
Ontario, California 91762
This well-maintained townhouse represents a High-Potential Investment Opportunity, listed at a List Price of $455,000—positioned slightly above the $440,535 Fair Market Value. While the property requires minor cosmetic updates to modernize its Condition Rating of 4, it offers significant functional appeal with Dual Master Suites, a Granite Kitchen, and a Large 2-Car Garage. Its location in the Ontario-Montclair district provides excellent commuter access. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a stable, move-in ready residence with long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2321 S Magnolia Avenue 14e Subject | $455,000* List Price | 2 | 3 | 1,046 | $421 | - |
A 2046 S Mountain Sold | $454,000 | 2 | 2 | 1,200 | $378 | 0.3 mi |
B 1158 W Philadelphia Active | $470,000 List Price | 3 | 2 | 972 | $484 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1983 (41 years old), placing it in the >20y category. While the listing highlights upgrades like granite countertops and hand-distressed laminate flooring, these renovations appear to be 15-20 years old. The home is well-maintained and functional, but the overall aesthetic, including the painted original cabinetry and older fixtures, is dated and will eventually require modern updates.
The property features two spacious master bedrooms upstairs, each equipped with walk-in showers and crown molding, providing excellent privacy and convenience for residents or guests.
The home is meticulously maintained with high-end finishes including granite countertops, hand-distressed laminate flooring, plantation shutters, and vaulted ceilings that enhance the sense of space.
A large two-car garage featuring a built-in workbench and extensive shelving, paired with an interior built-in bookcase, offers exceptional storage utility rarely found in townhomes of this size.
The interior layout includes multiple small sets of stairs between the entry, living room, and bedrooms, which may pose accessibility challenges for some buyers.
The monthly HOA fee of $370 adds a significant fixed cost to the property's carrying expenses, which may impact the overall affordability for budget-conscious buyers.
Come and see an upgraded and well maintained 2 bedroom condo located at Magnolia Terrace, Ontario Upstairs you will find 2-master bedrooms with crown-molding, fans, and walk-in showers. Downstairs has upgraded hand distressed laminate flooring, crown-molding, vaulted ceiling in living-room, an L-shaped dinning area with easy access to the kitchen. The windows are covered with plantation shutters that look out to the north to an attractive brick patio. There will be no bright afternoon sun coming into the ares. There is a built-in bookcase with room for your TV. Coming into the Condo you have 3 steps up into the entry-way and 2 steps down into the living-room. The kitchen has granite counter tops, electric stove, built-in pantry, and dishwasher. Before going into the garage one will find is a convenient half bath for family and friends. The large 2 car garage has lots of storage, shelving, and a small work bench. It is an easy walk to the fenced-in community pool surrounded with a trees and shrubs. Close to shopping and restaurants with easy access to the 60 freeway. Do come and see
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.9 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,046 | 1,475.1 |
| Lot Size | 1,046 | 1,660.1 |
| Price | $455.0K | $564.5K |
| Price per sq ft | $435 | $394 |
| Built year | 1983 | 2024 |
| HOA | $370.0 | $369 |
| Days on market | 16 | 90 |
Aug 24, 2026
$455,000
Initial Listing