$849,000
$150K PRICE INCREASE

1571 E Olive St Ontario, CA 91764

Estimated payment $4,910/month

Total Views 7,120
5 Beds
3 Baths
1,994 Sq Ft
$426 Price per Sq Ft

Highlights

  • Contemporary Architecture
  • No HOA
  • Recessed Lighting
  • Quartz Countertops
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

Live-in-one, rent-the-other flexibility meets commuter convenience at 1571 E Olive St, Ontario—a 1954 corner-lot duplex priced at $699K. Unit 1 is a 3 bd / 2 ba locked in at $3,250/mo (Section 8) while Unit 2, a 2 bd / 1 ba at $2,400/mo month-to-month, can be delivered vacant for your house-hack or multigenerational plans. Qualify it through our Dream Home Program and roll any remodels—new kitchens, baths, even an ADU—into closing for a turnkey move-in. This house can be a great fit for a investor. (As it sits has a 5.28% cap rate) a buyer that wants to offset their mortgage, or multi generational family or even multiple buyers. Minutes to the I-10/60/15, Ontario International Airport, and shopping at Ontario Mall.

Listing Agent

Cory Boldroff

Real Brokerage Technologies, Inc. Brokerage Phone: 805-206-4192 License #01372763 Listed on: 06/11/2025

Real Brokerage Technologies, Inc.

Co-Listing Agent

Charles Osborn

Real Brokerage Technologies Brokerage Phone: 805-206-4192 License #02230695

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,538

Year Built

  • Built in 1954

Lot Details

  • 7,314 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Contemporary Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,994 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Family Room
  • Laundry Room

Kitchen

  • Gas Range
  • Quartz Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • 2 Carport Spaces

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 4214
  • Assessor Parcel Number 0108471070000
  • $233 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,538

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Price Per Unit: 424500
  • Property Attached: Yes
  • View: No
  • Architectural Style: Contemporary
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 0108471070000
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Quartz Counters, Recessed Lighting
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 425.78
  • Room Type: All Bedrooms Down, Family Room, Laundry, Main Floor Bedroom

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7314.00
  • Lot Size Acres: 0.1679

Multi Family

  • Lot Size Area: 7314.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 13.07
  • Tax Lot: 7
  • Tax Tract Number: 4214
  • TaxOtherAnnualAssessmentAmount: 233.00

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 $2,538 $754,800 $264,180 $490,620
2024 $2,538 $237,470 $61,780 $175,690
2023 $2,465 $232,814 $60,569 $172,245
2022 $2,431 $228,249 $59,381 $168,868
2021 $2,415 $223,774 $58,217 $165,557
2020 $2,372 $221,479 $57,620 $163,859
2019 $2,350 $217,136 $56,490 $160,646
2018 $2,316 $212,878 $55,382 $157,496
2017 $2,231 $208,704 $54,296 $154,408
2016 $2,142 $204,611 $53,231 $151,380
2015 $2,127 $201,537 $52,431 $149,106
2014 $2,059 $197,589 $51,404 $146,185
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Price Changed $815,000 -4.0% $409 / Sq Ft
06/26/2025 06/26/25 For Sale $849,000 +14.7% $426 / Sq Ft
06/14/2024 06/14/24 Sold $740,000 0.0% $371 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $739,999 -- $371 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $740,000 Wfg National Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Southland Title Of Burbank
Grant Deed $117,000 Gateway Title
Grant Deed -- Gateway Title Company
Grant Deed $93,000 Gateway Title Company
Grant Deed -- Fidelity National Title Ins
Trustee Deed $79,874 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $731,681 FHA
Closed $726,596 FHA
Previous Owner $50,000 Credit Line Revolving
Previous Owner $25,000 Credit Line Revolving
Previous Owner $220,000 New Conventional
Previous Owner $107,142 FHA
Previous Owner $93,000 No Value Available
Closed $11,700 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR25129363

California Regional Multiple Listing Service (CRMLS)

APN: 0108-471-07