
San Bernardino, California 92408
This property presents a High-Potential Investment Opportunity with a List Price of $549,900—positioned well below the $564,194 Fair Market Value by 2%. This valuation gap offers $14,294 in Instant Equity. Featuring a detached granny flat and a Condition Rating of 4, the home requires cosmetic updates but offers significant rental potential near Loma Linda University. With a large 9,275 sqft lot and Mountain Views, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add property in the Redlands Unified School District.
Investment opportunity in San Bernardino/Loma Linda border. 4BR/3BA with granny flat, mountain views, and instant equity. Near Loma Linda University. Must see!
Property is moderate renovation needed.
The property was built in 1978 (46 years old) and has been occupied by the same owner for nearly 30 years. While described as well-cared for, the interior photos reveal dated linoleum and tile flooring, older fixtures, and finishes that appear to be 20-30 years old, requiring cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9275, living area = 1884.
The property features a detached granny flat and is located near Loma Linda University and Hospital, offering excellent opportunities for rental income or multi-generational living.
Situated in a quiet neighborhood without freeway noise, the home borders Loma Linda and benefits from being within the highly-regarded Redlands Unified School District.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
While the property functions as a Loma Linda residence for mail and zoning, tax records list it in San Bernardino, which may cause confusion for buyers or impact perceived market value.
Built in 1978 and held by the same owner for 30 years, the home likely requires cosmetic or system updates to meet the standards of modern buyers.
THIS HOME BORDERS LOMA LINDA (1 STREET AWAY) - TAX SAYS SAN BERNARDINO, BUT MAIL COMES AS LOMA LINDA (Properly Zone as Loma Linda North). 1900 sqft of Single Level Living w/ Granny Flat in the back. This Zone is Qualified for Homebuyers Grant. Near Loma Linda University. Welcome to a Hidden Gem that blends comfort, flexibility and INVESTMENT opportunity in one of the area's most convenient locations WITHOUT Freeway Noise - despite being only minutes away from Loma Linda Hospital, Loma Linda University and the 10 Freeway. This well-cared for home (seller has lived here for close to 30 years) offers an open, single-level layout rarely found - along with close to 9500 sqft lot size with fruit trees galore!! This home provides the perfect balance of privacy, space and possibility.
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 | 1,884 | 1,228 |
| Lot Size | 9,275 | 7,500 |
| Price | $549.9K | $518.9K |
| Price per sq ft | $292 | $376 |
| Built year | 1978 | 1953 |
| HOA | $0 | $121 |
| Days on market | 6 | 63 |
Jul 16, 2026
$549,900
Initial Listing
Sep 12, 1994
$79,000
Public Record