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Sold for $430,000 on 03/18/24
  • Listing Provided by: 

    Sarkis Ter-Minasyan DRE #02062179 sarkis@novagroup.la,

    Craft & Bauer Real Estate Co.,

    Lilit Ghalumian DRE #02096505,

    Craft & Bauer Real Estate Co.

    $430,000

    902 S Hope Ave, Ontario, CA 91761

    2beds
    1,000sqft
    Mixed Use
    Built in 1946
    5,396 Square Feet Lot
    $-- Zestimate®
    $430/sqft
    $3,085 Estimated rent

    What's special

    Opportunity Knocks! This unique property at 902 S Hope Ave in Ontario offers endless potential for the savvy investor or entrepreneur. Situated in a desirable neighborhood, this property is the only commercially zoned gem nestled among residential homes. Originally a store, this property has been converted into a single-family home, presenting an excellent opportunity for a creative transformation. With its tear-down condition and numerous code violations, it's a complete fixer-upper awaiting your vision and expertise. Featuring 2 bedrooms, 2 bathrooms, and approximately 1,000 square feet of space, this property boasts a spacious layout with plenty of potential. The detached garage adds versatility and is perfect for an ADU (Accessory Dwelling Unit), providing additional rental income or guest accommodation. The neighborhood is renowned for its charm and convenience, with parks nearby and a steady increase in rent values over the years. Recent developments in the area underscore its growing appeal and potential for future growth. While the property requires extensive renovation, there's opportunity abound. Some areas of the property may have permitted additions, offering a possible pathway to expedited improvements. Whether you're looking to create a mixed-use retail space or a unique single-family home, this property is primed for transformation. Don't miss out on this chance to make your mark in Ontario's thriving real estate market.

    Zillow last checked: 7 hours ago

    Listing updated: January 27, 2025 at 01:51pm

    Listing Provided by:

    Sarkis Ter-Minasyan DRE #02062179 sarkis@novagroup.la,

    Craft & Bauer Real Estate Co.,

    Lilit Ghalumian DRE #02096505,

    Craft & Bauer Real Estate Co.

    Bought with:

    Yidan Xu, DRE #01962079

    IRN Realty

    Source: CRMLS,MLS#: SB24029727MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • 3/4 bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Laundry: None
    Features
    • Unfinished Walls, All Bedrooms Down
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,000 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Garage
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front Door
    • Pool features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 5,396 sqft
    • Features: 0-1 Unit/Acre, Near Park, Rectangular Lot, Tear Down
    Details
    • Parcel number: 1049367110000
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Mixed Use
    Materials
    • Foundation: None
    Condition
    • Fixer,Repairs Major
    • New construction: No
    • Year built: 1946

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Street Lights, Sidewalks, Park
    Location
    • Region: Ontario

    Other

    Other facts
    • Listing terms: Cash
    Services availability
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