1118 E 33rd St, San Bernardino, California 92404, San Bernardino, 92404 - 3 bed, 2 bath
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San Bernardino, California 92404
This Value-Add Residential Asset is listed at $419,999, positioned relative to its $373,514 Fair Market Value. The property offers significant forced appreciation potential given its Condition Rating of 5 and evident deferred maintenance. Key value-add features include a 120 sqft permitted studio, a backyard patio, and a detached garage with ADU potential on a generous 7,380 sqft lot featuring mountain views. Located within the Sierra Unified district, this asset provides immediate rental income options or a blank canvas for modernization. It is a strategic acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1118 E 33rd St Subject | $419,999* List Price | 3 | 2 | 936 | $399 | - |
A 5768 Chiquita Lane Sold | $445,000 | 3 | 2 | 1,071 | $415 | 0.9 mi |
B 3938 Conejo Sold | $450,000 | 3 | 1 | 1,109 | $406 | 0.8 mi |
C 2443 Roxbury Sold | $350,000 | 3 | 1 | 850 | $412 | 0.9 mi |
D 1123 E 29th Sold | $429,000 | 3 | 2 | 1,150 | $373 | 0.5 mi |
E 1241 Holly Vista Blvd Active | $480,000 List Price | 3 | 2 | 992 | $484 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954 with no evidence of recent major renovations. The property shows significant deferred maintenance, including a boarded-up window and peeling exterior stucco/paint. Kitchen and bathrooms are dated (30+ years), and the reliance on window AC units and portable space heaters indicates a lack of modern, functional central HVAC systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7380, living area = 936.
The property includes a 120 sqft permitted studio and a detached garage with high potential for ADU conversion, offering excellent opportunities for rental income or multi-generational living.
With a 7,380 sqft lot, the property provides a spacious backyard for outdoor entertaining, gardening, or future expansion, complemented by scenic mountain views.
At only 936 sqft for a 3-bedroom, 2-bathroom layout, the interior living areas and bedrooms may feel small or cramped for larger households.
Built in 1954, the property may require updates to major systems and cosmetic modernizations to meet contemporary energy efficiency and design standards.
Welcome to this inviting home in the heart of San Bernardino, offering a great opportunity for comfortable living and future potential. This property features a functional layout with spacious living areas filled with natural light, creating a warm and welcoming atmosphere from the moment you walk in. There is a 120su/ft permitted studio next to detached garage that can be used as an office or for business purposes. The detached garage can be converted to an ADU and offer high investing potential! Bedrooms are well-sized, offering flexibility for growing households, guests, or even a home office setup. Step outside to a generously sized yard with plenty of room to create your ideal outdoor space—whether it’s entertaining, gardening, or simply relaxing. Conveniently located near schools, shopping, dining, and major freeways, this home makes daily living easy and accessible. A great opportunity for first-time buyers, families, or investors looking to add value—don’t miss your chance to make this home your own! Currently rented to a tenant who can stay if you plan on renting it out or home can be sold vacant as well.
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 | 2.0 | 50% |
| Square foot | 936 | 1,335 | 11% |
| Lot Size | 7,380 | 8,250 | 31% |
| Price | $420.0K | $515.0K | 14% |
| Price per sq ft | $449 | $378 | 82% |
| Built year | 1954 | 1954 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 191 | 1% |
Apr 17, 2026
$419,999
Initial Listing
Oct 24, 2003
$141,000
Public Record