
San Bernardino, California 92411
This property represents a Strong Value Opportunity, listed at $509,900—positioned well above the $484,562 Fair Market Value by -5%. Featuring a 3-bedroom main house, a rear bedroom/bathroom, and a fully detached studio, this Good Condition asset offers significant income-generation potential. The versatile layout is ideal for multi-generational living or rental revenue. While the 1957 infrastructure requires standard maintenance, the move-in ready interior provides immediate utility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, income-producing property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1220 W Victoria Subject | $509,900* List Price | 3 | 2 | 1,268 | $382 | - |
A 1287 W 8th Sold | $485,000 | 4 | 1 | 1,181 | $411 | 0.2 mi |
B 588 N Pico Avenue Sold | $422,000 | 3 | 2 | 1,326 | $318 | 0.3 mi |
C 1495 W W 10th Street Sold | $512,000 | 3 | 2 | 1,170 | $438 | 0.6 mi |
D 1424 W 9th Sold | $435,000 | 3 | 1 | 1,050 | $414 | 0.4 mi |
E 1854 Cleveland Sold | $500,000 | 4 | 2 | 1,172 | $427 | 0.9 mi |
F 1288 W 11th Sold | $412,995 | 3 | 1 | 1,186 | $348 | 0.6 mi |
G 1488 W. 7th Street Sold | $506,000 | 4 | 2 | 1,292 | $392 | 0.4 mi |
H 1165 Magnolia Avenue Sold | $460,000 | 3 | 1 | 1,070 | $430 | 1.0 mi |
I 1526 W 8th Active | $500,000 List Price | 3 | 2 | 1,055 | $474 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1957, the property has undergone significant updates including newer laminate flooring and the installation of modern mini-split HVAC systems. The interior appears well-maintained and move-in ready, meeting the criteria for a 5-15 year renovation cycle despite the original age of the structure.
The property features a main house, an additional rear bedroom/bathroom, and a fully detached studio, offering significant opportunities for rental income or multi-generational living.
With multiple independent living spaces, the property provides exceptional flexibility for guest suites, home offices, or private quarters tailored to various lifestyle needs.
Described as being in good condition, the home offers a move-in ready environment that minimizes the immediate need for the costly renovations often associated with mid-century builds.
Accommodating three separate living components on a 5,600 square foot lot significantly restricts private outdoor space and may result in a congested feel.
Built in 1957, the property may have original utility systems and structural components that could require ongoing maintenance or modernization compared to newer homes.
Charming San Bernardino Home with Multiple Income Opportunities Beautiful home in good condition featuring 3 bedrooms and 2 bathrooms in the main house. The property also includes an additional private bedroom and bathroom located at the rear of the property, providing added flexibility and privacy. In addition, there is a separate, fully independent studio with 1 bedroom and 1 bathroom, completely detached from the main house. This additional living space offers an excellent opportunity for rental income, a guest suite, or extended family. Conveniently located near parks, schools, shopping, and everyday amenities. Don’t miss this excellent opportunity to own a home with additional independent living spaces and potential rental income!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,268 | 1,336.28 |
| Lot Size | 5,600 | 7,410.822 |
| Price | $509.9K | $519.7K |
| Price per sq ft | $402 | $377 |
| Built year | 1957 | 1955 |
| HOA | $0 | $121 |
| Days on market | 20 | 61 |
Aug 20, 2026
$509,900
Initial Listing
Oct 22, 2014
$180,000
Public Record
Jun 6, 2014
$101,500
Public Record
Jun 29, 1994
$54,000
Public Record