1190 W 7th, San Bernardino, California 92411, San Bernardino, 92411 - 3 bed, 1 bath
ACTIVE$270,000
1190 W 7th, San Bernardino, California 92411
3Beds
1Bath
786Sqft
3,416Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Investment Opportunity: The property is explicitly marketed as 'a perfect project for a savvy investor,' indicating significant potential for value addition through renovation and resale or rental.
Top Cons:
As-Is Condition: The property is being sold 'literally AS IS,' which strongly suggests that significant repairs, renovations, and upgrades are required, increasing the buyer's upfront investment and risk.
Compared to the nearby listings
Price:$270.0K vs avg $440.0K ($-170,000)4%
Size:786 sqft vs avg 1,100 sqft15%
Price/sqft:$344 vs avg $38331%
More Insights
Built in 1920 (105 years old).
Condition: Built in 1920, this property is over 100 years old and shows no evidence of major renovations in the past 50 years. The interior images reveal extreme disrepair, including exposed wiring, bare subfloors, severely damaged walls, and outdated fixtures, rendering the property unlivable in its current condition. The description 'AS IS' and 'perfect project for a savvy investor' further confirm that the property requires extensive work, likely beyond repair, with its value primarily in the land.
Year Built
1920
Close
-
List price
$270K
Original List price
$299K
Price/Sqft
$344
HOA
-
Days on market
-
Sold On
-
MLS number
IG25248162
Home ConditionTear down
Features
View-
About this home
A perfect project for a savvy investor! This property is being sold literally "AS IS" - This single story home is in an established neighborhood in San Bernardino. Ideal opportunity a 2 bedroom 1 bath. Title shows as 3 bedroom, buyers to do their due diligence. Conveniently located with easy freeway access and the Metrolink is also close by.
Condition Rating
Tear down
Built in 1920, this property is over 100 years old and shows no evidence of major renovations in the past 50 years. The interior images reveal extreme disrepair, including exposed wiring, bare subfloors, severely damaged walls, and outdated fixtures, rendering the property unlivable in its current condition. The description 'AS IS' and 'perfect project for a savvy investor' further confirm that the property requires extensive work, likely beyond repair, with its value primarily in the land.
Pros & Cons
Pros
Investment Opportunity: The property is explicitly marketed as 'a perfect project for a savvy investor,' indicating significant potential for value addition through renovation and resale or rental.
Strategic Location: Conveniently located with easy freeway access and close proximity to the Metrolink, offering excellent connectivity for commuters and access to amenities.
Established Neighborhood: Situated in an established neighborhood in San Bernardino, which typically implies stability, existing infrastructure, and a sense of community.
Recent Price Adjustment: The listing price has been reduced from $299,000 to $270,000, presenting a more attractive entry point and potential for a better deal for buyers.
Single-Story Layout: As a single-story home, it offers broad appeal, including accessibility for various demographics and potentially simpler maintenance compared to multi-level properties.
Cons
As-Is Condition: The property is being sold 'literally AS IS,' which strongly suggests that significant repairs, renovations, and upgrades are required, increasing the buyer's upfront investment and risk.
Age of Property: Built in 1920, the home is over a century old, likely indicating outdated systems (plumbing, electrical, HVAC) and potential for costly maintenance or necessary replacements.
Bedroom Count Discrepancy: There is a discrepancy between the property's actual layout (2 bedrooms) and what title shows (3 bedrooms), requiring buyers to conduct due diligence which could complicate financing or future resale.