1115 S Washington Avenue, San Bernardino, California 92408, San Bernardino, 92408 - 3 bed, 2 bath
ACTIVE$475,000
1115 S Washington Avenue, San Bernardino, California 92408
3Beds
2Baths
1,358Sqft
7,500Lot
Price Vs. Estimate
The estimated value ($438,728.61) is $36,271.39 (7%) lower than the list price ($475,000). This property may be overpriced.
Key pros and cons
Top Pros:
Versatile Zoning & Mixed-Use Potential: The property's unique zoning for both residential and commercial/office use offers exceptional flexibility for diverse buyer needs, from owner-occupancy to business ventures.
Top Cons:
Age of Construction: Built in 1960, the property is older and may necessitate updates to its systems (e.g., electrical, plumbing, HVAC) and interior finishes to align with contemporary standards.
Compared to the nearby listings
Price:$475.0K vs avg $497.5K ($-22,500)32%
Size:1,358 sqft vs avg 1,312.5 sqft50%
Price/sqft:$350 vs avg $37236%
More Insights
Built in 1960 (65 years old).
Condition: Built in 1960, this property is aged but appears to be maintained. The kitchen and bathrooms are significantly outdated with older cabinets, countertops, and fixtures, requiring substantial renovation to meet modern standards. The property lacks central air conditioning, relying on window units and an evaporative cooler, which is a major outdated system. While some areas have newer laminate flooring, the overall condition indicates a need for significant cosmetic updates and system upgrades, aligning with the 'Fair' category's description of being aged, functional but outdated, and requiring minor updates or repairs.
Year Built
1960
Close
-
List price
$475K
Original List price
$500K
Price/Sqft
$350
HOA
-
Days on market
-
Sold On
-
MLS number
IV25042085
Home ConditionFair
Features
Good View: Mountain(s), Neighborhood
Patio
ViewMountain(s), Neighborhood
About this home
This charming 3-bedroom, 1.5-bathroom fully fenced property is a fantastic opportunity for residential buyers looking for a home with incredible potential in a rapidly evolving area. Whether you're searching for a cozy residence or an investment with future growth potential, this property offers flexibility and convenience. Located near San Bernardino International Airport and major freeways (210, 215, 10), commuting and accessibility are a breeze. But that’s not all, this property is also zoned for commercial and office use, making it an excellent option for those looking to capitalize on both residential living and business opportunities. Don’t miss out on this unique chance to secure a versatile property in a high-demand location! Buyer to verify all potential uses.
Condition Rating
Fair
Built in 1960, this property is aged but appears to be maintained. The kitchen and bathrooms are significantly outdated with older cabinets, countertops, and fixtures, requiring substantial renovation to meet modern standards. The property lacks central air conditioning, relying on window units and an evaporative cooler, which is a major outdated system. While some areas have newer laminate flooring, the overall condition indicates a need for significant cosmetic updates and system upgrades, aligning with the 'Fair' category's description of being aged, functional but outdated, and requiring minor updates or repairs.
Pros & Cons
Pros
Versatile Zoning & Mixed-Use Potential: The property's unique zoning for both residential and commercial/office use offers exceptional flexibility for diverse buyer needs, from owner-occupancy to business ventures.
Strategic Location & Accessibility: Its prime location near San Bernardino International Airport and major freeways (I-10, I-210, I-215) provides excellent connectivity and ease of commute.
Strong Investment & Growth Opportunity: Positioned in a 'rapidly evolving area' with 'future growth potential,' this property presents a compelling long-term investment prospect.
Enhanced Privacy & Security: Being 'fully fenced' adds a significant layer of privacy and security, appealing to both residential and commercial users.
Scenic Views: Enjoyable mountain and neighborhood views contribute to the property's aesthetic appeal and overall living/working environment.
Cons
Age of Construction: Built in 1960, the property is older and may necessitate updates to its systems (e.g., electrical, plumbing, HVAC) and interior finishes to align with contemporary standards.
Limited Bathroom Configuration: The 1.5-bathroom layout, as stated in the description, might be a limiting factor for some 3-bedroom home buyers who typically prefer a higher full bathroom count.
Extensive Buyer Due Diligence: The explicit requirement for 'Buyer to verify all potential uses' implies a need for significant due diligence regarding zoning and permitted operations, which could be a hurdle for some buyers.