902 S Hope Avenue, Ontario, California 91761, Ontario, - bed, bath

home-pic
ACTIVE$599,990
902 S Hope Avenue, Ontario, California 91761
3Beds
2Baths
1,507Sqft
5,418Lot
Year Built
1946
Close
-
List price
$600K
Original List price
$667K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IV25189885
Home ConditionFair
Features
ViewNeighborhood

About this home

Unique Updated Home with ADU Potential! Welcome to this updated home featuring fresh interior paint and stylish laminate flooring throughout. Go into a spacious living room that offers a warm and inviting atmosphere, perfect for relaxing or entertaining. At the heart of the home, the kitchen and dining area create a seamless space for gathering, complete with convenient access to the backyard—ideal for indoor-outdoor living. The privately situated primary bedroom offers a peaceful retreat with its own en suite bathroom for added comfort. Outside, the detached garage presents a fantastic opportunity for an ADU conversion, adding value and versatility to the property. With ample space and vision, the backyard offers endless potential to create your own outdoor oasis. Don't miss out on this home with exciting future possibilities!

Price History

Date
Event
Price
08/23/25
Price Change
$599,990
08/22/25
Listing
$667,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (178 Listings)
Beds34
41%
Baths23
41%
Square foot1,5071,772
34%
Lot Size5,4185,675
47%
Price$600K$753K
9%
Price per square foot$398$412
45%
Built year19461988
2%
HOA
Days on market75174
9%
Condition Rating
Fair

Built in 1946, this home has received recent cosmetic updates including fresh paint and some laminate flooring. However, the kitchen features outdated white appliances, basic cabinets, and countertops. Bathrooms are clean but have very basic, dated fixtures and tile. The presence of window AC units instead of central air conditioning indicates an outdated cooling system. While functional and maintained, the property requires significant aesthetic and system updates to meet current quality and comfort standards.
Pros & Cons

Pros

ADU Conversion Potential: The detached garage offers a clear opportunity for an Accessory Dwelling Unit (ADU) conversion, significantly increasing property value and versatility for rental income or multi-generational living.
Recent Cosmetic Updates: Fresh interior paint and stylish laminate flooring throughout provide a modern, move-in ready aesthetic, reducing immediate buyer expenses.
Functional Layout & Indoor-Outdoor Flow: A spacious living room and a seamless kitchen/dining area with convenient backyard access are ideal for entertaining and comfortable daily living.
Private Primary Suite: The privately situated primary bedroom with its own en suite bathroom offers a desirable retreat and added comfort for homeowners.
Competitive Pricing: Currently listed below the estimated market value, presenting a strong value proposition and potential for immediate equity for savvy buyers.

Cons

Age of Property: Built in 1946, the home may have original systems (e.g., plumbing, electrical, HVAC) that could require future maintenance or upgrades not explicitly covered by the cosmetic updates.
Recent Price Reduction: A significant price drop from the original listing price could suggest previous overpricing or challenges in attracting offers, potentially raising buyer questions about market appeal.
Generic View: While the property 'has a view,' it is described as 'Neighborhood,' indicating a lack of premium views (e.g., city lights, mountains, water) that could enhance desirability and value.

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