
San Bernardino, California 92407
This Turnkey Multi-Unit Property represents a High-Potential Investment Opportunity, listed at $599,000—positioned well below the $629,127 Fair Market Value by 4%. This valuation gap offers $30,127 in Instant Equity. Featuring a recently remodeled interior and a permitted ADU, the property boasts a Condition Rating of 2, ensuring immediate rental readiness. With a 9,000 sqft lot and panoramic mountain views, this asset is perfectly suited for Buy-and-Hold Investors or first-time buyers seeking a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1629 Kendall Dr Subject 4 bd · 3 ba · 2,050 sqft · $307 | $599,000* List Price | 4 | 3 | 2,050 | $307 | - |
A 5128 Lakewood Drive Sold 3 bd · 2 ba · 1,616 sqft · $334 · 0.1 mi | $540,000 | 3 | 2 | 1,616 | $334 | 0.1 mi |
B 4305 Lakewood Sold 4 bd · 2 ba · 1,680 sqft · $327 · 0.5 mi | $550,000 | 4 | 2 | 1,680 | $327 | 0.5 mi |
C 5514 Western Sold 4 bd · 3 ba · 2,022 sqft · $334 · 0.9 mi | $675,000 | 4 | 3 | 2,022 | $334 | 0.9 mi |
D 1427 Morgan Drive Sold 4 bd · 2 ba · 1,452 sqft · $362 · 0.7 mi | $525,000 | 4 | 2 | 1,452 | $362 | 0.7 mi |
E 2387 La Salle Avenue Sold 3 bd · 2 ba · 1,495 sqft · $372 · 0.8 mi | $556,000 | 3 | 2 | 1,495 | $372 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1949, the property has undergone a comprehensive recent remodel (likely <5 years) featuring a modern kitchen with white shaker cabinets, stone countertops, and stainless steel appliances. The bathrooms are fully updated with contemporary tile and fixtures, and the home features new LVP flooring, recessed lighting, and updated windows throughout, including a high-quality permitted ADU.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9000, living area = 2050.
The property includes a large, permitted ADU with its own private yard, kitchen, and laundry, providing an excellent opportunity for rental income or multi-generational living.
This two-story home has been recently updated and remodeled, offering modern interior finishes and immediate move-in readiness for a first-time buyer or investor.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2050, other record living area = 1549. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Originally built in 1949, the home may have aging underlying infrastructure or systems that require more frequent maintenance compared to newer constructions.
The significant price increase from the 2020 sale price of $410,000 to the current $599,000 listing may present challenges during the appraisal process.
Welcome to this amazing opportunity to own in the city of San Bernardino! This beautiful 2 story recently updated/remodeled home features a 3bedrooms, 2bath with a huge permitted ADU with its own private yard 1bed, 1bath kitchen and laundry unit inside perfect to live in one and rent out the other!! Great size backyards that gives you endless possibilities of enjoying family gatherings or even adding another unit! Come check out this amazing opportunity as it offers many more features you have to come see for yourself and many attractions near by!!! Perfect for first time home buyers or existing buyers that want to add another rental to their portfolios!
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 | 2,050 | 1,362.551 |
| Lot Size | 9,000 | 7,424.257 |
| Price | $599.0K | $520.9K |
| Price per sq ft | $292 | $374 |
| Built year | 1949 | 1956 |
| HOA | $0 | $121 |
| Days on market | 9 | 61 |
Oct 15, 2026
$599,000
Initial Listing
Apr 17, 2020
$410,000
Public Record
Apr 23, 2018
$155,000
Public Record
Aug 21, 2002
$102,500
Public Record