304 E Cedar St, Ontario, California 91761, Ontario, 91761 - 3 bed, 2 bath
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Ontario, California 91761
This Value-Add Investor Asset is listed at $650,000, representing a strategic acquisition opportunity in the Ontario-Montclair district. While positioned above the $556,813 Fair Market Value, the property offers significant potential for forced appreciation through a comprehensive renovation. Currently holding a Condition Rating of 5, the 1976-built home features High Available Lot Utilization on a 7,442 sqft lot, providing ample space for ADU development or footprint expansion. With a functional 3-bedroom layout and a private patio, this project is perfectly suited for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 304 E Cedar St Subject | $650,000* List Price | 3 | 2 | 1,125 | $496 | - |
A 554 E Fairfield Court Sold | $550,000 | 3 | 2 | 1,196 | $460 | 0.6 mi |
B 1512 S Pleasant Avenue Sold | $575,000 | 3 | 1 | 968 | $594 | 0.6 mi |
C 1223 S Plum Avenue Sold | $620,000 | 2 | 1 | 924 | $671 | 0.9 mi |
D 1218 S Sultana Avenue A Sold | $710,000 | 4 | 2 | 1,371 | $518 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is explicitly marketed as a 'Fixer-Upper' and 'Investor Opportunity,' signaling that it requires substantial repairs and rehabilitation. Built in 1976, the home appears to have mostly original features with significant physical depreciation, including dated kitchen cabinetry, old appliances, and worn flooring. The listing's emphasis on 'TLC' and 'potential' for flippers suggests that major systems and cosmetic elements are at the end of their functional lifespan and require a full renovation to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7442, living area = 1125.
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!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 2.0 | 3.0 | 37% |
| Square foot | 1,125 | 1,889 | 12% |
| Lot Size | 7,442 | 5,417.5 | 87% |
| Price | $650.0K | $760.0K | 17% |
| Price per sq ft | $578 | $391 | 90% |
| Built year | 1976 | 1993 | 15% |
| HOA | $0 | $85 | 46% |
| Days on market | 224 | 188 | 70% |
Sep 10, 2025
$650,000
Initial Listing