Listed by Amy Alvarez•DRE #01216079• SoCal Realty Group
Contact: 909-821-5590
For sale
$980,000
Est. $6,782/mo —
21
bd
•
— ba
•
3,000
sq ft
1115 W Ralston, Ontario, CA 91762
About this home
AMAZING OPPORTUNITY TO OWN THREE UNITS IN AN EXCELLENT RENTAL AREA, CLOSE TO SHOPPING THE 60 FWY FOR COMMUTING AND SCHOOLS. SUPER COOL FLOOR PLAN WITH ONE THREE BEDROOM DOWNSTAIRS WITH A TWO CAR GARAGE AND TWO TWO BEDROOM UNITS UPSTAIRS EACH WITH A ONE CAR GARAGE. LONG TERM TENANTS WOULD LOVE TO STAY . TWO HAVE LIVED AT THE PROPERTY FOR OVER 20 YEARS. GREAT STREET VERY QUIET. CURRENT RENTS ARE SUPER LOW DUE TO LONG TERM. CURRENTS RENTS SHOULD BE AROUND $7500 A MONTH WITH RENOVATIONS COMPLETED
Central Ontario, located between Euclid Avenue and Interstate 10, is a historic and civic Ontario neighborhood with a palm-lined boulevard and a classic downtown grid. The neighborhood’s character concentrates around Euclid Avenue at Holt Boulevard, where storefront signs, taquerias, and long-running service counters keep the sidewalks active. Early-20th-century bungalows and Spanish Revival facades mix with midcentury apartments and small-lot infill. The Ontario Museum of History & Art and the Granada Theatre anchor local culture with rotating exhibits and live programming. Grassy pauses at Ontario Town Square and nearby parks frame a walkable, errands-first rhythm. Metrolink and Omnitrans connections at the transit center tie the district to the wider Inland Empire.
Provided by Walk Score and Local Logic
Market insights
1115 W Ralston · $980,000
DAYS ON MARKET
35 days
The average home goes pending in 48 days.
SALE-TO-LIST
98.0%
Most homes are selling 2% below list price.
LIST PRICE
$980,000
Median list price in this area is $709,189. (28% lower than this home)
PRICE DROP
0 price drops
15% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Two levels
Main entry on the first level
Bedrooms
Total of 7 bedrooms (combined across units)
Laundry & utility
Laundry located in the garage
Has laundry
Exterior features
No pool
Curbs
Home design
Attached property
2 stories
No accessory dwelling unit reported
Parking
Attached garage with 4 garage spaces
4 total parking spaces
Construction
Year built source: Assessor
One common wall
Two buildings on the parcel
Utilities
Public sewer
District/Public water
Three separate water meters
Three separate gas meters
Three separate electric meters
Financial info
Total building area reported as 3,000
Total of 3 residential units
Gross scheduled income reported as $5,000
Gross income reported as $60,000
Net operating income reported as $5,000
Actual/total rent for referenced unit: $5,000
Total expenses reported as $3,600 (insurance $3,000; water/sewer $300; trash $300)
Other
Lot characterized as 2–5 units per acre
Lot size source: Other
Elevation units in feet
Directions: Mountain/60 freeway
Electricity and solar
View estimated energy costs and solar savings for this home
Construct a common block wall between two properties with associated returns.
Grading
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Local insights from Redfin agents
Ontario is known for its convenient location, major shopping and entertainment, and easy access to Southern California travel. Local highlights include Ontario Mills, Toyota Arena, the Ontario Convention Center, Downtown Ontario, and Ontario...