1156 Ramona Avenue, San Bernardino, California 92411, San Bernardino, 92411 - 2 bed, 1 bath
ACTIVE$398,888
1156 Ramona Avenue, San Bernardino, California 92411
2Beds
1Bath
1,004Sqft
5,100Lot
Price Vs. Estimate
The estimated value ($202,099.525) is $196,788.475 (49%) lower than the list price ($398,888). This property may be overpriced.
Key pros and cons
Top Pros:
Exceptional Walkability: The property boasts an excellent walk score, being within walking distance to a grocery store and all levels of schooling (elementary, middle, and high schools), which is highly attractive to families.
Top Cons:
Significant Overpricing/Valuation Discrepancy: The list price of $398,888 is substantially higher than the estimated property value of $202,099.525, indicating a major pricing misalignment that will likely deter potential buyers and complicate financing.
Compared to the nearby listings
Price:$398.9K vs avg $440.0K ($-41,112)27%
Size:1,004 sqft vs avg 1,100 sqft42%
Price/sqft:$397 vs avg $39451%
More Insights
Built in 1947 (78 years old).
Condition: Built in 1947, this property is significantly aged (77 years old) with no indication of recent major renovations. The images reveal an unkempt exterior with security bars, worn concrete steps, and a cluttered, makeshift covered patio area, all pointing to substantial deferred maintenance. The property analysis explicitly states a 'likely need for significant updates to its systems (plumbing, electrical, HVAC), finishes, and overall modernization.' While no interior images of the kitchen or bathroom are provided, the overall condition and age strongly suggest these areas are outdated and require extensive rehabilitation to meet current standards. The large discrepancy between the listing price and estimated value further supports a 'poor' condition assessment, indicating the property's value is heavily impacted by its current state and the significant investment required for repairs and updates.
Year Built
1947
Close
-
List price
$399K
Original List price
$399K
Price/Sqft
$397
HOA
-
Days on market
-
Sold On
-
MLS number
CV25087344
Home ConditionPoor
Features
Patio
ViewNeighborhood
About this home
Great starter home, priced right for the family who wants to start building equity. Walking distance to grocery store, elementary, middle, and high schools.
Condition Rating
Poor
Built in 1947, this property is significantly aged (77 years old) with no indication of recent major renovations. The images reveal an unkempt exterior with security bars, worn concrete steps, and a cluttered, makeshift covered patio area, all pointing to substantial deferred maintenance. The property analysis explicitly states a 'likely need for significant updates to its systems (plumbing, electrical, HVAC), finishes, and overall modernization.' While no interior images of the kitchen or bathroom are provided, the overall condition and age strongly suggest these areas are outdated and require extensive rehabilitation to meet current standards. The large discrepancy between the listing price and estimated value further supports a 'poor' condition assessment, indicating the property's value is heavily impacted by its current state and the significant investment required for repairs and updates.
Pros & Cons
Pros
Exceptional Walkability: The property boasts an excellent walk score, being within walking distance to a grocery store and all levels of schooling (elementary, middle, and high schools), which is highly attractive to families.
Starter Home Potential: Explicitly marketed as a 'great starter home' for building equity, it targets first-time buyers looking for an accessible entry point into homeownership.
Established Neighborhood: Built in 1947, the home is situated in a mature and established neighborhood, often implying stable community, developed infrastructure, and tree-lined streets.
Manageable Size & Lot: With 1004 sqft on a 5100 sqft lot, it offers a comfortable living space and a decent-sized yard for outdoor activities or potential expansion without being overwhelming to maintain.
Neighborhood View: The property offers a pleasant neighborhood view, contributing to the overall living environment.
Cons
Significant Overpricing/Valuation Discrepancy: The list price of $398,888 is substantially higher than the estimated property value of $202,099.525, indicating a major pricing misalignment that will likely deter potential buyers and complicate financing.
Age and Potential for Deferred Maintenance: As a 1947 build, the property is likely to require significant updates to its systems (plumbing, electrical, HVAC), finishes, and overall modernization to meet contemporary standards and compete with more recently renovated homes in the area.
Limited Bedroom/Bathroom Count: The 2-bedroom, 1-bathroom configuration offers less space and flexibility compared to many modern homes or even some comparables, potentially limiting its appeal to larger families or those desiring additional rooms.