1094 Conejo Drive, San Bernardino, California 92410, San Bernardino, 92410 - 2 bed, 1 bath
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1094 Conejo Drive
San Bernardino, California 92410
ACTIVE
CONDITION: FAIR
2Beds
1Baths
1,140Sq Ft
14,640Lot Size
Property Price
LIST PRICE$535,000
EST. MARKET VALUE
$455,097
17% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $535,000—positioned well above the $455,097 Fair Market Value by -17%. While currently priced as a premium, the 14,640 sq. ft. lot offers significant ADU/JADU development potential for long-term value-add. Featuring a Fair Condition Rating and stable, long-term rental income, this asset is best suited for Buy-and-Hold Investors or Real Estate Developers focused on maximizing the utility of the oversized cul-de-sac lot.
Estimated Market Value
$455,097
Based on Realkey algorithm analyzing recent comparable sales in San Bernardino.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1094 Conejo Drive Subject 2 bd · 1 ba · 1,140 sqft · $399 | $535,000* List Price | 2 | 1 | 1,140 | $399 | - |
A 25015 Union Street Sold 3 bd · 1 ba · 933 sqft · $418 · 0.3 mi | $390,000 | 3 | 1 | 933 | $418 | 0.3 mi |
B 7649 Elm Street Active Under Contract 2 bd · 1 ba · 876 sqft · $455 · 0.8 mi | $398,999 List Price | 2 | 1 | 876 | $455 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1954, this 70-year-old property is functional and tenant-occupied but shows signs of deferred maintenance. While the exterior features some updates like dual-pane windows and a newer York HVAC condenser, the 'investor opportunity' branding and lack of interior photos suggest the kitchen and baths are dated (>20 years). The large lot and ADU focus indicate the value is primarily in the land and potential rather than the current structure's condition.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 14640, living area = 1140.
- Significant Development Potential
The oversized 14,640 sq. ft. lot provides ample space for future expansion, including the potential for an ADU or JADU, offering high upside for investors.
- Immediate Rental Income
The property is currently occupied by a long-term tenant who wishes to remain, providing a turnkey opportunity for immediate cash flow upon acquisition.
CONSRISKS & DEFICIENCIES
- Limited Living Configuration
The 2-bedroom, 1-bathroom layout is relatively small for the area, which may limit the appeal to larger families or buyers seeking more modern utility.
- Aging Infrastructure
Built in 1954, the property likely requires updates to its core systems and interior finishes to meet contemporary standards and maximize market value.
About 1094 Conejo Drive
CALLING ALL INVESTORS and/or families who need space to build on. Great investment opportunity located at 1094 Conejo Dr, San Bernardino, CA 92410, tucked away on a quiet cul-de-sac. The property is currently occupied by a long-term tenant paying good rent per month who would like to remain, if possible, offering potential immediate rental income for the new owner. The main house was extensively updated in 2023, including a new roof, updated electrical and plumbing, new flooring, a new water heater, a new HVAC system, and new exterior stucco and paint. The tenant is currently paying $2500 per month. Owner only covers trash and sewer $59 monthly Proposed ADU/JADU plans are attached in the MLS supplements for review. Buyer to independently verify permit status, plans, square footage, and development possibilities with the appropriate city departments. One of the biggest highlights is the generous 14,640 sq. ft. lot, providing plenty of space and exciting possibilities for future expansion. The oversized lot may offer potential for an ADU, JADU, additional living space, or other improvements, subject to buyer verification and applicable city requirements. Opportunities to find a cul-de-sac property with a lot of this size are hard to come by. Whether you're looking to add to your rental portfolio or explore the property's future development potential, don't miss this opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 14,640 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,140 | 1,362.551 |
| Lot Size | 14,640 | 7,424.257 |
| Price | $535.0K | $520.9K |
| Price per sq ft | $469 | $374 |
| Built year | 1954 | 1956 |
| HOA | $0 | $121 |
| Days on market | 21 | 61 |
Pricing History
Listed for Sale
Oct 3, 2026
$535,000
Initial Listing
Sold
Dec 4, 2020
$190,000
Public Record