
San Bernardino, California 92408
This Entry-Level Residential Asset is listed at $365,000, representing a competitive entry point into the San Bernardino City Unified district. While the price is positioned above the $337,107 Fair Market Value, the property offers significant value-add potential through its 6,000-square-foot lot, which is ideal for an Accessory Dwelling Unit (ADU) or future expansion. Currently holding a Condition Rating of 4, the 1944-built home features a functional 752-square-foot layout and a Neighborhood View. This acquisition is a strategic choice for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance property with long-term expansion upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1188 E 2nd Subject | $365,000* List Price | 2 | 1 | 752 | $448 | - |
A 885 San Jacinto Sold | $262,500 | 2 | 1 | 712 | $369 | 0.9 mi |
B 868 E Rialto Avenue Pending | $385,000 List Price | 2 | 1 | 676 | $570 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1944, this property is aged but appears maintained through occasional updates. The kitchen features older dark cabinetry paired with more recent stainless steel appliances and ceramic tile flooring likely installed 15-20 years ago. While functional and move-in ready for some, the home shows signs of being outdated, particularly in the exterior trim and outbuildings, and the listing acknowledges aging infrastructure that may require future modernization.
Priced at $365,000, this property represents a highly accessible entry point into the Southern California real estate market, ideal for first-time buyers or investors seeking a low-cost acquisition.
The 6,000-square-foot lot provides significant outdoor space relative to the home's footprint, offering ample room for potential expansions, gardening, or the addition of an Accessory Dwelling Unit (ADU).
The compact 752-square-foot single-story layout is designed for practical living and minimal upkeep, making it an excellent option for downsizers or those seeking a manageable lifestyle.
With only 752 square feet of living space, the interior may feel cramped for families or individuals requiring dedicated space for a home office or guest room.
Constructed in 1944, the property may necessitate significant capital investment to modernize older systems, such as electrical, plumbing, or insulation, to meet current standards.
Charming single-story house built in 1944, this cozy home offers two bedrooms and one bathroom, 752 square feet of living space. Priced at $365,000 it presents an attractive opportunity for first time buyers, down sizers, or investors seeking a well-located property with classic character. The layout is compact and practical, with a straightforward floorplan that encourages easy living and low/maintenance upkeep.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 39% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 752 | 1,242 | 26% |
| Lot Size | 6,000 | 6,750 | 35% |
| Price | $365.0K | $495.0K | 22% |
| Price per sq ft | $485 | $369 | 78% |
| Built year | 1944 | 1986 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 163 | 9% |
Mar 18, 2026
$365,000
Initial Listing
Jun 16, 2009
$33,500
Public Record
Feb 27, 2003
$105,000
Public Record