718 E Maitland street
Ontario, CA, 91761
$2,100,000
MLS: IV25133188
Beds
17
Baths
5
Sq Ft
10,305
Lot
0.68 ac
Year Built
1969
MLS #
IV25133188
Days on Market
19
Listed
Jun 23, 2025
Description
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.
Location
Ontario, San Bernardino County, CA 91761
Open on Google Maps ↗Listed by: YUMING BAI · TopSky Realty Inc
Payment estimate
$14,887
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $210,000 · Loan: $1,890,000
- Principal & Interest
- $11,612
- Property tax (1.25%)
- $2,188
- Homeowners insurance
- $300
- Mortgage insurance
- $788
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $73,500 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.
Local Market Stats
See Ontario, CA 91761 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
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.