
San Bernardino, California 92407
This property presents a High-Potential Investment Opportunity with a List Price of $495,000—positioned well above the $424,178 Fair Market Value by -16%. While the current list price exceeds the estimated value, the 7,200 sqft lot and North End location provide a solid foundation for long-term appreciation. Featuring a Poor Condition Rating, the home requires a comprehensive cosmetic renovation to modernize the interior. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing value-add improvements to maximize the property's inherent potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1548 Ranch Subject | $495,000* List Price | 3 | 2 | 1,099 | $386 | - |
A 5205 N Mammoth Sold | $560,000 | 3 | 2 | 1,455 | $385 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1979 (45+ years old) with no evidence of major renovations. The interior features dated popcorn ceilings, worn carpeting, and older tile. The exterior and yard require significant maintenance and landscaping. Based on the age exceeding 30 years and the need for a full cosmetic rehab to build equity, it falls into the poor category.
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 = 1099.
Situated in a desirable and quiet neighborhood near the university, the property benefits from a high 'pride of ownership' atmosphere and excellent commuter accessibility.
With solid fundamentals and a need for cosmetic updates, this home presents a significant opportunity for buyers to add value and build equity through modern improvements.
At 1,099 square feet, the three-bedroom layout may feel tight, particularly for growing families or those requiring larger common living areas.
The property requires cosmetic updates and modern touches to bring it up to current market standards, which will require additional immediate capital investment from the buyer.
Welcome home to this well-located 3-bedroom, 2-bath residence nestled in a desirable north end neighborhood just minutes from the University. Situated on a quiet, established street with pride of ownership throughout the area, this property offers a fantastic opportunity for buyers seeking value, space and long-term potential. Inside, you'll find a functional and comfortable floor plan with generously sized living spaces, natural light, and the essentials for everyday living. The kitchen provides ample cabinet and counter space and opens conveniently to the dining area, making it easy to entertain family and friends. The primary bedroom includes its own private bath, while the additional bedrooms offer flexibility for guests, a home office or growing households. Outside, the home features average-sized front and back yards with room to garden, relax or create your own outdoor retreat. Mature landscaping and established surroundings give the property and neighborhood a welcoming feel. The backyard offers plenty of potential for entertaining, pets, or future improvements. While the home could benefit from cosmetic updates and modern touches, it has solid fundamentals and present an excellent chance for a new owner to add personal style and build equity over time. With a strong location at an attractive price point, this property delivers outstanding value. Conveniently close to schools, dining, parks and commuter routes, the location combines charm with everyday accessibility.
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 | 2.0 | 50% |
| Square foot | 1,099 | 1,676 | 14% |
| Lot Size | 7,200 | 7,500 | 36% |
| Price | $495.0K | $599.0K | 19% |
| Price per sq ft | $450 | $353 | 84% |
| Built year | 1979 | 1989 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 146 | 1% |
May 21, 2026
$495,000
Initial Listing
Jul 19, 2006
$300,000
Public Record
Dec 29, 2000
$102,000
Public Record