
San Bernardino, California 92411
This property presents a High-Potential Investment Opportunity with a List Price of $350,000—positioned well below the $357,516 Fair Market Value by 2%. This valuation gap offers $7,516 in Instant Equity for buyers. Featuring a Multi-Unit Configuration on a large 7,500 sqft lot, the property requires significant rehabilitation given its Fair Condition Rating. This asset is ideal for Buy-and-Hold Investors or Contractors seeking to maximize rental income through strategic renovations and unit upgrades.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1388 Garner Avenue Subject 4 bd · 3 ba · 1,678 sqft · $256 | $430,000* List Price | 4 | 3 | 1,678 | $256 | - |
A 1552 W Evans Sold 4 bd · 2 ba · 1,600 sqft · $256 · 0.6 mi | $410,000 | 4 | 2 | 1,600 | $256 | 0.6 mi |
B 1079 Magnolia Avenue W Sold 3 bd · 2 ba · 1,548 sqft · $284 · 0.2 mi | $440,000 | 3 | 2 | 1,548 | $284 | 0.2 mi |
C 1335 Massachusetts Sold 2 bd · 2 ba · 1,346 sqft · $319 · 0.2 mi | $430,000 | 2 | 2 | 1,346 | $319 | 0.2 mi |
D 1578 W Gilbert Sold 3 bd · 2 ba · 1,598 sqft · $274 · 0.6 mi | $438,000 | 3 | 2 | 1,598 | $274 | 0.6 mi |
E 1556 W Virginia Sold 2 bd · 1 ba · 1,135 sqft · $324 · 0.5 mi | $368,000 | 2 | 1 | 1,135 | $324 | 0.5 mi |
F 1380 W 7th Sold 3 bd · 2 ba · 1,396 sqft · $330 · 0.9 mi | $460,000 | 3 | 2 | 1,396 | $330 | 0.9 mi |
G 1569 W 16th Street Sold 3 bd · 1 ba · 1,438 sqft · $299 · 0.6 mi | $430,000 | 3 | 1 | 1,438 | $299 | 0.6 mi |
H 1166 Cummings Sold 3 bd · 2 ba · 2,000 sqft · $265 · 0.3 mi | $530,000 | 3 | 2 | 2,000 | $265 | 0.3 mi |
I 1087 W 9th Active Under Contract 4 bd · 2 ba · 1,408 sqft · $266 · 0.7 mi | $375,000 List Price | 4 | 2 | 1,408 | $266 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1939, this 85-year-old property far exceeds the 30-year threshold for poor condition without significant renovation. The listing explicitly states the main home 'needs TLC,' and visual evidence shows rusted ironwork and unmaintained landscaping, suggesting that the kitchen, baths, and core systems (HVAC/Electric) likely require a full rehabilitation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 1678.
The property features detached units each equipped with its own kitchen and restroom, offering excellent privacy and high rental income potential for investors or multi-generational families.
Listed at $350,000 for a 4-bedroom, 3-bathroom residence, this property represents a significant value opportunity and a low entry point for the San Bernardino market.
The main residence is explicitly noted as needing 'TLC,' indicating that the buyer will need to budget for immediate repairs and cosmetic renovations.
Built in 1939, the property likely features aging infrastructure and systems that may require costly modernizations to meet contemporary building codes and efficiency standards.
**INVESTOR OPPORTUNITY!** This San Bernardino property features a **2-bedroom, 1-bath main home with approximately 678 SF**, plus **two detached units**, each with its own kitchen and restroom. The additional spaces offer flexibility for extended family, additional living arrangements, or potential rental use, subject to buyer verification and applicable approvals. **IMPORTANT: The two detached units are NOT permitted.** MLS square footage is an estimate that includes the main home and detached units. Buyer to independently verify square footage, permits, zoning, use, and all other property information with the appropriate agencies. **Property is sold as-is.**
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,678 | 1,362.551 |
| Lot Size | 7,500 | 7,424.257 |
| Price | $430.0K | $520.9K |
| Price per sq ft | $256 | $374 |
| Built year | 1939 | 1956 |
| HOA | $0 | $121 |
| Days on market | 95 | 61 |
Sep 29, 2026
$430,000
$350,000
+23% Price Increase
Initial Listing
Jul 21, 2026
$350,000
Initial Listing
Mar 25, 2010
$46,000
Public Record
Nov 19, 2004
$152,000
Public Record
Dec 30, 1998
$25,000
Public Record