
San Bernardino, California 92405
This Renovated Triplex Asset is a Strong Value Opportunity, listed at $685,000—positioned well below the $735,603 Fair Market Value by 6%. This valuation gap provides $50,603 in Instant Equity. Boasting a Condition Score of 2, the property features updated kitchens with stone countertops, new flooring, and a new roof. With significant upside via a garage-to-fourth-unit conversion, it offers built-in growth within the San Bernardino City Unified district. This is an optimal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1270 Genevieve Subject | $685,000* List Price | 4 | 3 | 2,030 | $362 | - |
A 1705 N Sierra Way Sold | $795,000 | 0 | 0 | 2,403 | $331 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1952, the property has undergone extensive recent renovations. The interiors feature new wide-plank laminate flooring, fresh grey and white paint, recessed lighting, and updated ceiling fans. The kitchens have been modernized with new cabinetry (both dark wood and white shaker styles) and stone countertops. Additionally, the roof was replaced approximately two years ago, and the overall condition appears move-in ready with no visible deferred maintenance.
The property offers significant upside with the built-in potential to convert the existing three-car garages into a fourth residential unit, maximizing future rental yield.
A new roof installed approximately two years ago reduces immediate maintenance concerns and provides long-term protection for the investment.
The combination of one and two-bedroom units, paired with private garage spaces and on-site laundry hookups, makes the property highly competitive in the local rental market.
The 'drive-by only' restriction prevents prospective buyers from assessing the interior condition of the units prior to making an offer, increasing initial investment risk.
Constructed in 1952, the property may require future updates to mid-century mechanical, electrical, or plumbing systems to meet modern efficiency standards.
Great investment opportunity! If you're looking for a clean, income-producing property with upside… this is it. Well-maintained triplex offers a unit mix of two 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit. There are three one car garages plus an additional storage closet. Roof was replaced about 2 years ago. Laundry hookups in one of the garages, extra on-site parking available. This solid addition has built-in growth potential to convert garages into a 4th unit. Ideal for both seasoned investors and owner-users looking to offset their mortgage with rental income. Drive by only, do not disturb occupants or attempt to walk the property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 0.0 | 71% |
| Baths | 3.0 | 0.0 | 86% |
| Square foot | 2,030 | 2,030 | 50% |
| Lot Size | 5,220 | 7,750 | 14% |
| Price | $685.0K | $650.0K | 57% |
| Price per sq ft | $337 | $333 | 57% |
| Built year | 1952 | 1951 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 213 | 14% |
Mar 24, 2026
$685,000
Initial Listing
May 4, 2017
$250,000
Public Record
Jul 31, 2013
$170,000
Public Record
Oct 11, 2006
$407,000
Public Record
Apr 11, 2003
$127,000
Public Record
Nov 3, 2000
$145,000
Public Record