1007 S Magnolia Avenue, Ontario, California 91762, Ontario, 91762 - 2 bed, 1 bath
ACTIVE$1,099,000
1007 S Magnolia Avenue, Ontario, California 91762
2Beds
1Bath
1,200Sqft
20,250Lot
Price Vs. Estimate
The estimated value ($1,037,066.645) is $61,933.355 (5%) lower than the list price ($1,099,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20250, living area = 1200.
Top Cons:
Age-Related Maintenance: As a 1914 build, the property may require ongoing maintenance and potential upgrades to older systems (e.g., plumbing, electrical, HVAC) that are not explicitly mentioned as updated.
Compared to the nearby listings
Price:$1.10M vs avg $756.0K (+$343,000)95%
Size:1,200 sqft vs avg 1,830.5 sqft12%
Price/sqft:$916 vs avg $41299%
More Insights
Built in 1914 (111 years old).
Condition: Despite being built in 1914, this property has undergone extensive and modern interior renovations, making it move-in ready. Both the main house and ADU kitchens feature contemporary grey/white shaker cabinets, quartz/granite countertops, subway tile backsplashes, and stainless steel appliances. The main house bathroom is also updated with a modern vanity and fixtures. Consistent wood-look tile flooring and recessed lighting throughout contribute to a fresh, updated feel. While the visible components are in excellent condition, the property's age and the lack of explicit details regarding major system overhauls (e.g., HVAC, plumbing, electrical beyond lighting) prevent an 'Excellent' rating, as some age-related maintenance may still be a factor.
Year Built
1914
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$916
HOA
-
Days on market
-
Sold On
-
MLS number
OC25235165
Home ConditionGood
Features
Patio
ViewNeighborhood
About this home
Enjoy the Ontario lifestyle in this fabulous 2 bedroom plus den/office/possible third bedroom, 2 bath home. Built in 1914 with a clean and well-planned 1420 SQFT floorplan, his beautiful historic single family home is situated on a large lot with a detached 1 bedroom/1 bathroom ADU. Don't miss this great opportunity!
Condition Rating
Good
Despite being built in 1914, this property has undergone extensive and modern interior renovations, making it move-in ready. Both the main house and ADU kitchens feature contemporary grey/white shaker cabinets, quartz/granite countertops, subway tile backsplashes, and stainless steel appliances. The main house bathroom is also updated with a modern vanity and fixtures. Consistent wood-look tile flooring and recessed lighting throughout contribute to a fresh, updated feel. While the visible components are in excellent condition, the property's age and the lack of explicit details regarding major system overhauls (e.g., HVAC, plumbing, electrical beyond lighting) prevent an 'Excellent' rating, as some age-related maintenance may still be a factor.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20250, living area = 1200.
Income Potential / Flexibility: The property includes a detached 1 bedroom/1 bathroom ADU, offering significant potential for rental income, multi-generational living, or a dedicated home office/guest suite.
Generous Lot Size: Situated on a large 20,250 SQFT lot, providing ample outdoor space, privacy, and potential for future landscaping or expansion.
Historic Character: Built in 1914, the property possesses unique historic charm and architectural details that distinguish it from newer constructions.
Versatile Main House Layout: The main home offers a flexible 2-bedroom plus den/office (possible 3rd bedroom) and 2-bathroom floorplan, adapting to various lifestyle needs.
Overall Capacity: Combined, the main house and ADU provide a substantial 3-4 bedrooms and 3 bathrooms, suitable for larger families or those seeking additional living arrangements.
Cons
Age-Related Maintenance: As a 1914 build, the property may require ongoing maintenance and potential upgrades to older systems (e.g., plumbing, electrical, HVAC) that are not explicitly mentioned as updated.
Lack of Detailed Renovation Information: The description is brief and does not specify recent major renovations or the current condition of critical components, which could lead to unforeseen expenses for buyers.
SQFT Discrepancy: There is an inconsistency between the listed SQFT (1200) and the description's stated floorplan (1420 SQFT), which could create confusion and requires clarification.