
San Bernardino, California 92411
This property presents a High-Potential Investment Opportunity with a List Price of $395,000—positioned well below the $351,969 Fair Market Value by -12%. While the home requires significant rehabilitation given its Condition Rating of 5, the 6,750 sqft lot, 3-car carport, and large back patio provide a solid foundation for value-add renovations. Located in the San Bernardino City Unified district with proximity to universities, this asset is ideal for Fix-and-Flip Investors or Contractors capable of managing a short sale transaction.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1008 W 14th Subject | $395,000* List Price | 3 | 1 | 998 | $353 | - |
A 1541 W 16th Sold | $375,000 | 3 | 2 | 1,062 | $353 | 0.9 mi |
B 994 Magnolia Sold | $312,000 | 3 | 1 | 824 | $379 | 0.1 mi |
C 1509 Magnolia Ave Sold | $320,000 | 3 | 1 | 987 | $324 | 0.8 mi |
D 1455 N J Sold | $469,000 | 3 | 1 | 1,164 | $403 | 0.1 mi |
E 939 W 8th Active | $339,000 List Price | 3 | 1 | 844 | $402 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1953 (71 years old) with no recorded renovations, this property is explicitly listed as needing work and is a short sale. Visual evidence shows significant wear, dated materials, and neglect, suggesting that the kitchen, bathroom, and major systems likely require a full rehabilitation.
The property is ideally situated near shopping centers, entertainment venues, schools, and universities, with easy access to multiple freeways for convenient commuting.
Beyond the three bedrooms, the home features an extra room at the back and a large patio, offering versatile space for expansion or outdoor entertaining.
The inclusion of a three-car carport provides significant off-street parking capacity, which is a valuable asset for multi-vehicle households.
The listing explicitly states the home needs work, indicating that immediate investment in repairs and renovations will be necessary for the buyer.
As a short sale subject to lender approval, the transaction may involve a more complex and lengthy closing process compared to a standard sale.
3 bedrooms, 1 bathroom, living room, have and extra room on the back with a large back patio and car port for 3 cars. need work. This home have a good location, close to shopping centers, entertainment, schools, universities, easy access to different freeways. This property it's a SHORT SALE, all final conditions are subject to lender approval.
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 | 46% |
| Square foot | 998 | 1,120 | 31% |
| Lot Size | 6,750 | 7,200 | 31% |
| Price | $395.0K | $455.0K | 30% |
| Price per sq ft | $396 | $396 | 50% |
| Built year | 1953 | 1950 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 150 | 5% |
Jun 1, 2026
$395,000
Initial Listing
Mar 30, 2023
$421,000
Public Record
Jun 13, 2017
$181,000
Public Record
Oct 31, 2002
$82,000
Public Record