1206 W 7th, San Bernardino, California 92411, San Bernardino, 92411 - 5 bed, 2 bath
ACTIVE$595,000
1206 W 7th, San Bernardino, California 92411
5Beds
2Baths
2,152Sqft
6,100Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: Property features two separate houses on one lot, providing excellent income potential for investors or owner-occupants.
Top Cons:
Restricted Access: "Drive-by only" status and tenant occupancy severely limit interior inspections, creating uncertainty regarding property condition.
Compared to the nearby listings
Price:$595.0K vs avg $575.0K (+$20,000)67%
Size:2,152 sqft vs avg 1,791 sqft83%
Price/sqft:$276 vs avg $30750%
More Insights
Built in 1938 (87 years old).
Condition: Built in 1938, this property is 86 years old with no indication of recent major renovations. The 'drive-by only' status and lack of interior photos prevent assessment of kitchen, bathroom, and other critical interior conditions. However, given its age and the explicit mention in the property analysis that it 'likely requires updates to systems and aesthetics,' it's highly probable that major systems (electrical, plumbing, HVAC) and interior finishes are significantly outdated and require substantial repairs and rehabilitation to meet current standards.
Year Built
1938
Close
-
List price
$595K
Original List price
$599K
Price/Sqft
$276
HOA
-
Days on market
-
Sold On
-
MLS number
GD25236462
Home ConditionPoor
Features
View-
About this home
Two separate houses on the same lot. Ideal property for investors or owner-occupants looking to offset their mortgage with rental income. FHA and zero-down programs welcome. Front home: Approx. 1,002 sq ft, 3 bed / 1 bath. Rear home: Approx. 1,150 sq ft, 2 bed / 1 bath. Each home has its own private front and back yard. Separate gas and electric meters. Both tenants are month-to-month for added flexibility. Current rents are below market rates, presenting a potential opportunity for increased rental income. This is a drive-by only listing—please do not disturb tenants. Call for more exciting details or to discuss financing options.
Condition Rating
Poor
Built in 1938, this property is 86 years old with no indication of recent major renovations. The 'drive-by only' status and lack of interior photos prevent assessment of kitchen, bathroom, and other critical interior conditions. However, given its age and the explicit mention in the property analysis that it 'likely requires updates to systems and aesthetics,' it's highly probable that major systems (electrical, plumbing, HVAC) and interior finishes are significantly outdated and require substantial repairs and rehabilitation to meet current standards.
Pros & Cons
Pros
Income-Generating Duplex: Property features two separate houses on one lot, providing excellent income potential for investors or owner-occupants.
Value-Add Opportunity: Current rents are significantly below market rates, offering immediate upside for increased rental income upon lease adjustments.
Flexible Tenancy: Both units are occupied by month-to-month tenants, allowing for immediate rent adjustments or owner occupancy flexibility.
Independent Utilities: Each home benefits from separate gas and electric meters, simplifying tenant billing and property management.
Accessible Financing: The property is eligible for FHA and zero-down programs, broadening its appeal to a wider range of potential buyers.
Cons
Restricted Access: "Drive-by only" status and tenant occupancy severely limit interior inspections, creating uncertainty regarding property condition.
Property Age: Built in 1938, the property likely requires updates to systems and aesthetics, potentially incurring significant renovation costs.
Unknown Interior Condition: The inability to conduct interior viewings means the exact condition of the units is unknown, posing a risk for unforeseen repairs or upgrades.