3636 Oak Creek Drive B, Ontario, California 91761, Ontario, 91761 - 1 bed, 1 bath
ACTIVE UNDER CONTRACT$249,500
3636 Oak Creek Drive B, Ontario, California 91761
1Bed
1Bath
340Sqft
340Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strategic Location: The property boasts a prime location with excellent access to the 60 and 15 freeways, Ontario International Airport, and major employment hubs, appealing to commuters and professionals.
Top Cons:
Limited Living Space: With only 340 square feet, the studio offers minimal living area, which may not suit all buyer preferences or long-term needs.
Compared to the nearby listings
Price:$249.5K vs avg $572.9K ($-323,424)2%
Size:340 sqft vs avg 1,501 sqft2%
Price/sqft:$734 vs avg $37899%
More Insights
Built in 1986 (39 years old).
Condition: The property, built in 1986, is described as 'move-in ready' and appears well-maintained, but the interior finishes are significantly dated. The kitchen features original-style light wood cabinets, white laminate countertops, and older white appliances, along with a dated fluorescent ceiling light. The living area has carpet and an older-style ceiling fixture, and cooling is provided by a wall-mounted AC unit rather than central air. While functional and clean, these elements show clear signs of being outdated and would require minor updates to meet current aesthetic standards, aligning with the 'fair' condition criteria.
Year Built
1986
Close
-
List price
$250K
Original List price
$250K
Price/Sqft
$734
HOA
$335
Days on market
-
Sold On
-
MLS number
CV25181621
Home ConditionFair
Features
Good View: Mountain(s), Neighborhood
Deck
Pool
Spa
ViewMountain(s), Neighborhood
About this home
Don’t miss this excellent opportunity for a first-time buyer or investor! This upper-level studio is move-in ready and perfect for generating rental income. Features include a kitchen, bathroom, in-unit laundry area, and a 1-car detached garage. Enjoy resort-style amenities with an Olympic-size swimming pool, spa, tennis courts, and a park area. Prime location near the 60 and 15 freeways, Ontario International Airport, and major employment hubs—this one will go fast!
Nearby schools
4/10
Creek View Elementary School
Public,•K-5•0.3mi
6/10
Grace Yokley Middle School
Public,•6-8•0.7mi
6/10
Colony High School
Public,•9-12•0.2mi
Condition Rating
Fair
The property, built in 1986, is described as 'move-in ready' and appears well-maintained, but the interior finishes are significantly dated. The kitchen features original-style light wood cabinets, white laminate countertops, and older white appliances, along with a dated fluorescent ceiling light. The living area has carpet and an older-style ceiling fixture, and cooling is provided by a wall-mounted AC unit rather than central air. While functional and clean, these elements show clear signs of being outdated and would require minor updates to meet current aesthetic standards, aligning with the 'fair' condition criteria.
Pros & Cons
Pros
Strategic Location: The property boasts a prime location with excellent access to the 60 and 15 freeways, Ontario International Airport, and major employment hubs, appealing to commuters and professionals.
Exceptional Community Amenities: Residents benefit from resort-style amenities including an Olympic-size swimming pool, spa, tennis courts, and a park area, enhancing lifestyle and property appeal.
Investment & First-Time Buyer Opportunity: Explicitly marketed as an excellent opportunity for first-time buyers or investors, with strong potential for generating rental income.
Key Unit Features: The unit includes valuable features such as an in-unit laundry area and a 1-car detached garage, which are significant advantages for a studio condominium.
Move-in Ready Condition: The studio is described as move-in ready, reducing immediate renovation costs and effort for a new owner or tenant.
Cons
Limited Living Space: With only 340 square feet, the studio offers minimal living area, which may not suit all buyer preferences or long-term needs.
High Monthly Association Fee: The $335 monthly association fee is substantial for a studio unit, potentially impacting affordability and net rental income for investors.
Condominium Restrictions: As a condominium, ownership comes with HOA rules and regulations, potential for special assessments, and less control over property modifications compared to a single-family home.