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653 W Belmont St, Ontario, CA 91762

List Price: $1,690,000On Market FlagOn market
Aug 14, 20251,014 sqft2 beds1 baths
Listed by: Barbie Hartig
License #: 01438103
Phone #: 949-607-7211
Option West Realty
Source:
CRMLS Logo
MLS #: OC25184094

Property Description

Great opportunity for investors in a Great neighborhood! Unique property! Total of 6 units + 1 ADU. All units are leased out with longtime tenants. All of the units have been re-piped w/Copper L Pipe. Two of the structures are duplexes, 900 ft.² each with 2 bedrooms / 1 bath each, all with driveways. Including two separate detached homes one home has a two bedroom / 1 bath with attached single car garage at 1100 ft.². The other Home has 2 bedrooms / 1 bath At 1150 ft.²with ADU that has 1 bed / 1 bath At 450 ft.²All on a large corner lot with 18,900 ft.². There is ample room for parking and RV parking. There are 2 water meters on the property. Each unit has their own separate electric and gas meters. The cap rate is at 6% with room for increased rents. Price to sell!!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

-$4,620

TurboHome Estimated Value

$691,000

$681 sqft

High Valuation
$725,550
$716/sqft
Normal Valuation
$691,000
$681/sqft
Low Valuation
$656,450
$647/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$681/sqft$691,000

Neighborhood

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Comparative Value

$429K

$565K

$650K

$800K

$1.69M

1014 S Palmetto Ave, Ontario, CA 91762

Sale Price: $429,000

Selected Comparable

410 W Maitland St, Ontario, CA 91762

Sale Price: $430,000

Selected Comparable

319 W Nevada St, Ontario, CA 91762

Sale Price: $565,000

Selected Comparable

517 W Locust St, Ontario, CA 91762

Sale Price: $650,000

Selected Comparable

738 W Ralston St, Ontario, CA 91762

Sale Price: $800,000

Selected Comparable

653 W Belmont St, Ontario, CA 91762

List Price: $1,690,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
653 W Belmont St, Ontario, CA 91762

653 W Belmont St, Ontario, CA 91762

List: $1,690,000

Listed: 8/14/2025

Area:1,014 sqft
Price/sqft:$1,667
Beds:2
Baths:1
Year Built:
Lot Size:18,900

Comparable Properties

COMPARABLE
Choose comps
517 W Locust St, Ontario, CA 91762

517 W Locust St, Ontario, CA 91762

Sale: $650,000

5/20/20250.51 mi

Area:1,025 sqft
Price/sqft:$634
Beds:2
Baths:1
Year Built:
Weight:20.8%
738 W Ralston St, Ontario, CA 91762

738 W Ralston St, Ontario, CA 91762

Sale: $800,000

11/1/20240.15 mi

Area:1,044 sqft
Price/sqft:$766
Beds:2
Baths:1
Year Built:
Weight:20.0%
410 W Maitland St, Ontario, CA 91762

410 W Maitland St, Ontario, CA 91762

Sale: $430,000

7/11/20250.36 mi

Area:890 sqft
Price/sqft:$483
Beds:2
Baths:1
Year Built:
Weight:19.9%
319 W Nevada St, Ontario, CA 91762

319 W Nevada St, Ontario, CA 91762

Sale: $565,000

2/6/20250.50 mi

Area:1,029 sqft
Price/sqft:$549
Beds:2
Baths:1
Year Built:
Weight:19.8%
1014 S Palmetto Ave, Ontario, CA 91762

1014 S Palmetto Ave, Ontario, CA 91762

Sale: $429,000

4/22/20250.46 mi

Area:1,092 sqft
Price/sqft:$393
Beds:2
Baths:1
Year Built:
Weight:19.6%

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