2321 S Magnolia Avenue 6e, Ontario, California 91762, Ontario, 91762 - 2 bed, 3 bath
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2321 S Magnolia Avenue 6e
Ontario, California 91762
ACTIVE
CONDITION: GOOD
2Beds
3Baths
1,146Sq Ft
1,146Lot Size
Property Price
LIST PRICE$405,000
EST. MARKET VALUE
$423,584
4% BelowMARKET VALUE
SUMMARY
This Turn-Key Condominium represents a Strong Value Opportunity, listed at $405,000—positioned well below the $425,854 Fair Market Value by 4%. This valuation gap provides $20,854 in Instant Equity for the buyer. Featuring an upgraded kitchen, newer flooring, and a private patio, the home maintains a Condition Rating of 3. Its move-in ready status and proximity to major freeways make it an ideal acquisition for first-time buyers or Owner-Occupants seeking a low-maintenance, lifestyle-focused residence in Ontario.
Estimated Market Value
$423,584+$18,584 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Ontario.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2321 S Magnolia Avenue 6e Subject 2 bd · 3 ba · 1,146 sqft · $370 | $405,000* List Price | 2 | 3 | 1,146 | $370 | - |
A 2245 Smoke Tree Lane Sold 3 bd · 3 ba · 1,346 sqft · $348 · 0.1 mi | $468,000 | 3 | 3 | 1,346 | $348 | 0.1 mi |
B 2069 S Magnolia Avenue 123 Sold 2 bd · 2 ba · 1,200 sqft · $375 · 0.3 mi | $450,000 | 2 | 2 | 1,200 | $375 | 0.3 mi |
C 1726 S Mountain Avenue C Sold 2 bd · 3 ba · 1,156 sqft · $337 · 0.8 mi | $389,500 | 2 | 3 | 1,156 | $337 | 0.8 mi |
D 1742 S Mountain Avenue E Sold 2 bd · 2 ba · 1,087 sqft · $409 · 0.7 mi | $445,000 | 2 | 2 | 1,087 | $409 | 0.7 mi |
E 1604 S Mountain Avenue 7a Active 2 bd · 2 ba · 1,064 sqft · $429 · 0.9 mi | $456,000 List Price | 2 | 2 | 1,064 | $429 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property was built in 1982 but has undergone a recent cosmetic renovation featuring newer wood-look flooring, fresh interior paint, and an upgraded kitchen with new countertops and sink. It is functional and turn-key move-in ready, though some dated elements like popcorn ceilings remain.
PROSSTRENGTHS & OPPORTUNITIES
- Turn-Key Condition
The property features significant recent upgrades, including newer flooring, an updated kitchen, and fresh interior paint, offering a move-in-ready experience for buyers.
- Value-Driven Pricing
Listed at $405,000, the home is priced competitively below its 2022 sale price of $425,000, providing an attractive entry point in the Ontario market.
- Guest Accessibility
The inclusion of ample guest parking addresses a common pain point for condominium living, making the unit highly desirable for those who enjoy entertaining.
CONSRISKS & DEFICIENCIES
- Monthly Carrying Costs
The $370 monthly association fee represents a significant recurring expense that may impact the overall affordability and debt-to-income ratio for some buyers.
- Aging Infrastructure
Built in 1982, the development may require ongoing maintenance or face potential future assessments typical of 40-year-old community structures.
About 2321 S Magnolia Avenue 6e
Discover this beautiful condo at 2321 S Magnolia Ave #6E in Ontario, perfect blend of comfort and convenience. Step inside to find newer flooring, upgraded kitchen, newer interior paint throughout, creating a bright and inviting atmosphere. Located for ultimate ease, this unit provides convenient access to local amenities, shopping, and major freeways, making commutes a breeze. Plus, with ample guest parking available, entertaining friends and family is always stress-free. This turn-key home is ready for you to move in and enjoy!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 1,146 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $370.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,146 | 1,484.398 |
| Lot Size | 1,146 | 1,155.852 |
| Price | $405.0K | $571.8K |
| Price per sq ft | $353 | $381 |
| Built year | 1982 | 2024 |
| HOA | $370.0 | $329 |
| Days on market | 38 | 79 |
Pricing History
Listed for Sale
Sep 16, 2026
$405,000
Initial Listing
Sold
Sep 30, 2022
$425,000
Public Record