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304 E Cedar St, Ontario, California 91761, Ontario, 91761 - 3 bed, 2 bath

304 E Cedar St, Ontario, California 91761 home-pic-0
ACTIVE$650,000
304 E Cedar St, Ontario, California 91761
3Beds
2Baths
1,125Sqft
7,442Lot

Price Vs. Estimate

The estimated value ($553,324.83) is $96,675.17 (14%) lower than the list price ($650,000). This property may be overpriced.

Key pros and cons

Top Pros:
Investment Potential: Clearly marketed as a 'fixer-upper with endless potential' and an 'investor opportunity,' appealing to those seeking value-add projects.
Top Cons:
Extensive Renovation Required: Explicitly described as a 'fixer-upper' needing 'a bit of TLC,' indicating significant updates and repairs are necessary.

Compared to the nearby listings

Price:$650.0K vs avg $758.5K ($-108,549)15%
Size:1,125 sqft vs avg 1,889 sqft8%
Price/sqft:$578 vs avg $39992%

More Insights

Built in 1976 (49 years old).
Condition: Built in 1976, this property is 48 years old. The MLS description explicitly labels it a 'Fixer-Upper' requiring 'TLC' and 'personal touch,' indicating a need for substantial rehabilitation. Images reveal a dated and worn interior with old tile flooring, dirty walls, and an outdated brick fireplace. While a 'solid foundation' is mentioned, the overall condition suggests major cosmetic and functional updates are needed throughout, including likely full renovations of the kitchen and bathrooms (which are not pictured but can be inferred from the age and visible wear).
Year Built
1976
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$578
HOA
-
Days on market
-
Sold On
-
MLS number
IG25214496
Home ConditionPoor
Features
View-

About this home

Fixer-Upper with Endless Potential! 3 Bed | 2 Bath | Investor Opportunity Calling all investors, flippers, and first-time buyers looking to add their personal touch! This 3-bedroom, 2-bathroom home is full of potential and waiting for your vision. With a bit of TLC, this property could truly shine — whether you're looking to renovate and resell, rent out, or create your dream home. The spacious layout offers a solid foundation, and the large backyard is a standout feature — perfect for a future pool, entertaining space, garden, or a peaceful backyard oasis of your own design. Located in a convenient neighborhood close to shops, schools, and easy freeway access, this home offers both value and location. Don't miss this opportunity to bring your ideas and transform this property into something special. Priced to sell — this one won’t last!

Condition Rating
Poor
Built in 1976, this property is 48 years old. The MLS description explicitly labels it a 'Fixer-Upper' requiring 'TLC' and 'personal touch,' indicating a need for substantial rehabilitation. Images reveal a dated and worn interior with old tile flooring, dirty walls, and an outdated brick fireplace. While a 'solid foundation' is mentioned, the overall condition suggests major cosmetic and functional updates are needed throughout, including likely full renovations of the kitchen and bathrooms (which are not pictured but can be inferred from the age and visible wear).
Pros & Cons

Pros

Investment Potential: Clearly marketed as a 'fixer-upper with endless potential' and an 'investor opportunity,' appealing to those seeking value-add projects.
Generous Lot Size: Features a 'large backyard' (7,442 sqft) offering significant potential for expansion, a pool, landscaping, or an outdoor living space.
Strategic Location: Situated in a 'convenient neighborhood' with easy access to shops, schools, and major freeways, enhancing its long-term desirability.
Solid Structural Foundation: The description notes a 'spacious layout' and 'solid foundation,' suggesting good bones for renovation and customization.
Broad Buyer Appeal: Attracts a wide range of buyers including investors, flippers, and first-time homeowners looking to personalize their property.

Cons

Extensive Renovation Required: Explicitly described as a 'fixer-upper' needing 'a bit of TLC,' indicating significant updates and repairs are necessary.
Dated Systems/Finishes: Built in 1976, the property likely retains original or older systems and finishes, necessitating substantial investment for modernization.
Additional Costs & Time: Buyers must factor in considerable financial investment and time for renovations beyond the purchase price, which may deter some buyers.

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