1369 Hardt Street, San Bernardino, California 92408, San Bernardino, 92408 - 5 bed, 2 bath
ACTIVE$1,125,000
1369 Hardt Street, San Bernardino, California 92408
5Beds
2Baths
1,946Sqft
23,400Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Dual Rental Income: The property features two detached homes, providing immediate dual rental income streams, which is highly attractive for investors seeking cash flow.
Top Cons:
Age of Structures: Built in 1953, the existing homes are over 70 years old, which may imply a need for significant updates, repairs, or system replacements to meet modern standards and tenant expectations.
Compared to the nearby listings
Price:$1.12M vs avg $912.5K (+$212,500)50%
Size:1,946 sqft vs avg 1,857 sqft50%
Price/sqft:$578 vs avg $48750%
More Insights
Built in 1953 (72 years old).
Condition: Built in 1953, the property's structures are over 70 years old with no evidence of significant recent renovations. The complete absence of interior photos, particularly for kitchens and bathrooms, strongly suggests these areas are severely outdated and in poor condition. Exterior images show dated structures, with the second dwelling featuring a window AC unit, indicating a lack of modern climate control. The property analysis explicitly notes the 'age of structures' and 'limited information on existing unit condition' as weaknesses, reinforcing the need for substantial repairs and rehabilitation to meet current standards.
Year Built
1953
Close
-
List price
$1.13M
Original List price
$1.15M
Price/Sqft
$578
HOA
-
Days on market
-
Sold On
-
MLS number
IG25081624
Home ConditionPoor
Features
Good View: Hills
ViewHills
About this home
Welcome to 1369 Hardt St— a rare opportunity offering dual rental income with massive upside potential! This large 23,400 sq ft corner lot features two detached homes: main home includes 3 bed and 1 bath, detach home includes 2 bed 1 bath. This property gives buyers or investors an opportunity to add more homes to the property in the vacant space, subdivision is possible (please check with SB city). Lot can be divided into 3 separate parcel. Located less then 1 mile from Elementary school, 10 fwy, Sams Club, Costco, HomeDepot and abundant of restaurants for your convenience. Come check this out or call for more information.
Condition Rating
Poor
Built in 1953, the property's structures are over 70 years old with no evidence of significant recent renovations. The complete absence of interior photos, particularly for kitchens and bathrooms, strongly suggests these areas are severely outdated and in poor condition. Exterior images show dated structures, with the second dwelling featuring a window AC unit, indicating a lack of modern climate control. The property analysis explicitly notes the 'age of structures' and 'limited information on existing unit condition' as weaknesses, reinforcing the need for substantial repairs and rehabilitation to meet current standards.
Pros & Cons
Pros
Dual Rental Income: The property features two detached homes, providing immediate dual rental income streams, which is highly attractive for investors seeking cash flow.
Significant Development Potential: With a large 23,400 sq ft corner lot, the property offers massive upside potential for adding more homes or subdividing into up to three separate parcels, subject to city approval.
Large Corner Lot: The expansive 23,400 sq ft corner lot provides ample space for current use and future development, enhancing flexibility and property value.
Convenient Location: Strategically located less than 1 mile from an elementary school, major freeway (10 Fwy), and essential amenities like Sam's Club, Costco, Home Depot, and various restaurants, offering convenience for residents.
Hills View: The property boasts desirable hills views, adding to its aesthetic appeal and potentially increasing its market value.
Cons
Age of Structures: Built in 1953, the existing homes are over 70 years old, which may imply a need for significant updates, repairs, or system replacements to meet modern standards and tenant expectations.
Unverified Development Potential: While subdivision is highlighted as a major opportunity, the description explicitly states 'please check with SB city,' indicating that the buyer bears the responsibility and potential cost/risk of verifying and executing these complex development plans.
Limited Information on Existing Unit Condition: The property description focuses heavily on development potential but provides minimal details regarding the current condition, recent upgrades, or rental income of the two existing detached homes, which could imply they require substantial investment.