2424 S Lake Avenue, Ontario, California 91761, Ontario, 91761 - 4 bed, 2 bath

2424 S Lake Avenue, Ontario, California 91761 home-pic-0
ACTIVE$720,000
2424 S Lake Avenue, Ontario, California 91761
4Beds
2Baths
1,695Sqft
7,200Lot

Price Vs. Estimate

The estimated value ($720,000) is $0 (0%) 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 = 7200, living area = 1695.
Top Cons:
Age of Property: Built in 1978, the underlying structure and major systems (e.g., plumbing, electrical, HVAC) are over 45 years old, despite cosmetic upgrades, which may require future maintenance or replacement.

Compared to the nearby listings

Price:$720.0K vs avg $758.5K ($-38,549)36%
Size:1,695 sqft vs avg 1,889 sqft40%
Price/sqft:$425 vs avg $39960%

More Insights

Built in 1978 (47 years old).
Condition: This property, built in 1978, has undergone extensive and high-quality renovations, making it move-in ready. The kitchen is fully updated with modern white shaker cabinetry, quartz countertops, stainless steel appliances, and recessed lighting. Both bathrooms are tastefully remodeled with contemporary finishes and upgraded fixtures. New wood-look laminate flooring and fresh paint are present throughout. While the visible areas are of excellent quality, the property's underlying structure and major systems (e.g., HVAC, plumbing, electrical) are likely original to the 1978 build, as noted in the property analysis, and may be nearing or past their expected lifespan. This prevents an 'Excellent' rating, but the significant and recent cosmetic and functional upgrades firmly place it in the 'Good' category.
Year Built
1978
Close
-
List price
$720K
Original List price
$750K
Price/Sqft
$425
HOA
-
Days on market
-
Sold On
-
MLS number
CV25181298
Home ConditionGood
Features
Good View: City Lights
ViewCity Lights

About this home

Welcome to 2424 S Lake Ave, a beautifully upgraded 4-bedroom, 2-bathroom home offering 1,695 sq ft of stylish living space, all set on a spacious 7,200 sq ft lot in one of Ontario’s most desirable neighborhoods. Step inside and be impressed by the modern, open-concept floorplan, designed for today's lifestyle. The fully updated kitchen features sleek cabinetry, quartz countertops, stainless steel appliances, and a spacious island—perfect for cooking and entertaining. Both bathrooms have been tastefully remodeled with contemporary finishes, including designer tile, upgraded vanities, and premium fixtures. Enjoy an abundance of natural light, fresh paint, and updated flooring throughout, creating a warm and welcoming atmosphere in every room. The spacious primary suite offers comfort and privacy with an en-suite bathroom and generous closet space. Outside, the large backyard offers endless potential—ideal for family gatherings! The oversized lot provides room to grow while maintaining privacy and comfort. Located just minutes from top-rated schools, shopping, dining, and convenient freeway access, this home blends modern living with unbeatable location. ? Don’t miss your chance to own this upgraded beauty at 2424 S Lake Ave – Ontario’s hidden gem!

Condition Rating
Good

This property, built in 1978, has undergone extensive and high-quality renovations, making it move-in ready. The kitchen is fully updated with modern white shaker cabinetry, quartz countertops, stainless steel appliances, and recessed lighting. Both bathrooms are tastefully remodeled with contemporary finishes and upgraded fixtures. New wood-look laminate flooring and fresh paint are present throughout. While the visible areas are of excellent quality, the property's underlying structure and major systems (e.g., HVAC, plumbing, electrical) are likely original to the 1978 build, as noted in the property analysis, and may be nearing or past their expected lifespan. This prevents an 'Excellent' rating, but the significant and recent cosmetic and functional upgrades firmly place it in the 'Good' 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 = 7200, living area = 1695.
Extensive Modern Upgrades: The home boasts a beautifully upgraded interior with a modern, open-concept floorplan, fully updated kitchen with quartz countertops and stainless steel appliances, and tastefully remodeled bathrooms with contemporary finishes, offering a move-in ready experience.
Desirable Location & Accessibility: Situated in one of Ontario’s most desirable neighborhoods, the property offers unbeatable convenience, being just minutes from top-rated schools, shopping, dining, and major freeway access.
Spacious & Versatile Lot: The generous 7,200 sq ft oversized lot provides a large backyard with endless potential for family gatherings and future expansion, ensuring privacy and comfort.
Abundant Natural Light & Fresh Aesthetics: The interior benefits from an abundance of natural light, fresh paint, and updated flooring throughout, creating a warm and welcoming atmosphere.
City Lights View: The property offers a desirable 'City Lights' view, adding to its aesthetic appeal and potential value.

Cons

Age of Property: Built in 1978, the underlying structure and major systems (e.g., plumbing, electrical, HVAC) are over 45 years old, despite cosmetic upgrades, which may require future maintenance or replacement.
Recent Price Reduction: The property has seen a recent price reduction from $750,000 to $720,000, which could indicate initial overpricing or a slower market response, potentially raising questions for buyers.
Unspecified HVAC Updates: While general upgrades are mentioned, the description does not specify if the HVAC system has been updated or if a modern cooling system is in place, which could be a concern in California's climate.

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