
San Bernardino, California 92411
This Value-Add Residential Asset is listed at $415,000, positioned near its $399,392 Fair Market Value. Holding a Condition Rating of 5, the property requires a comprehensive interior rehabilitation to address an incomplete kitchen and deferred maintenance. The 1,548 sqft layout offers a unique expanded master suite and a detached two-car garage, providing a solid foundation for forced appreciation. Located within the San Bernardino City Unified district, this property represents a strategic project for Fix-and-Flip Investors or Buy-and-Hold Investors seeking to unlock equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1079 Magnolia Avenue W Subject | $415,000* List Price | 3 | 2 | 1,548 | $258 | - |
A 1328 Vine Street Sold | $310,000 | 3 | 1 | 1,221 | $254 | 0.9 mi |
B 1634 Turrill Avenue Sold | $395,000 | 3 | 2 | 1,517 | $260 | 0.4 mi |
C 1287 W 8th Street Sold | $330,000 | 3 | 1 | 1,181 | $279 | 0.9 mi |
D 1509 Magnolia Ave Sold | $320,000 | 3 | 1 | 987 | $324 | 0.6 mi |
E 1444 Medical Center Sold | $479,000 | 3 | 2 | 1,390 | $345 | 0.9 mi |
F 1578 W Gilbert Active Under Contract | $430,000 List Price | 3 | 2 | 1,598 | $269 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Despite the listing description claiming the home is updated, the images reveal a property in need of significant rehabilitation. The kitchen is incomplete, missing a stove/oven and featuring makeshift wooden counter supports. The flooring throughout consists of heavily stained and worn carpeting, and there is visible damage to walls and baseboards in several rooms.
The strategic conversion from a four-bedroom to a three-bedroom layout has created a spacious, modernized master suite that offers significantly more comfort than typical homes of this vintage.
The property features a detached two-car garage complemented by a long driveway, providing generous space for multiple vehicles and additional storage, which is a high-demand asset.
Located with immediate access to the I-15 freeway and Baseline, this home offers an ideal balance of a quiet residential setting with exceptional convenience for daily commuters.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Built in 1924, the home's age may present challenges related to aging infrastructure and historical building standards that could require specialized maintenance over time.
While the expanded master is a luxury, the reduction in total bedroom count may limit the property's appeal to larger families or those requiring a dedicated fourth bedroom for an office.
Fabulous opportunity! This beautifully updated 3-bedroom, 2-bath home was originally a 4-bedroom and now features an expanded master suite for added comfort. Enjoy the convenience of indoor laundry and a detached two-car garage, with plenty of driveway parking .Located in the heart of San Bernardino, this home offers easy access to the I-15 freeway and Baseline, making commuting a breeze. Nestled in a quiet neighborhood, it's the perfect place for new homeowners to add their personal touch and make it their own.Don't miss out on this inviting home with great potential!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 1.0 | 53% |
| Square foot | 1,548 | 1,062.5 | 89% |
| Lot Size | 6,750 | 7,204 | 36% |
| Price | $415.0K | $427.5K | 44% |
| Price per sq ft | $268 | $387 | 9% |
| Built year | 1924 | 1950 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 159 | 2% |
Apr 16, 2026
$415,000
Initial Listing