430 E I St Ontario, CA 91764
Downtown Ontario NeighborhoodEstimated payment $13,234/month
Highlights
- Corner Lot
- No HOA
- Drip System Landscaping
- Lawn
- Laundry Room
About This Home
Rare development and income opportunity in one of Ontario’s most sought-after residential neighborhoods. Situated on a prime corner lot, this six-unit property (six-plex) offers immediate rental income with significant upside—zoned to allow the addition of up to six ADUs, creating a compelling value-add investment. The existing six units have been thoughtfully updated, four of th units are 2 bed 1 bath and two of the units are 1 bed 1 bath, featuring modern finishes and bright, inviting interiors. Upgrades include brand-new tile flooring, refreshed kitchens with updated cabinetry and countertops, fresh interior paint, and beautifully renovated bathrooms with new tubs and tile surrounds. Select areas offer updated carpeting for added comfort, along with crown molding, new baseboards, and enhanced cabinetry throughout. Ceiling fans and large windows provide excellent airflow and abundant natural light, creating warm, livable spaces tenants appreciate. Set on an expansive lot, the property offers rare outdoor space for a multi-family asset, with lush green lawn areas and a sense of privacy not typically found in apartment living. The corner positioning enhances accessibility, layout flexibility, and future development potential.
Infrastructure improvements include updated plumbing and electrical systems, with the property maintained in excellent condition—providing a solid foundation for both current cash flow and future expansion. All units have updated interior and exterior painting and have all been renovated, boasting of upgrades. Ideally located near shopping, dining, schools, and major commuter routes, this property blends quiet residential living with everyday convenience. Whether you’re looking to expand your portfolio or capitalize on Ontario’s strong rental demand and ADU-friendly zoning, this is a standout opportunity with both stability and growth potential.
Listing Agent
eXp Realty of Greater Los Angeles Brokerage Email: anthony.grynchal@gmail.com License #01873626 Listed on: 04/19/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 11,016 Sq Ft Lot
- 1 Common Wall
- Drip System Landscaping
- Corner Lot
- Level Lot
- Front Yard Sprinklers
- Lawn
Parking
- 12 Car Garage
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- Unit 1 Bathroom: 0
- 4,556 Sq Ft Home
- 2-Story Property
- Laundry Room
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 1 / 881
- Tax Tract Number 4000
- Assessor Parcel Number 1048251230000
- $449 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 6 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 6 Separate Water Meters
- Insurance Expense $1,100
- Trash Expense $400
- Water Sewer Expense $250
- Operating Expense $650
- Gross Income $9,025
- Net Operating Income $7,825
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/19/2026 04/19/26 | For Sale | $2,100,000 | 0.0% | $461 / Sq Ft |
| 03/25/2026 03/25/26 | Rented | $1,895 | 0.0% | -- |
| 03/04/2026 03/04/26 | For Rent | $1,895 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV26084383
- 113 E G St Unit 113
- 109 E Rosewood Ct
- 516 E D St Unit B
- 408 W G St
- 320 N Euclid Ave
- 627 N Vine Ave
- 503 W G St
- 513 W G St Unit 513
- 102 N Lemon Ave
- 535 W D St Unit D
- 601 W D St Unit A
- 544 W Vesta St Unit 5
- 605 W D St Unit D
- 605 W D St Unit A
- 311 N Beverly Ct
- 1103 E Princeton St Unit 1
- 340 W Caroline Ct
- 312 N San Antonio Ave
- 1095 E Nocta St Unit C
- 944 E Deodar St Unit 944
Ask me questions while you tour the home.