1025 N Tippecanoe 221, San Bernardino, California 92410, San Bernardino, 92410 - 1 bed, 1 bath
Loading property details...
San Bernardino, California 92410
This Strong Value Opportunity is a 1-bedroom Condominium listed at $182,000—positioned well below the $167,126 Fair Market Value by -8%. While the property is currently tenant-occupied, providing immediate rental income, its Condition Rating of 4 indicates that cosmetic updates to the kitchen and bath will maximize long-term appreciation. Featuring central air conditioning and a private deck, this asset offers a stable entry point into the San Bernardino market. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable, income-generating property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1025 N Tippecanoe 221 Subject | $182,000* List Price | 1 | 1 | 708 | $236 | - |
A 1025 N Tippecanoe 151 Sold | $220,000 | 2 | 2 | 906 | $243 | 0.0 mi |
B 1025 N Tippecanoe 238 Sold | $185,000 | 2 | 2 | 906 | $204 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987 (37+ years old), the property falls into the >20y category. While it features updated laminate flooring and appears well-maintained for a tenant-occupied unit, the overall aesthetic—including the 1980s-style brick fireplace and vertical blinds—is dated and likely requires kitchen/bath updates to meet modern standards.
Listed at $182,000, this property offers an exceptionally affordable entry point into the Southern California real estate market, ideal for first-time buyers or budget-conscious investors.
The inclusion of central air conditioning is a significant value-add for the San Bernardino climate, ensuring year-round comfort and increasing tenant desirability.
The property is currently tenant-occupied, providing immediate rental income for an investor and eliminating the initial vacancy period typically associated with new acquisitions.
With only one bedroom and 708 square feet of living area, the property's appeal is restricted to individuals or couples, limiting the potential pool of future buyers or renters.
The $334 monthly association fee is relatively high compared to the listing price, which may impact the overall cash flow for investors and the debt-to-income ratio for buyers.
Nice 1 bedroom 1 bath with central air conditioning. Tenant occupied. Call for exciting details.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 708 | 1,150 |
| Lot Size | - | 1,312 |
| Price | $182.0K | $289.8K |
| Price per sq ft | $257 | $276 |
| Built year | 1987 | 1980 |
| HOA | $334.0 | $392 |
| Days on market | 6 | 82 |
Jul 16, 2026
$182,000
Initial Listing
Mar 31, 2022
$176,000
Public Record
May 13, 2016
$60,500
Public Record
Aug 21, 2009
$33,000
Public Record