
San Bernardino, California 92411
This Investor Special Asset is listed at $425,000, currently positioned near the $390,893 Fair Market Value. The property offers significant Value-Add potential through its expansive 7,200 sqft Lot and functional 3-bedroom, 2-bathroom layout. With a Condition Rating of 5, the home requires a comprehensive renovation to address deferred maintenance and capture strong upside potential in the San Bernardino City Unified district. This acquisition is a strategic choice for Fix-and-Flip Investors or Buy-and-Hold Investors focused on forced appreciation and long-term portfolio growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1473 Arizona Avenue Subject | $425,000* List Price | 3 | 2 | 1,035 | $378 | - |
A 1509 Magnolia Ave Sold | $320,000 | 3 | 1 | 987 | $324 | 0.7 mi |
B 1648 W 23rd Sold | $335,000 | 3 | 1 | 915 | $366 | 0.9 mi |
C 1656 W 23rd Street Sold | $420,000 | 3 | 1 | 897 | $468 | 0.9 mi |
D 1972 W Lincoln Avenue Sold | $375,000 | 2 | 1 | 769 | $488 | 0.4 mi |
E 1456 W Base Line Street Sold | $425,000 | 3 | 2 | 1,067 | $398 | 0.9 mi |
F 1541 W 16th Pending | $375,000 List Price | 3 | 2 | 1,062 | $353 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Marketed as an 'Investor Special' requiring cash or hard money, this 1959 home shows significant deferred maintenance. The exterior is overgrown, and the interior features dated tile flooring, window AC units, and likely original systems. The listing's suggestion of an FHA 203(k) rehab loan confirms that substantial repairs and modernization are needed to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7200, living area = 1035.
Marketed as an 'Investor Special' with strong upside potential, this property is ideal for a fix-and-flip project, a long-term rental hold, or an owner-occupant looking to build sweat equity.
The 7,200-square-foot lot provides significant outdoor space, offering potential for future expansions, ADU development, or enhanced curb appeal to maximize value.
The preference for cash or hard money indicates the property may be in a condition that does not qualify for traditional conventional financing, narrowing the buyer pool.
Built in 1959 and labeled for investors, the home likely requires substantial capital expenditure for modernizing systems and cosmetic updates to meet current market standards.
INVESTOR SPECIAL! Welcome to 1473 Arizona in the city of San Bernardino. Excellent opportunity to purchase this single story 3 bed 2 full bath home with strong upside potential. This property can serve well for an owner occupied buyer, investor for flip profit or one knowledgeable investor looking to hold and expand rental portfolio. Sitting on a 7,200sqft Lot, this property is sure catch the right buyers eyes. Contact me for more information. Cash or hard money preferred, may be eligible FHA 203(K) loan
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 1.0 | 53% |
| Square foot | 1,035 | 1,058.5 | 45% |
| Lot Size | 7,200 | 7,204 | 50% |
| Price | $425.0K | $430.0K | 50% |
| Price per sq ft | $411 | $394 | 61% |
| Built year | 1959 | 1950 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 159 | 3% |
Mar 24, 2026
$425,000
Initial Listing