
San Bernardino, California 92408
This Value-Add Residential Asset lists at $475,000, currently priced above the $426,839 Fair Market Value. With a Condition Rating of 4, the property serves as an "empty canvas" for forced appreciation through modernization. The expansive 7,250 sqft lot provides High Available Lot Utilization, creating a prime opportunity for ADU or pool construction. With local renovated comparables reaching $560,000, this project—featuring a unique architectural cross-gabled roof and bonus recreation room—offers a strategic acquisition for Fix-and-Flip Investors or Owner-Builders within the San Bernardino City Unified district.
Property is moderate renovation needed.
Built in 1960, this property is functional but shows clear signs of age and requires modernization. While there are some partial updates, such as stone countertops in the kitchen and a newer vanity and tile in the bathroom, the home retains dated popcorn ceilings, window-mounted AC units, and older cabinetry. The listing description characterizes the home as a 'transformation' project and an 'empty canvas,' suggesting that while it is livable, it needs significant cosmetic and system updates to meet contemporary standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7250, living area = 1118.
The generous 7,250 sqft lot offers an 'empty canvas' with ample space to construct an ADU, pool, or additional storage, providing significant value-add opportunities for investors or owner-builders.
In addition to the three bedrooms, the property features a bonus recreation room, offering versatile space that can be utilized as a home office, gym, or additional family area.
With only one full bathroom to serve three bedrooms and a bonus room, the layout may be restrictive for larger families or those looking for modern convenience.
Marketed as a transformation project, the home likely requires a substantial capital investment to modernize and repair, which may deter buyers looking for a move-in-ready property.
Welcome to this contemporary style home featuring an architectual cross-gabled roof, 3 bedrooms, bonus rec room, full bathroom, kitchen, living room, and a oversized backyard. This property is perfect for first-time home buyers, investors, or a owner-builder looking to construct on this empty canvas. With a lot sizable enough to build a pool/house, ADU, storage, recreational space and still have room for much more. Come and see how you can transform this house and make it your own. Before this opportunity is gone.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,118 | 1,186.5 | 45% |
| Lot Size | 7,250 | 6,750 | 64% |
| Price | $475.0K | $485.0K | 50% |
| Price per sq ft | $425 | $382 | 64% |
| Built year | 1960 | 1975 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 162 | 9% |
Mar 23, 2026
$475,000
Initial Listing
Dec 20, 2022
$355,000
Public Record
Jan 25, 2001
$65,000
Public Record
Nov 13, 2000
$40,000
Public Record
Mar 13, 1998
$76,500
Public Record