
San Bernardino, California 92411
This Single Family Residence represents a Strong Value Opportunity, listed at $415,000—positioned well below the $420,504 Fair Market Value by 1%. This valuation gap offers $5,504 in Instant Equity. Featuring a Fair Condition Rating, the home includes critical system upgrades like new copper plumbing and a newer roof. The large lot and bonus room offer significant potential for a master suite conversion. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1325 Perris Subject 2 bd · 1 ba · 1,172 sqft · $354 | $415,000* List Price | 2 | 1 | 1,172 | $354 | - |
A 1335 Massachusetts Sold 2 bd · 2 ba · 1,346 sqft · $319 · 0.1 mi | $430,000 | 2 | 2 | 1,346 | $319 | 0.1 mi |
B 1053 W 15th Sold 3 bd · 2 ba · 1,070 sqft · $411 · 0.2 mi | $440,000 | 3 | 2 | 1,070 | $411 | 0.2 mi |
C 1556 W Virginia Sold 2 bd · 1 ba · 1,135 sqft · $324 · 0.8 mi | $368,000 | 2 | 1 | 1,135 | $324 | 0.8 mi |
D 1178 W Evans Street Sold 3 bd · 2 ba · 989 sqft · $407 · 0.4 mi | $402,500 | 3 | 2 | 989 | $407 | 0.4 mi |
E 1087 W 9th Sold 4 bd · 2 ba · 1,408 sqft · $266 · 0.6 mi | $375,000 | 4 | 2 | 1,408 | $266 | 0.6 mi |
F 1173 Cummings Sold 3 bd · 1 ba · 1,085 sqft · $419 · 0.4 mi | $455,000 | 3 | 1 | 1,085 | $419 | 0.4 mi |
G 1569 W 16th Street Sold 3 bd · 1 ba · 1,438 sqft · $299 · 0.9 mi | $430,000 | 3 | 1 | 1,438 | $299 | 0.9 mi |
H 1008 W 14th Active Under Contract 3 bd · 1 ba · 998 sqft · $391 · 0.1 mi | $390,000 List Price | 3 | 1 | 998 | $391 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Although the home was built in 1925, it has received critical system updates including a newer roof, copper plumbing, and HVAC. However, the interior remains significantly dated with 30+ year old cabinetry, popcorn ceilings, and older flooring, placing it in the fair category as it requires cosmetic modernization.
The property features significant recent upgrades, including a newer roof, $7,000 in new copper plumbing, and a relatively new air conditioning system, reducing immediate maintenance costs for the buyer.
A large bonus room provides an excellent opportunity to increase equity and functionality by converting the space into a master suite with an additional bathroom.
The home boasts a spacious 7,049 sqft lot featuring a large covered patio and a well-sized backyard, offering superior space for outdoor entertaining and recreation.
With only one existing bathroom, the property may be less convenient for families or guests, potentially limiting its market appeal compared to modern multi-bath homes.
Built in 1925, the century-old structure may require ongoing attention to historical maintenance needs and potential updates to older electrical or structural components not mentioned in the recent upgrades.
Great opportunity at a reasonable price Buy or sell call Miguel (909) 241-0006 Roof is only a few years old the seller has spent over 7,000.00 on New copper plumbing. The air conditioning is also relatively new the house has a huge extra room that could be converted into a master suit by adding a bathroom. House has an incredible covered patio in the back with a great yard. The information provided therein included but not limited to measurements, square footage and room count have been obtained believed to be reliable; however neither listing agent nor seller makes any representation as to the accuracy or completeness of any information contained herein.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,172 | 1,362.551 |
| Lot Size | 7,049 | 7,424.257 |
| Price | $415.0K | $520.9K |
| Price per sq ft | $354 | $374 |
| Built year | 1925 | 1956 |
| HOA | $0 | $121 |
| Days on market | 35 | 61 |
Sep 20, 2026
$415,000
Initial Listing
Sep 19, 2026
$395,000
Initial Listing