945 E 5th, Ontario, California 91764, Ontario, 91764 - 3 bed, 1 bath
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Ontario, California 91764
This property presents a High-Potential Investment Opportunity with a List Price of $599,999—positioned well below the $625,723 Fair Market Value by 4%. This valuation gap offers $25,724 in Instant Equity for buyers. While currently holding a Condition Score of 4, the 6,695 sqft corner lot and detached garage provide significant value-add potential through an ADU conversion. Located in the Ontario-Montclair district with city light views, this asset is a strategic play for Fix-and-Flip Investors or Owner-Occupants looking to force appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 945 E 5th Subject | $599,999* List Price | 3 | 1 | 1,386 | $446 | - |
A 1149 Caroline Court E Sold | $605,000 | 4 | 2 | 1,260 | $480 | 0.4 mi |
B 1126 E E Street Sold | $595,000 | 3 | 2 | 1,137 | $523 | 1.0 mi |
C 1722 N Del Norte Sold | $598,000 | 4 | 2 | 1,350 | $443 | 0.7 mi |
D 821 N Alameda Sold | $600,000 | 3 | 2 | 1,154 | $520 | 0.7 mi |
E 741 E Hawthorne Street Sold | $618,000 | 3 | 2 | 1,475 | $419 | 0.3 mi |
F 1126 E Highland Court Active | $639,000 List Price | 3 | 2 | 1,327 | $482 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, this property is a classic fixer-upper that requires cosmetic updating throughout. While the exterior appears maintained, the listing explicitly targets investors and buyers looking to build equity through renovation, indicating that the kitchen, bathroom, and interior systems are likely outdated and have not undergone major renovations in over 20 years.
The property features a detached garage on a spacious corner lot, offering significant potential for an Accessory Dwelling Unit (ADU) to increase property value or generate rental income.
Priced below market value with a low tax rate, this home provides an excellent opportunity for buyers to build instant equity through strategic cosmetic improvements.
Situated on a generous 6,695 sqft corner lot, the property offers enhanced privacy, better curb appeal, and more flexible outdoor space compared to standard interior lots.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The home requires cosmetic renovations and updates throughout, which will necessitate an additional upfront budget and effort from the buyer to reach its full potential.
With three bedrooms but only one bathroom, the current layout may be less convenient for larger families and could impact the home's competitive appeal in the modern market.
Priced BELOW market value! 4 bedroom 2 bathroom !! This generously sized CORNER LOT home is all about LOCATION, SPACE, and UPSIDE. Set in a fantastic neighborhood in Ontario with Deetached garage for ADU possibilities! The layout and square footage are hard to beat! Yes, it needs some cosmetic updating, but that’s where the value is—bring your vision and make it your own! Perfect for buyers who want instant equity, investors looking for a solid play, or any buyers ready to customize a home in an unbeatable location. More photos coming soon—Low Tax Rate!! this one is worth the wait!! *Agents please read remarks.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 32% |
| Square foot | 1,386 | 1,324 | 56% |
| Lot Size | 6,695 | 7,194 | 35% |
| Price | $600.0K | $637.5K | 29% |
| Price per sq ft | $433 | $480 | 23% |
| Built year | 1954 | 1954 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 182 | 5% |
Mar 3, 2026
$599,999
Initial Listing
Feb 7, 2012
$139,000
Public Record
Dec 31, 2002
$190,000
Public Record
Jul 17, 1997
$76,000
Public Record