ActiveSingleFamilyResidence

1243 Mandalay

Ontario, CA, 91764

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$499,000

MLS: CV26097726

Beds

3

Baths

1

Sq Ft

1,047

Lot

0.17 ac

Year Built

1954

MLS #

CV26097726

Days on Market

0

Listed

May 13, 2026

Description

Prime Investment Opportunity! Located in a desirable neighborhood of Ontario, this 3 bed, 1 bath home offers 1,047 sq ft of living space on a 7,205 sq ft lot. This home is ready for its next chapter and will benefit from thoughtful renovation—ideal for investors, contractors, or buyers looking to bring their vision to life. Features include a long driveway, covered back patio, and a detached outdoor storage structure with flexibility for storage or potential laundry use. The spacious lot offers room to expand or add an ADU (buyer to verify), creating a strong value-add opportunity with excellent upside. Conveniently located within the Chaffey Joint Union High School District and close to shopping, dining, and major freeways. Property to be sold AS-IS. Seller will not consider blind offers.Seller intends to review offers after initial marketing period—please submit highest and best terms. Property must be viewed prior to submitting an offer.

Location

Ontario, San Bernardino County, CA 91764

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Listed by: Pamela Williams · The Real Brokerage, Inc.

Payment estimate

$3,804

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $49,900 · Loan: $449,100

%
Principal & Interest
$2,797
Property tax (1.25%)
$520
Homeowners insurance
$300
Mortgage insurance
$187
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Today's Rates

As of May 14, 2026

30-year fixed
6.36%
15-year fixed
5.71%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Ontario home with as little as 3.5% down using an FHA loan — roughly $17,465 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

See Ontario, CA 91764 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.