1606 S Laurel, Ontario, California 91762, Ontario, 91762 - 3 bed, 2 bath
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Ontario, California 91762
This Updated Single-Family Residence is a Prime Investment Opportunity, listed at $780,000—positioned well below the $799,241 Fair Market Value by 2%. This valuation gap provides $19,241 in Instant Equity. Featuring a Move-in Ready Condition Rating, the home boasts modern tile flooring, newer kitchen cabinets, and scenic Mountain Views. The oversized 11,342 sq. ft. lot and double driveway offer significant ADU Potential within the Ontario-Montclair district. This versatile asset is ideal for Owner-Occupants seeking a turnkey sanctuary or first-time buyers looking to build long-term wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1606 S Laurel Subject | $780,000* List Price | 3 | 2 | 1,488 | $537 | - |
A 846 Linden Street Sold | $727,000 | 3 | 2 | 1,554 | $468 | 0.7 mi |
B 1620 S Cypress Avenue Sold | $695,000 | 3 | 2 | 1,554 | $447 | 0.6 mi |
C 423 Montezuma Street Sold | $727,000 | 3 | 2 | 1,554 | $468 | 0.3 mi |
D 559 W Belmont Sold | $645,000 | 2 | 2 | 1,326 | $486 | 0.6 mi |
E 1940 S Fern Sold | $818,000 | 3 | 2 | 1,459 | $561 | 0.5 mi |
F 1711 S Granite Sold | $690,000 | 3 | 2 | 1,040 | $663 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent cosmetic updates including new wood-look tile flooring, recessed lighting, and newer kitchen cabinets with stainless steel appliances. While the home was built in 1968, the interior has been modernized with newer windows and ceiling fans, meeting the criteria for a well-maintained home with updated components that does not require immediate renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11342, living area = 1488.
The oversized 11,342 sq. ft. lot with a double driveway offers significant space for outdoor entertainment and excellent potential for an Accessory Dwelling Unit (ADU) or customization.
The home features key updates including newer windows, kitchen cabinets, tile flooring, and recessed lighting, ensuring a move-in-ready experience for the buyer.
Washer and dryer hookups are located in the garage rather than an interior laundry room, which may be a convenience drawback for some homeowners.
Originally built in 1968, the property may require ongoing maintenance or inspections of underlying systems not addressed by recent cosmetic renovations.
Well, maintained single-family home. This move-in ready home is must-see. It features 3-redrooms, 2-baths. An oversized property lot measuring 11,342. A separate office space/family room leading to back yard. Upgrades include newer windows and ceiling fans throughout. New tile flooring and canned lighting. Newer kitchen cabinets. The home also boasts a large backyard providing endless possibilities for outdoor entertainment and gardening. Double driveway ready for potential ADU or desired customization. The 2-car garage has washer and dryer hookups. Centrally located in the City of Ontario between 10 freeways & 60 freeway, shopping, schools and so much more.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,488 | 1,668 | 38% |
| Lot Size | 11,342 | 7,260 | 85% |
| Price | $780.0K | $725.0K | 69% |
| Price per sq ft | $524 | $422 | 76% |
| Built year | 1968 | 1968 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 173 | 1% |
Mar 19, 2026
$780,000
Initial Listing
Jan 25, 2010
$250,000
Public Record
Sep 20, 1994
$117,500
Public Record