1255 W 5th, San Bernardino, California 92411, San Bernardino, 92411 - 0 bed, 0 bath
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San Bernardino, California 92411
This triplex presents a High-Potential Investment Opportunity with a List Price of $470,000—positioned slightly above the $462,405 Fair Market Value. While requiring a full rehab due to its Condition Rating of 5, the property offers significant value-add potential through its versatile unit mix and rare parking assets, including a two-car garage and two single-bay garages. Its strategic location near the 215 freeway ensures strong rental demand for a workforce-tenant base. This asset is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1255 W 5th Subject | $470,000* List Price | 0 | 0 | 1,766 | $262 | - |
A 1206 W West 7th Active | $589,000 List Price | 0 | 0 | 2,152 | $274 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1910, this 114-year-old property shows significant signs of deferred maintenance and age. The listing explicitly states it 'needs some work,' and visual evidence of window AC units suggests a lack of modern central HVAC systems. Given the age and description, the electrical, plumbing, and interior finishes likely require a full rehab to meet modern standards.
This triplex features a desirable unit mix consisting of a large 3-bedroom, 2-bath front unit and two 1-bedroom, 1-bath rear units, offering flexibility for owner-occupants or high-yield rental strategies.
The property boasts rare parking assets for a multi-family site, including a two-car garage, two single-bay garages, and a large front lot, providing significant convenience and value for multiple tenants.
Positioned with immediate access to the 215 freeway and situated near a high concentration of local businesses, the property is ideally located for a workforce-tenant base seeking easy transit.
Built in 1910 and explicitly noted as needing work, the property likely requires substantial capital investment to address deferred maintenance and modernize aging systems.
The proximity to the freeway and surrounding commercial businesses may result in elevated noise levels and a less secluded residential atmosphere, which could impact long-term tenant retention.
Triplex, needs some work but with lots of potential. This property has easy access to the 215 freeway and is in an area with a lot of businesses around it. The property is one building with 3 separate units in it, units A, B and C and there is 1 2 car garage and two single bay garages at the back of the lot with lots of extra parking at the front of the lot. Property has some block wall fencing and a small yard area for the front 3 bedroom 2 bath unit, back units are 1 bed and 1 bath each
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 | 1,766 | 2,580 |
| Lot Size | 7,950 | 10,617 |
| Price | $470.0K | $618.7K |
| Price per sq ft | $266 | $295 |
| Built year | 1910 | 1955 |
| HOA | $0 | $0 |
| Days on market | 33 | 102 |
Jun 19, 2026
$470,000
Initial Listing
Jun 15, 2011
$140,000
Public Record
Oct 1, 2010
$115,000
Public Record
Feb 24, 2005
$280,000
Public Record
Dec 14, 2004
$187,000
Public Record
Mar 25, 2002
$60,000
Public Record