1620 S Cypress Avenue, Ontario, California 91762, Ontario, 91762 - 3 bed, 2 bath

1620 S Cypress Avenue, Ontario, California 91762 home-pic-0
ACTIVE$720,000
1620 S Cypress Avenue, Ontario, California 91762
3Beds
2Baths
1,554Sqft
7,168Lot

Price Vs. Estimate

The estimated value ($392,765.465) is $327,234.535 (45%) lower than the list price ($720,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7168, living area = 1554.
Top Cons:
Requires Further Personalization: The description explicitly states the home 'needs a few finishing touches' and 'room for updates and personalization,' indicating it's not a fully renovated, move-in ready property.

Compared to the nearby listings

Price:$720.0K vs avg $751.0K ($-31,000)38%
Size:1,554 sqft vs avg 1,830.5 sqft37%
Price/sqft:$463 vs avg $41263%

More Insights

Built in 1973 (52 years old).
Condition: The property, built in 1973, shows signs of regular upkeep and some functional updates like dual-pane windows, a newer HVAC system, and a smart thermostat. However, the kitchen, despite a newer farmhouse sink, features dated white tile countertops, older white cabinets, and fluorescent lighting. The bathrooms are also significantly outdated, particularly the master bath with carpeted flooring and an older vanity. The mixed flooring (tile, worn carpet, laminate) and the description explicitly stating 'needs a few finishing touches' and 'room for updates and personalization' indicate that while functional, the home requires substantial cosmetic updates to meet modern standards, aligning it with the 'Fair' condition category.
Year Built
1973
Close
-
List price
$720K
Original List price
$740K
Price/Sqft
$463
HOA
-
Days on market
-
Sold On
-
MLS number
CV25097785
Home ConditionFair
Features
Patio
View-

About this home

This 3-bedroom, 2-bath home offers excellent potential and is ready for a new owner to personalize and make it their own. With spacious living areas, modern touches, and numerous appealing features, the home is full of possibilities and just needs a few finishing touches to bring out its best. The kitchen features a newer stainless steel farmhouse sink and a large island, ideal for meal prep and entertaining. It includes both gas and electric hookups for the stove, offering flexibility for your culinary preferences. The open-concept layout connects seamlessly to the family room, which boasts vaulted ceilings, a cozy gas fireplace, and sliding doors that open to the backyard—perfect for blending indoor comfort with outdoor living.In the dining room, a built-in credenza adds both charm and valuable storage space. The primary bedroom includes an en-suite bath, while the additional bedrooms offer comfortable, carpeted floors. Laminate and tile flooring throughout the main living areas provide a low-maintenance foundation, though there’s room for updates and personalization throughout. Modern conveniences include dual-pane windows with shutters, a newer HVAC system, and a smart thermostat to maintain comfort year-round. The backyard is designed for easy upkeep and features an Alumawood patio cover—ideal for entertaining. The fully enclosed lot includes a block wall around the perimeter and a front wrought iron fence with a sliding gate for added privacy and security.With solid structure and attractive amenities, this home is a great opportunity for anyone looking to add their own style and improvements. Don’t miss your chance to transform this property into the home of your dreams! Professional Photos Coming Soon

Condition Rating
Fair

The property, built in 1973, shows signs of regular upkeep and some functional updates like dual-pane windows, a newer HVAC system, and a smart thermostat. However, the kitchen, despite a newer farmhouse sink, features dated white tile countertops, older white cabinets, and fluorescent lighting. The bathrooms are also significantly outdated, particularly the master bath with carpeted flooring and an older vanity. The mixed flooring (tile, worn carpet, laminate) and the description explicitly stating 'needs a few finishing touches' and 'room for updates and personalization' indicate that while functional, the home requires substantial cosmetic updates to meet modern standards, aligning it with the 'Fair' condition category.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7168, living area = 1554.
Modernized Kitchen: The kitchen features a newer stainless steel farmhouse sink, a large island, and flexible gas/electric stove hookups, appealing to modern culinary needs.
Energy-Efficient Upgrades: Equipped with dual-pane windows, shutters, a newer HVAC system, and a smart thermostat, ensuring comfort and potential energy savings.
Enhanced Outdoor Living: The backyard boasts an Alumawood patio cover for entertaining and is designed for easy upkeep, complemented by a secure, fully enclosed lot.
Open Concept & Architectural Details: Offers spacious, open-concept living areas with vaulted ceilings in the family room and a cozy gas fireplace, enhancing the home's appeal.
Privacy and Security Features: A fully enclosed lot with a block wall perimeter and a front wrought iron fence with a sliding gate provides added privacy and security.

Cons

Requires Further Personalization: The description explicitly states the home 'needs a few finishing touches' and 'room for updates and personalization,' indicating it's not a fully renovated, move-in ready property.
Significant Price Discrepancy: The property's estimated value is substantially lower than the current listing price, suggesting potential overpricing or a need for a more competitive market analysis.
Dated Interior Elements: While some areas are updated, the mention of carpeted bedrooms and general 'room for updates' implies certain interior finishes may be dated compared to fully remodeled comparables.

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