1031 S Palmetto Avenue H-6, Ontario, California 91762, Ontario, 91762 - 2 bed, 3 bath
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Ontario, California 91762
This Condominium is a Strong Value Opportunity, listed at $429,000—positioned slightly above the $425,786 Fair Market Value. While priced at market, the property offers a functional Dual En-Suite Layout and a Condition Rating of 4, providing a solid foundation for cosmetic modernization. Residents enjoy a Private Patio with Pool View and the convenience of Attached Parking. Located near schools like Ontario High, this home balances community amenities with practical living. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a stable, well-located asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1031 S Palmetto Avenue H-6 Subject | $429,000* List Price | 2 | 3 | 1,072 | $397 | - |
A 1031 S Palmetto Sold | $507,000 | 3 | 3 | 1,181 | $429 | 0.0 mi |
B 1726 S Mountain Avenue C Sold | $389,500 | 2 | 3 | 1,156 | $337 | 0.7 mi |
C 1031 S Palmetto Q2 Sold | $450,000 | 2 | 3 | 1,107 | $407 | 0.1 mi |
D 1742 S Mountain Avenue E Sold | $445,000 | 2 | 2 | 1,087 | $409 | 0.8 mi |
E 1031 S Palmetto Avenue A2 Sold | $440,000 | 2 | 2 | 960 | $458 | 0.1 mi |
F 1031 S Palmetto Avenue G2 Sold | $440,000 | 2 | 2 | 960 | $458 | 0.1 mi |
G 1031 S Palmetto S8 Active | $460,000 List Price | 2 | 3 | 1,107 | $416 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1981 (43 years old), placing it in the dated category. While the interior shows some updates such as newer laminate flooring, the presence of popcorn ceilings and the lack of mentioned renovations to the kitchen or bathrooms suggest the home is functional but requires cosmetic modernization to meet current market standards.
Both bedrooms feature attached bathrooms, providing a highly functional and private living arrangement that is ideal for roommates, guests, or small families.
The unit is exceptionally well-positioned within the community, offering a private patio with direct pool access and parking situated immediately outside the front door.
The association fee covers essential utilities including water and trash, simplifying monthly budgeting and providing added value through community maintenance.
At $460 per month, the association fee is a significant recurring cost that may impact the overall affordability and debt-to-income ratio for prospective buyers.
Built in 1981, the property may require modernization of its original systems and cosmetic finishes to compete with newer or fully renovated units in the Ontario market.
Welcome home to this inviting 2-bedroom, 2.5-bathroom condominium offering the perfect blend of comfort, convenience, and community amenities. Ideally situated within the complex, this home features a private back patio wich is literally just steps to the community pool, making it feel like your own backyard oasis. Inside, you'll find a functional floor plan with spacious living areas, two generously sized bedrooms with ATTACHED bathrooms, and the convenience of a half bathroom on the main level for guests. The private patio creates the perfect space to enjoy your morning coffee, unwind in the evening, or take a few steps over for a refreshing swim. Parking couldn't be easier with both a detached garage and a covered carport located directly outside the front door, providing exceptional convenience for everyday living. The HOA adds even more value by including water and trash service, helping simplify monthly expenses while maintaining the beautifully kept community. Whether you're a first-time buyer, downsizing, or looking for an excellent investment opportunity, this home offers an ideal combination of location, practicality, and resort-style convenience. Don't miss your opportunity to own this charming condo with one of the community's most desirable locations!
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades 7-8 • 0.6 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,072 | 1,471 |
| Lot Size | 608 | 1,164 |
| Price | $429.0K | $559.0K |
| Price per sq ft | $400 | $379 |
| Built year | 1981 | 2024 |
| HOA | $460.0 | $341 |
| Days on market | 7 | 77 |
Jul 15, 2026
$429,000
Initial Listing
Jul 22, 2003
$151,000
Public Record
Mar 23, 2001
$85,000
Public Record