1206 W West 7th, San Bernardino, California 92411, San Bernardino, 92411 - 0 bed, 0 bath
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San Bernardino, California 92411
This property presents a High-Potential Investment Opportunity with a List Price of $640,000—positioned well above the $619,819 Fair Market Value by 3%. While the property requires capital for modernization due to its Fair Condition Rating, the Dual Detached Units on a 6,100 sq ft lot offer significant Rental Upside through market-rate adjustments. With FHA and zero-down financing eligibility, this asset is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage house-hacking to offset mortgage costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1206 W West 7th Subject | $640,000* List Price | 0 | 0 | 2,152 | $288 | - |
A 1255 W 5th Active | $470,000 List Price | 0 | 0 | 1,766 | $266 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1938 (>80 years old) with no mention of recent renovations to kitchens, bathrooms, or major systems (HVAC/Electric). The 'drive-by only' restriction and below-market rents typically indicate significant deferred maintenance and a need for interior rehabilitation to meet modern standards.
The property features two fully detached homes on a single lot, offering superior privacy for tenants and enhancing the overall appeal compared to traditional shared-wall duplexes.
With current rents below market rates and both tenants on month-to-month agreements, there is a clear opportunity for investors to immediately increase cash flow and ROI.
The property is eligible for FHA and zero-down payment programs, making it highly accessible for owner-occupants looking to house-hack or first-time investors.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2152, other record living area = 1014.
The 'drive-by only' restriction and inability to disturb tenants make it difficult for buyers to assess the interior condition and potential repair costs before making an offer.
Built in 1938, the property may require significant capital expenditures for updates to aging electrical, plumbing, and structural systems to meet modern standards.
Call for exciting details. Seller concessions available. Two fully detached homes on one lot, separated by a wall. FHA and zero-down programs welcome. First house: Approx. 1,002 sq ft, 3 bed / 1 bath. Second house: Approx. 1,150 sq ft, 2 bed / 1 bath, plus an extra room. Each home has its own private front and back yard. Separate gas and electric meters. Both tenants are month-to-month. 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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,152 | 2,580 |
| Lot Size | 6,100 | 10,617 |
| Price | $640.0K | $618.7K |
| Price per sq ft | $297 | $295 |
| Built year | 1938 | 1955 |
| HOA | $0 | $0 |
| Days on market | 6 | 102 |
Jul 16, 2026
$640,000
Initial Listing
Apr 12, 2022
$518,000
Public Record
Jul 30, 2010
$150,000
Public Record
Nov 25, 2009
$70,000
Public Record
Apr 2, 2007
$375,000
Public Record