1066 49th, San Bernardino, California 92407, San Bernardino, 92407 - 2 bed, 1 bath
ACTIVE$190,000
1066 49th, San Bernardino, California 92407
2Beds
1Bath
1,271Sqft
9,715Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9715, living area = 1271.
Top Cons:
Significant Development Investment: As a 'builder's special' and 'blank canvas,' the property requires substantial capital investment, planning, and time for construction to realize its full potential.
Compared to the nearby listings
Price:$190.0K vs avg $595.0K ($-405,000)1%
Size:1,271 sqft vs avg 1,793 sqft20%
Price/sqft:$149 vs avg $3241%
More Insights
Built in 1980 (45 years old).
Condition: The property, built in 1980, is explicitly marketed as a 'BUILDER’S SPECIAL' and a 'rare blank canvas' for development. The images provided clearly show a severely damaged, likely fire-damaged, structure that is completely gutted, charred, and filled with debris, rendering it uninhabitable and unsafe. There are no functional kitchens or bathrooms visible. The property's value is solely in the land for redevelopment, aligning perfectly with the 'tear-down' criteria.
Year Built
1980
Close
-
List price
$190K
Original List price
$200K
Price/Sqft
$149
HOA
-
Days on market
-
Sold On
-
MLS number
SW25245847
Home ConditionTear down
Features
View-
About this home
BUILDER’S SPECIAL - Unlock the potential of this flat, 9,000+ sqft infill lot located in a rapidly growing pocket of North San Bernardino. Zoned for single or multi-unit development, this site is perfect for a builder looking for their next project in a high-demand rental and resale market. The lot already includes existing slab/foundation areas, utilities alley access, and a layout that allows for efficient site planning. Whether you’re building ADUs, a duplex/triplex, or a modern single-family with additional income units — this is a rare blank canvas.
Nearby schools
4/10
Newmark Elementary School
Public,•K-6•0.3mi
5/10
Little Mountain Elementary
Public,•K-6•0.6mi
10/10
Hillside Elementary School
Public,•K-6•0.9mi
3/10
Shandin Hills Middle School
Public,•6-8•0.8mi
5/10
Cajon High School
Public,•9-12•0.3mi
Condition Rating
Tear down
The property, built in 1980, is explicitly marketed as a 'BUILDER’S SPECIAL' and a 'rare blank canvas' for development. The images provided clearly show a severely damaged, likely fire-damaged, structure that is completely gutted, charred, and filled with debris, rendering it uninhabitable and unsafe. There are no functional kitchens or bathrooms visible. The property's value is solely in the land for redevelopment, aligning perfectly with the 'tear-down' criteria.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9715, living area = 1271.
Great Schools: Elementary School: Hillside Elementary School (10/10).
Development Flexibility: Zoned for single or multi-unit development (ADUs, duplex/triplex, or single-family with income units), offering diverse project options for builders.
Generous Lot Size: A flat, 9,715 sqft infill lot provides ample space for significant development and allows for efficient site planning.
Existing Infrastructure: The lot includes existing slab/foundation areas and utilities alley access, which can potentially streamline development and reduce initial setup costs.
High-Demand Market: Located in a rapidly growing pocket of North San Bernardino with a high-demand rental and resale market, indicating strong investment potential.
Recent Price Adjustment: A recent price reduction from $200,000 to $190,000 offers increased value and a more attractive acquisition opportunity for investors.
Cons
Significant Development Investment: As a 'builder's special' and 'blank canvas,' the property requires substantial capital investment, planning, and time for construction to realize its full potential.
Holding Costs & No Immediate Income: The property will incur holding costs (taxes, insurance, utilities) during the development phase without generating immediate rental or resale income.
Condition of Existing Structure: The existing 1980 structure (2 beds, 1 bath, 1271 sqft) is likely a tear-down or requires extensive renovation, adding to project complexity and cost rather than providing immediate habitable value.