0 Olive St
Ontario, CA 91764

1.83 Acres
A prime 1.833 acre lot, which has been subdivided into 10 individual parcels in the City of Ontario. The property is conveniently located in North Ontario, bordering the City of Upland and Rancho Cucamonga. The subject property is uniquely located behind an highly sought after Christian school, surrounded by single family homes, which brings an opportunity to immediately develop brand new homes in this area with very little competition in the marketplace. These 10 individual parcels are zoned LDR-5, which is low density for single family dwelling. Each parcel is approximately 7,988 square feet with an allotted building ratio of 1:2 upon approval from the City Planning Department. More importantly, the plans for this project were previously approved by the City of Ontario, however, expired. Nonetheless, this allows investors to save costs and obtain approval quicker by resubmitting the existing plans to the city with plan checks. The Olive Street development provides a rare opportunity for astute investors to build brand new homes in a market where there is a tremendous shortage in brand new single family home supply, to accommodate new home buyers who want to live in a vibrant and economically diverse city of Ontario.
  • Zipcode: 91764
  • Days on Movoto: 98
  • Year Built:
  • HOA:
  • $/Sqft:
  • Lot: 1.83 Acres
  • Property Type: Land
  • MLS#: CV16197185
  • MLS:
  • Listing Office: CB RICHARD ELLIS
  • Listing Broker: ERIC CHEN
  • Movoto last checked CRMLS for new data 10 hours ago
  • CRMLS last updated this listing 1 month ago

Property Features for 0 Olive St , Ontario

Schedule a Viewing of 0 Olive St, Ontario

Mortgage Calculator for 0 Olive Street, Ontario

Edit the averages shown below to see the payment that works best for you.

Real Estate Market Statistics of 0 Olive Street , Ontario

Ontario, California

Total Inventory For Sale

222 Homes

0% m/m -20% y/y

Median List Price


0% m/m +8% y/y

Median Days On Market

39 Days

0% m/m -27% y/y

Median House Size

1,433 Sqft

-1% m/m 0% y/y

Median Price Per Square Foot

$248 /Sqft

0% m/m +4% y/y

Median Price

As of , there are 74 properties listed for sale in ZIP code 91764 and 222 properties listed for sale in the city of Ontario, CA. Those 222 properties include 183 single family homes and 39 condos. This property at 0 Olive St in 91764 is currently listed for $1,350,000. This is 255% above the median price of $380,000 for Ontario and 265% above the median of $370,000 for 91764. 0 Olive St is approximately — Sqft, which is 100% below the Ontario median of 1,433 and 100% below the 91764 ZIP code median of 1,409. This property's price per square foot is —, which is 100% below the median price in 91764 of $261 and 100% below the Ontario median of $248 per Sqft.

New Listings in Ontario

Get to Know Ontario

This land house is located at 0 Olive St. It is listed on 07/18/2016 for $1,350,000. 0 Olive St is located in the Chaffey Joint Union High. The closest school is Edison Elementary School.

0 Olive St has been on the market for 98 days. The median days on the market for properties in this area is 39 with a median list price of $380,000 and median cost per square foot of $248. It's currently listed as active under the MLS #CV16197185.

View more active properties in this area. Or connect with a top-rated Movoto agent to learn more about Ontario market trends and buying this home and other homes like it.
Ontario Agent

I'm happy to give you a quick call to answer all your questions about this home and schedule a tour.