
San Bernardino, California 92405
This Value-Add Triplex Investment is listed at $550,000, presenting a multi-unit asset within the 274 - San Bernardino area. The property is positioned relative to a $404,188 Fair Market Value, a valuation reflecting its Condition Rating of 5 and the necessity for extensive rehabilitation. While the reported 2,252 square feet offers a significant footprint for reconfiguration, the 1925 structure requires remediation of deferred maintenance to reach market standards. This acquisition provides a clear path for forced appreciation, making it an ideal project for Fix-and-Flip Investors and Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1314 N E Subject | $550,000* List Price | 0 | 0 | 2,252 | $179 | - |
A 1415 N Sierra Sold | $648,000 | 0 | 0 | 2,496 | $260 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1925, this property exhibits significant deferred maintenance and physical damage. Interior images show large holes in the drywall, broken window panes, exposed wiring, and outdated, poorly maintained wall-mounted cooling units, indicating a need for substantial rehabilitation and system upgrades.
As a triplex, this property offers a versatile investment opportunity for rental income generation or a house-hacking strategy for an owner-occupant.
Listed at $550,000, the property provides a relatively low entry cost for a multi-family asset in the Southern California market, appealing to budget-conscious investors.
With 2,252 square feet of total living space, the units likely offer functional and spacious layouts that are attractive to long-term tenants.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2252, other record living area = 1404.
Built in 1925, the property may require significant capital expenditures for updates to aging infrastructure, such as plumbing, electrical, and roofing systems.
Situated in a high-density area of San Bernardino, the property may face higher management intensity and slower historical appreciation compared to neighboring suburban markets.
Exceptional opportunity in San Bernardino. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,252 | 2,252 | 50% |
| Lot Size | 6,317 | 7,750 | 14% |
| Price | $550.0K | $649.0K | 14% |
| Price per sq ft | $244 | $331 | 14% |
| Built year | 1925 | 1939 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 213 | 14% |
Mar 18, 2026
$550,000
Initial Listing
Apr 20, 2011
$89,000
Public Record