1569 W 16th Street, San Bernardino, California 92411, San Bernardino, 92411 - 3 bed, 1 bath
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San Bernardino, California 92411
This property presents a Strong Value Opportunity with a List Price of $425,000—positioned well below the $462,539 Fair Market Value by 8%. This valuation gap offers $37,539 in Instant Equity for buyers. Featuring a newer roof and a spacious bonus room, the home has a Condition Rating of 4, requiring cosmetic updates to maximize its potential. Located near the San Bernardino City Unified district, this is a high-potential acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking value-add projects.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1569 W 16th Street Subject | $425,000* List Price | 3 | 1 | 1,438 | $322 | - |
A 1895 W Gilbert Sold | $490,000 | 3 | 2 | 1,395 | $351 | 0.4 mi |
B 1578 W Gilbert Sold | $438,000 | 3 | 2 | 1,598 | $274 | 0.1 mi |
C 1541 W 16th Sold | $375,000 | 3 | 2 | 1,062 | $353 | 0.1 mi |
D 1335 Massachusetts Sold | $430,000 | 2 | 2 | 1,346 | $319 | 0.8 mi |
E 1190 W 14th Sold | $460,000 | 3 | 1 | 1,261 | $365 | 0.6 mi |
F 1444 Medical Center Sold | $479,000 | 3 | 2 | 1,390 | $345 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, this 69-year-old property is described as needing cosmetic updates and is sold 'as-is.' While the roof is newer, the overall age and the call for value improvement suggest dated interiors and systems that likely exceed 20 years, fitting the criteria for a functional but dated home requiring minor repairs.
The property features a spacious bonus room with a fireplace, providing significant flexibility for use as a home office, media room, or additional living area beyond the three standard bedrooms.
The inclusion of a newer roof is a major value-add, offering the buyer peace of mind and reducing the immediate need for high-cost capital expenditures.
Situated on a 7,140 sq. ft. lot, the expansive backyard offers ample room for outdoor entertaining, gardening, or potential property expansions in a convenient urban location.
With only one bathroom serving three bedrooms and a large bonus room, the property may present functional challenges for larger families or multi-generational households.
The property is sold in 'as-is' condition and requires cosmetic updates, which will necessitate additional immediate investment and labor from the buyer to modernize the space.
Great opportunity! This property features 3 bedrooms, 1 bathroom, and a spacious bonus room with a fireplace, offering potential for additional living space, an office, or a game room. Enjoy the benefits of a newer roof and a spacious backyard on a 7,140 sq. ft. lot with room to create your own retreat. This property offers an opportunity for cosmetic updates and value improvement. Conveniently located near schools, churches, hospitals, and major commuter routes. Don’t miss this opportunity, sold as is.
No exterior & parking available.
Grades K-3 • 0.6 mi
Grades K-6 • 0.6 mi
Grades 7-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 48% |
| Square foot | 1,438 | 1,152 | 78% |
| Lot Size | 7,140 | 7,200 | 43% |
| Price | $425.0K | $450.0K | 40% |
| Price per sq ft | $296 | $392 | 16% |
| Built year | 1955 | 1950 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 152 | 5% |
May 26, 2026
$425,000
Initial Listing