
San Bernardino, California 92410
This property presents a High-Potential Investment Opportunity with a List Price of $385,000—positioned well below the $352,206 Fair Market Value by -9%. Given the Fair Condition Rating and 1948 vintage, the home requires significant capital improvements to modernize aging infrastructure. However, the large 6,955 sqft lot and detached garage offer excellent potential for an ADU conversion or expansion. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a full-scale renovation to maximize long-term rental yield.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1060 Myrtle Drive Subject 1 bd · 1 ba · 926 sqft · $380 | $385,000* List Price | 1 | 1 | 926 | $380 | - |
A 24976 7th Street Sold 2 bd · 1 ba · 960 sqft · $349 · 0.7 mi | $335,000 | 2 | 1 | 960 | $349 | 0.7 mi |
B 1155 Belvan Avenue Sold 3 bd · 2 ba · 1,214 sqft · $309 · 0.2 mi | $375,000 | 3 | 2 | 1,214 | $309 | 0.2 mi |
C 8030 Cooley Street Active 2 bd · 1 ba · 672 sqft · $461 · 0.8 mi | $310,000 List Price | 2 | 1 | 672 | $461 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1948 (>75 years old) with no mention of recent renovations to major systems, kitchen, or baths. The exterior shows significant cracking in the driveway and dated stucco/trim. Given the age and lack of documented updates, the property likely requires a full rehab to address safety, structural modernization, and outdated interiors.
The property sits on a substantial 6,955 sqft lot featuring a large covered patio, providing significant outdoor living space and potential for future expansion or landscaping.
The separate detached single-car garage offers versatile functionality, serving as secure parking, additional storage, or a potential candidate for an ADU conversion.
The single-level floor plan provides an accessible and low-maintenance lifestyle, appealing to a wide range of buyers from first-time homeowners to those looking to downsize.
With only one bedroom and one bathroom, the home has a niche market appeal that may exclude families or buyers requiring dedicated home office space.
Built in 1948, the property may require capital improvements to modernize aging systems and ensure compliance with current energy efficiency standards.
Single story home with a Separate Detached Single car garage, with large covered patio.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 926 | 1,362.551 |
| Lot Size | 6,955 | 7,424.257 |
| Price | $385.0K | $520.9K |
| Price per sq ft | $416 | $374 |
| Built year | 1948 | 1956 |
| HOA | $0 | $121 |
| Days on market | 8 | 61 |
Oct 16, 2026
$385,000
Initial Listing
Aug 2, 2000
$85,000
Public Record
Mar 1, 2000
$35,000
Public Record
Sep 30, 1998
$80,918
Public Record
Sep 24, 1997
$74,000
Public Record
May 29, 1997
$33,000
Public Record