611 S Laurel Avenue, Ontario, California 91762, Ontario, 91762 - 4 bed, 1 bath
ACTIVE$650,000
611 S Laurel Avenue, Ontario, California 91762
4Beds
1Bath
1,250Sqft
6,090Lot
Price Vs. Estimate
The estimated value ($642,961.195) is $7,038.805 (1%) lower than the list price ($650,000). This property may be overpriced.
Key pros and cons
Top Pros:
ADU Potential: The property offers significant value-add potential with zoning for two units, allowing for the creation of an Accessory Dwelling Unit (ADU) in the garage, which can generate rental income or provide additional living space.
Top Cons:
Limited Bathroom Count: The property features only one bathroom for four bedrooms, which can be a significant functional drawback for families and may limit its appeal to a broader buyer pool.
Compared to the nearby listings
Price:$650.0K vs avg $751.0K ($-101,000)19%
Size:1,250 sqft vs avg 1,830.5 sqft15%
Price/sqft:$520 vs avg $41278%
More Insights
Built in 2003 (22 years old).
Condition: The property, built in 2003, is 21 years old and appears well-maintained and clean. However, the kitchen features dated oak cabinets and tile countertops, with a mix of newer stainless steel appliances and an older white range. The flooring is consistent tile throughout, which is durable but not a modern aesthetic. A significant functional drawback is having only one bathroom for four bedrooms. While move-in ready, the property requires substantial cosmetic updates, especially in the kitchen and bathroom, to align with current styles and improve functionality.
Year Built
2003
Close
-
List price
$650K
Original List price
$689K
Price/Sqft
$520
HOA
-
Days on market
-
Sold On
-
MLS number
CV25064794
Home ConditionFair
Features
ViewNeighborhood
About this home
This charming 4-bedroom, 1-bath home, built in 2003, boasts a bright and open-concept layout perfect for modern living. Whether hosting friends or spending quality time with family, you'll love the spacious and welcoming ambiance. Conveniently located just minutes from major freeways, fantastic restaurants, and exciting local attractions, this home is ideal for all your adventures. The backyard features beautifully grown avocado, orange, and lime trees, offering fresh delights right at your fingertips. One of the most exciting aspects of this property is its potential zoning for two units, unlocking incredible possibilities! Picture transforming the garage into a stylish Accessory Dwelling Unit (ADU) or creating a cozy space for loved ones, just confirm the options with the city.
Condition Rating
Fair
The property, built in 2003, is 21 years old and appears well-maintained and clean. However, the kitchen features dated oak cabinets and tile countertops, with a mix of newer stainless steel appliances and an older white range. The flooring is consistent tile throughout, which is durable but not a modern aesthetic. A significant functional drawback is having only one bathroom for four bedrooms. While move-in ready, the property requires substantial cosmetic updates, especially in the kitchen and bathroom, to align with current styles and improve functionality.
Pros & Cons
Pros
ADU Potential: The property offers significant value-add potential with zoning for two units, allowing for the creation of an Accessory Dwelling Unit (ADU) in the garage, which can generate rental income or provide additional living space.
Modern Construction & Layout: Built in 2003, this home features a relatively modern construction year and boasts a bright, open-concept layout, providing a spacious and welcoming ambiance desirable for contemporary living.
Convenient Location: Strategically located just minutes from major freeways, diverse restaurants, and local attractions, offering excellent accessibility and convenience for residents.
Mature Fruit Trees: The backyard is enhanced with established avocado, orange, and lime trees, providing fresh produce and adding aesthetic appeal and a unique amenity to the property.
Ample Bedrooms: With four bedrooms, the home offers generous living space, accommodating larger families or providing flexibility for home offices and guest rooms.
Cons
Limited Bathroom Count: The property features only one bathroom for four bedrooms, which can be a significant functional drawback for families and may limit its appeal to a broader buyer pool.
Recent Price Reductions: Multiple price reductions from the original list price suggest potential overpricing or a slower market response, which could raise buyer concerns about its true market value.
Lack of Noted Modern Updates: While built in 2003, the description does not highlight any recent renovations or high-end finishes, implying the interior may be in its original condition and could require updates to meet current buyer expectations.