
San Bernardino, California 92405
This Value-Add Residential Asset is listed at $299,000, positioned above the $254,488 Fair Market Value. The property’s investment thesis centers on its 6,650 Sqft Lot and significant ADU Potential, offering a pathway to forced appreciation and dual-rental income. Currently holding a Poor Condition Rating, the 1920s structure requires comprehensive rehabilitation of major systems to meet modern standards. Located in a Future Growth Area within the San Bernardino City Unified district near Lincoln Elementary, it offers long-term utility for Fix-and-Flip Investors or Buy-and-Hold Investors seeking a high-utility land asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1572 N Stoddard Subject | $299,000* List Price | 2 | 1 | 640 | $398 | - |
A 1789 N Pershing Avenue Sold | $385,000 | 2 | 1 | 884 | $436 | 0.3 mi |
B 1323 N G Sold | $245,000 | 1 | 1 | 575 | $426 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1920, this property is over 100 years old with no mention of significant renovations. The exterior image shows an older home that appears to have deferred maintenance. Without interior photos, especially of the kitchen and bathroom, it's highly probable that these areas, along with major systems (electrical, plumbing, HVAC), are original or very outdated, requiring substantial repairs and rehabilitation to meet modern standards. The property's age strongly suggests it falls into the 'Poor' category, needing significant investment.
The property boasts a generous 6,650 square foot lot with explicit mention of room to add an Accessory Dwelling Unit (ADU), offering significant potential for additional living space or rental income.
Ideally situated near highly-rated schools (Lincoln Elementary, San Bernardino High), local parks, shopping centers, and provides easy freeway access, enhancing convenience for residents.
Located in San Bernardino, a city experiencing exciting new developments, positioning the property for potential future appreciation and growth.
With only 640 square feet, 2 bedrooms, and 1 bathroom, the property offers a very compact living area, which may not suit all buyers or families.
Built in 1920, the home is over a century old, suggesting potential for deferred maintenance, outdated systems, or the need for significant renovations to meet modern standards.
The listing price is 6% above the estimated property value, which could indicate it is priced slightly high relative to current market valuations.
**Welcome to 1572 North Stoddard Avenue, a charming San Bernardino home on a generous 6,650 square foot lot. This property features a cozy 2-bedroom, 1-bath layout with room to add an ADU, perfect for extra living space or rental income. You'll love the convenience of the one-car garage and the spacious backyard for outdoor enjoyment. This home is ideally situated near highly rated schools like Lincoln Elementary and San Bernardino High, and you're just minutes from local parks, shopping centers, and easy freeway access for commuting. The city of San Bernardino is experiencing exciting new developments, making it a prime spot for future growth. Don't miss out on this fantastic opportunity to own a versatile home in a thriving community!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 27% |
| Baths | 1.0 | 2.0 | 38% |
| Square foot | 640 | 1,224 | 3% |
| Lot Size | 6,550 | 7,400 | 29% |
| Price | $299.0K | $485.0K | 4% |
| Price per sq ft | $467 | $375 | 86% |
| Built year | 1920 | 1946 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 162 | 167 | 48% |
Nov 11, 2025
$299,000
Initial Listing
Nov 18, 2005
$186,000
Public Record
Jul 28, 2004
$87,000
Public Record