2008 E 5th Street, Ontario, California 91764, Ontario, 91764 - 2 bed, 3 bath

2008 E 5th Street, Ontario, California 91764 home-pic-0
ACTIVE$498,000
2008 E 5th Street, Ontario, California 91764
2Beds
3Baths
1,281Sqft
1,308Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Turnkey & Updated Interior: The property is beautifully maintained, featuring a remodeled kitchen with modern finishes and brand-new hardwood flooring, offering a move-in ready experience for buyers.
Top Cons:
Significant Price Reduction History: Multiple price drops from the original list price of $538,000 to $498,000 may suggest initial overpricing or challenges in market appeal, potentially raising buyer questions about value.

Compared to the nearby listings

Price:$498.0K vs avg $534.0K ($-36,025)32%
Size:1,281 sqft vs avg 1,393 sqft42%
Price/sqft:$389 vs avg $40739%

More Insights

Built in 1981 (44 years old).
Condition: The property, built in 1981, presents as move-in ready due to significant recent updates. The kitchen has been remodeled with modern finishes, including contemporary cabinetry, white countertops, subway tile backsplash, and what appear to be newer stainless steel appliances (range). The description also highlights 'brand-new hardwood flooring' (which appears to be LVP in images) throughout the main living areas, contributing to a fresh, updated feel. While the bathrooms are clean and functional with updated light fixtures, their vanities and overall style are not as extensively modernized as the kitchen, preventing an 'Excellent' rating. The property is well-maintained with central HVAC, aligning with the 'Good' criteria for a home with recent, substantial renovations.
Year Built
1981
Close
-
List price
$498K
Original List price
$538K
Price/Sqft
$389
HOA
$290
Days on market
-
Sold On
-
MLS number
CV25156601
Home ConditionGood
Features
View-

About this home

Welcome to 2008 E 5th St, Ontario—a beautifully maintained 2-bedroom, 2.5-bath townhouse offering a perfect blend of style, comfort, and convenience. This turnkey home features a remodeled kitchen with modern finishes, brand-new hardwood flooring, a cozy fireplace in the living room, and a spacious loft ideal for a home office, gym, or potential third bedroom. Enjoy the ease of an attached 2-car garage, central HVAC, and a quiet, well-kept community with low HOA. Located just minutes from Ontario Mills, Victoria Gardens, Ontario International Airport, and major freeways (10 & 15), this home is ideal for commuters and shoppers alike. Whether you're a first-time buyer or looking to downsize without sacrificing quality, this home checks all the boxes.

Condition Rating
Good

The property, built in 1981, presents as move-in ready due to significant recent updates. The kitchen has been remodeled with modern finishes, including contemporary cabinetry, white countertops, subway tile backsplash, and what appear to be newer stainless steel appliances (range). The description also highlights 'brand-new hardwood flooring' (which appears to be LVP in images) throughout the main living areas, contributing to a fresh, updated feel. While the bathrooms are clean and functional with updated light fixtures, their vanities and overall style are not as extensively modernized as the kitchen, preventing an 'Excellent' rating. The property is well-maintained with central HVAC, aligning with the 'Good' criteria for a home with recent, substantial renovations.
Pros & Cons

Pros

Turnkey & Updated Interior: The property is beautifully maintained, featuring a remodeled kitchen with modern finishes and brand-new hardwood flooring, offering a move-in ready experience for buyers.
Versatile Loft Space: A spacious loft provides flexible living options, ideal for a home office, gym, or potential conversion into a third bedroom, adding significant utility.
Prime Commuter Location: Strategically located minutes from major freeways (10 & 15), Ontario International Airport, and popular shopping destinations like Ontario Mills and Victoria Gardens, enhancing convenience for residents.
Desirable Modern Amenities: Equipped with central HVAC, an attached 2-car garage, and a cozy fireplace, the home offers essential comforts and practical features.
Low Association Fees: The property benefits from low HOA fees within a quiet, well-kept community, providing cost-effective living compared to many other condominium developments.

Cons

Significant Price Reduction History: Multiple price drops from the original list price of $538,000 to $498,000 may suggest initial overpricing or challenges in market appeal, potentially raising buyer questions about value.
Condominium Limitations: As a condominium, the property likely involves shared walls, a smaller private outdoor space (1,308 sqft lot size), and potential restrictions imposed by HOA rules.
Lack of Scenic Views: The property explicitly states 'view: None,' indicating an absence of scenic outlooks, which could be a drawback for buyers prioritizing views.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state