945 E 5th, Ontario, California 91764, Ontario, 91764 - 3 bed, 1 bath

945 E 5th
Ontario, California 91764
Property Price
SUMMARY
Analysis of 945 E 5th, Ontario, California 91764 reveals a Prime Investment Opportunity with a current list price of $599,999—significantly undercutting the $625,723 Fair Market Value by 4%. This valuation gap indicates a +$25,724 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Ontario Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
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 | $451 | - |
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 1514 N Pleasant Avenue Sold | $599,000 | 3 | 2 | 1,298 | $461 | 0.6 mi |
D 741 E Hawthorne Street Sold | $618,000 | 3 | 2 | 1,475 | $419 | 0.3 mi |
E 1118 E 7th Street Sold | $627,000 | 3 | 2 | 1,500 | $418 | 0.5 mi |
F 1437 E I Street Sold | $550,000 | 4 | 2 | 1,200 | $458 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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looking to build equity through renovation, indicating that the kitchen, bathroom, and interior systems are likely outdated and have not undergone major renovations in over 20 years.
PROSSTRENGTHS & OPPORTUNITIES
- ADU Potential
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.
- Investment Value
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.
- Prime Corner Lot
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.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- Cosmetic Updating Required
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.
- Limited Bathroom Count
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.
About 945 E 5th
Priced BELOW market value! 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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 6,695 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 28% |
| Square foot | 1,386 | 1,341 | 54% |
| Lot Size | 6,695 | 7,132.5 | 38% |
| Price | $600.0K | $645.0K | 26% |
| Price per sq ft | $433 | $481 | 26% |
| Built year | 1954 | 1953 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 170 | 1% |
Pricing History
Listed for Sale
Mar 3, 2026
$599,999
Initial Listing
Sold
Feb 7, 2012
$139,000
Public Record
Sold
Dec 31, 2002
$190,000
Public Record
Sold
Jul 17, 1997
$76,000
Public Record
