718 E Maitland St Ontario, CA 91761
Downtown Ontario NeighborhoodEstimated payment $12,199/month
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
TopSky Realty Inc Brokerage Phone: 951-387-9081 License #01486321 Listed on: 06/23/2025
Home Details
Home Type
- Single Family
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
- Entry on the 1st floor
- 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
Map
Home Values in the Area
Average Home Value in this Area
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 | $15,399 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 | View Prior Sale |
| 04/09/2023 04/09/23 | For Sale | $1,499,000 | -- | $150 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,350,000 | Provident Title | |
| Grant Deed | $1,400,000 | First American Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $800,000 | New Conventional |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV25133188
APN: 1049-451-21
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