 baths + powder room, dual kitchens, large dining, multiple living spaces, 3 master suites
Unit C: 865 SF with 1 bed, 2 baths, office, kitchen, living room
Unit D: 1,090 SF with 1 bed, 2 baths, office, kitchen, living room
Each unit will have separate electrical and water meters. The property also features a 240 SF detached garage, redesigned landscaping, and ample yard space with future expansion potential.
Prime location just minutes from Ontario International Airport, major freeways (I-10, I-15, 60), and key business corridors. This property offers incredible flexibility for residential rental, group housing, assisted living, foster care, or community services.
Zoned for high utility and long-term upside, this project is ideal for developers, institutional investors, or owner-operators seeking scalable residential or care-facility potential in a thriving Inland Empire location.

Listing Agent

YUMING BAI

TopSky Realty Inc Brokerage Phone: 951-387-9081 License #01486321 Listed on: 06/23/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,049

Year Built

  • Built in 1969

Lot Details

  • 0.68 Acre Lot
  • Wrought Iron Fence
  • Block Wall Fence
  • Fence is in good condition
  • Density is 2-5 Units/Acre
  • Property is zoned LDR-5

Home Design

  • Additions or Alterations
  • Slab Foundation
  • Fire Rated Drywall
  • Asbestos Shingle Roof
  • Stucco

Interior Spaces

  • 10,305 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring

Bedrooms and Bathrooms

  • 17 Main Level Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Gated with Attendant

Listing and Financial Details

  • Assessor Parcel Number 1049451210000
  • Tax Block 196
  • $1,279 per year additional tax assessments
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,049

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: 951-3879081
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Gated with Attendant
  • View: No
  • Zoning: LDR-5
  • Property Condition: Additions/Alterations
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 1049451210000
  • Year Built: 1969
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 10305.00 Square Feet
  • Stories: 1
  • Entry Location: East
  • Common Walls: No Common Walls
  • Flooring: Concrete
  • Appliances: No
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 17
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 17
  • Price Per Square Foot: 203.78
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block, Good Condition, Wrought Iron
  • Pool Private: No
  • Roof: Asbestos Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: No
  • Electric: Standard
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Chaffey Joint Union High

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 29732.00
  • Lot Size Acres: 0.6826
  • Latitude Manual: 34.05344900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 29732.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 196
  • TaxOtherAnnualAssessmentAmount: 1279.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,049 $1,404,540 $468,180 $936,360
2024 $15,049 $1,377,000 $459,000 $918,000
2023 $8,849 $816,000 $402,900 $413,100
2022 $3,779 $345,042 $16,089 $328,953
2021 $3,756 $338,277 $15,774 $322,503
2020 $3,690 $334,808 $15,612 $319,196
2019 $385 $328,243 $15,306 $312,937
2018 $3,608 $321,807 $15,006 $306,801
2017 $21 $315,497 $14,712 $300,785
2016 $3,341 $309,311 $14,424 $294,887
2015 $3,319 $304,665 $14,207 $290,458
2014 $3,216 $298,697 $13,929 $284,768
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $2,100,000 +55.6% $204 / Sq Ft
06/09/2023 06/09/23 Sold $1,350,000 -9.9% $135 / Sq Ft
04/09/2023 04/09/23 For Sale $1,499,000 -- $150 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,350,000 Provident Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $600,000 Commercial
Previous Owner $300,000 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV25133188

California Regional Multiple Listing Service (CRMLS)

APN: 1049-451-21