1025 N Tippecanoe 221, San Bernardino, California 92410, San Bernardino, 92410 - 1 bed, 1 bath
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San Bernardino, California 92410
This Income-Generating Condominium is a strategic Asset listed at $179,000, aligning perfectly with its $179,000 Fair Market Value. Currently tenant-occupied, the property provides immediate cash flow and maintains a Condition Rating of 4, featuring functional updates and central air conditioning. Residents benefit from Mountain Views and a gated environment within the San Bernardino City Unified district, supporting long-term rental stability. This accessible entry point is an ideal acquisition for Buy-and-Hold Investors or first-time investors seeking a low-maintenance, value-stable addition to their portfolio.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1025 N Tippecanoe 221 Subject | $179,000* List Price | 1 | 1 | 708 | $253 | - |
A 1025 N Tippecanoe Avenue 222 Sold | $158,000 | 1 | 1 | 708 | $223 | - |
B 1025 N Tippecanoe 238 Sold | $185,000 | 2 | 2 | 906 | $204 | - |
C 1025 N Tippecanoe 151 Pending | $215,000 List Price | 2 | 2 | 906 | $237 | - |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987, this property is aged but appears well-maintained and functional. The kitchen features older white appliances, basic countertops, and dated fluorescent lighting, while the bathroom is clean but basic in style. The laminate flooring in the living areas is a positive update, but the overall aesthetic and key components like kitchen and bath show signs of being outdated, fitting the 'fair' category for requiring minor updates to meet current standards.
The property is explicitly listed as 'tenant occupied' and 'selling with tenant occupied only,' ensuring immediate cash flow for an investor without a vacancy period.
Equipped with central air conditioning, this unit offers a desirable amenity that enhances tenant comfort and property appeal, especially in warmer climates.
The property boasts 'Mountain(s)' views, adding an aesthetic appeal that can be a positive differentiator for tenants and potentially contribute to higher rental demand.
The property is marketed 'for investors only' and 'selling with tenant occupied only,' severely limiting the potential buyer pool by excluding owner-occupants and those seeking immediate possession.
A monthly association fee of $334.0 represents a substantial recurring expense that directly impacts the investment's net operating income and overall profitability.
While tenant-occupied, the listing lacks crucial details regarding the current lease terms, rent amount, or tenant history, introducing uncertainty for a prospective investor evaluating cash flow and tenant quality.
Nice one bedroom, central air conditioning, tenant occupied, Call for details
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 40% |
| Baths | 1.0 | 2.0 | 40% |
| Square foot | 708 | 906 | 40% |
| Lot Size | 708 | 708 | 50% |
| Price | $179.0K | $185.0K | 40% |
| Price per sq ft | $253 | $223 | 80% |
| Built year | 1987 | 1987 | 50% |
| HOA | $334.0 | $334 | 50% |
| Days on market | 79 | 194 | 20% |
Apr 4, 2026
$179,000
$181,000
-1% Price Drop
Initial Listing
Feb 28, 2026
$181,000
$189,000
-4% Price Drop
Initial Listing
Feb 2, 2026
$189,000
Initial Listing
Mar 31, 2022
$176,000
Public Record
May 13, 2016
$60,500
Public Record
Aug 21, 2009
$33,000
Public Record