1125 E 40th, San Bernardino, California 92404, San Bernardino, 92404 - 3 bed, 1 bath
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San Bernardino, California 92404
Analysis of 1125 E 40th, San Bernardino, California 92404 is currently available with a list price of $696,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the San Bernardino Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1912, this property is marketed primarily as an investment and development opportunity rather than a move-in ready home. The listing analysis explicitly states the structure requires significant capital expenditure for modernization and repairs, and the focus on land subdivision suggests the existing residence needs substantial rehabilitation to meet contemporary living standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 90475, living area = 1796.
The expansive 90,475 sqft lot across two adjacent parcels offers a rare opportunity for subdivision or the construction of additional residential units in an established neighborhood.
Conveniently located near the 210 and 215 freeways and minutes from Wildwood Park, the property provides excellent accessibility for residents and high demand for future development.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =90475, other record lot size in square feet = 5300.
With the original home built in 1912, the property likely requires significant capital expenditure for modernization and repairs to meet contemporary living standards.
The potential for subdivision and expansion is subject to city zoning and building requirements, which may involve complex approval processes and additional costs.
Prime San Bernardino Investment Opportunity - Dual Parcel with Subdivision Potential Rare Multi-Lot Opportunity! Discover a unique real estate prospect in an established San Bernardino neighborhood. This sale of a current rental property includes two adjacent parcels (APN: 0155-461-23 and 0155-461-24), offering a variety of development potential. The combined acreage and dual-parcel configuration present a compelling possibility to subdivide the land. This could allow for additional residential units. While the layout is ideal for expansion or subdivision, prospective buyers are advised to confirm all zoning, lot line adjustments, and building requirements directly with the City of San Bernardino. Conveniently located near the 210 and 215 freeways, and just minutes from local schools, shopping, and Wildwood Park. Whether you intend to renovate the existing home while developing the second lot, or explore a full subdivision project, this dual-lot offering is a standout for those looking to maximize their return on investment in a high-demand area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 24% |
| Square foot | 1,796 | 1,363 | 76% |
| Lot Size | 90,475 | 8,100 | 99% |
| Price | $696.0K | $525.0K | 95% |
| Price per sq ft | $388 | $373 | 54% |
| Built year | 1912 | 1954 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 59 | 184 | 5% |
May 30, 2026
$696,000
$746,000
-7% Price Drop
Initial Listing
Apr 8, 2026
$746,000
Initial Listing
Apr 9, 2010
$205,000
Public Record