538 W F Street, Ontario, California 91762, Ontario, 91762 - 3 bed, 2 bath
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538 W F Street
Ontario, California 91762
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,310Sq Ft
7,714Lot Size
Property Price
LIST PRICE$699,900
EST. MARKET VALUE
$694,132
SUMMARY
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $699,900—positioned slightly above the $694,132 Fair Market Value. While priced at market, the property features a Good Condition Rating with extensive capital improvements, including a newer HVAC, roof, and solar. The oversized lot and detached 4-car garage offer significant potential for an ADU conversion, providing a unique path to forced appreciation. This home balances modern efficiency with versatile space, making it an ideal acquisition for Owner-Occupants seeking long-term value or Buy-and-Hold Investors.
Estimated Market Value
$694,132
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 |
|---|---|---|---|---|---|---|
★ 538 W F Street Subject | $699,900* List Price | 3 | 2 | 1,310 | $530 | - |
A 537 W F Street Sold | $680,000 | 3 | 2 | 1,212 | $561 | 0.0 mi |
B 924 W E Sold | $675,000 | 3 | 2 | 1,254 | $538 | 0.5 mi |
C 739 W E Street Sold | $690,000 | 4 | 2 | 1,541 | $448 | 0.3 mi |
D 955 W G Street Sold | $725,000 | 3 | 2 | 1,412 | $513 | 0.6 mi |
E 1053 W Princeton Street Sold | $680,000 | 3 | 2 | 1,199 | $567 | 1.0 mi |
F 708 W H Sold | $785,000 | 3 | 2 | 1,499 | $524 | 0.3 mi |
G 1217 W Vesta Sold | $690,000 | 4 | 2 | 1,356 | $509 | 1.0 mi |
H 1339 N Euclid Sold | $755,000 | 3 | 2 | 1,312 | $575 | 0.9 mi |
I 635 W H Active | $680,000 List Price | 3 | 2 | 1,179 | $577 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1952, the property is in move-in ready condition with significant recent capital improvements to major systems, including a newer roof, HVAC, upgraded electrical panel, and tankless water heater. The interior features new luxury vinyl plank flooring and fresh paint. While the kitchen cabinetry and layout appear to be a well-maintained refresh rather than a total modern gut renovation, the overall maintenance and system updates place it firmly in the Good category.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Modern Upgrades
The home features extensive recent improvements including a newer roof, HVAC system, dual-pane windows, and updated electrical, ensuring a move-in-ready experience with minimized immediate maintenance.
- ADU & Workshop Potential
An oversized detached 4-car garage with its own electrical subpanel provides a rare opportunity for a workshop, studio, or conversion into an Accessory Dwelling Unit (ADU) for rental income.
- Energy Efficiency
Equipped with solar panels at a low monthly lease, a tankless water heater, and updated insulation, the property is optimized for lower utility costs and environmental sustainability.
CONSRISKS & DEFICIENCIES
- Solar Lease Assumption
The solar system is under a lease agreement rather than being owned outright, which requires the buyer to qualify for and assume the monthly payment and contract terms.
- Mid-Century Footprint
Originally built in 1952, the 1,310-square-foot layout may feel more compartmentalized compared to modern open-concept designs, potentially limiting space for larger families.
About 538 W F Street
Welcome Home to this beautifully updated Ontario gem! From the moment you arrive, the inviting curb appeal and thoughtful upgrades set the stage for a home that is truly move-in ready. This wonderful property offers 3 spacious bedrooms and 2 FULL bathrooms, with extensive improvements throughout, including a newer roof, dual-pane windows, updated ducting and insulation, newer HVAC system with air conditioning and heating, tankless water heater, upgraded electrical panel, new luxury vinyl plank flooring, and fresh interior paint. Property also has SOLAR with very low monthly lease payment under $100. Situated on an oversized lot, the property offers abundant parking and an impressive detached garage with room for up to 4 vehicles. The garage features its own independent electrical subpanel and presents an incredible opportunity for conversion to an ADU, workshop, studio, or additional living space, subject to applicable city requirements. Outside, the generous lot provides plenty of room for entertaining, gardening, expansion, or simply enjoying the California lifestyle. Ideally located just minutes from shopping, dining, schools, major amenities, and convenient freeway access, this home combines comfort, versatility, and an exceptional location. A beautifully upgraded home with endless possibilities—this is an opportunity you will not want to miss!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1952
- Lot Size
- 7,714 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,310 | 1,780.319 |
| Lot Size | 7,714 | 7,032.331 |
| Price | $699.9K | $742.2K |
| Price per sq ft | $534 | $433 |
| Built year | 1952 | 1979 |
| HOA | $0 | $167 |
| Days on market | 11 | 54 |
Pricing History
Listed for Sale
Aug 29, 2026
$699,900
Initial Listing
Sold
Apr 30, 2014
$310,000
Public Record
Sold
Sep 12, 2002
$197,500
Public Record