
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 | $350,000* List Price | 4 | 3 | 1,678 | $213 | - |
A 1607 Cleaveland Street Sold | $285,000 | 5 | 2 | 1,519 | $188 | 1.0 mi |
B 1328 Vine Street Sold | $310,000 | 3 | 1 | 1,221 | $254 | 0.8 mi |
C 1552 W Evans Active | $350,000 List Price | 4 | 2 | 1,600 | $219 | 0.6 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.
Perfect home for the large family or investor. Privacy with its detached units each providing its own restroom and kitchen. Main home needs TLC.
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 | 1,228 |
| Lot Size | 7,500 | 7,500 |
| Price | $350.0K | $518.9K |
| Price per sq ft | $209 | $376 |
| Built year | 1939 | 1953 |
| HOA | $0 | $121 |
| Days on market | 1 | 63 |
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