1632 N Lugo Avenue, San Bernardino, California 92404, San Bernardino, 92404 - 3 bed, 1 bath
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San Bernardino, California 92404
This Updated Mid-Century Residence is a Strong Value Opportunity, listed at $449,000—positioned well below the $485,944 Fair Market Value by 7%. This valuation gap provides $36,944 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the home features a Modernized Kitchen with Granite Countertops, fresh exterior paint, and Mountain Views. The expansive 8,505 sq ft lot and Detached Garage offer significant ADU Potential for rental income within the San Bernardino City Unified district. This property is a strategic acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1632 N Lugo Avenue Subject | $449,000* List Price | 3 | 1 | 1,224 | $397 | - |
A 741 Niles Street Sold | $435,000 | 3 | 2 | 1,288 | $338 | 0.7 mi |
B 1333 Windsor Drive Sold | $430,000 | 3 | 1 | 1,014 | $424 | 0.9 mi |
C 352 E 16th Sold | $475,000 | 2 | 1 | 1,024 | $464 | 0.4 mi |
D 1233 Oakhurst Drive Sold | $499,900 | 3 | 2 | 1,190 | $420 | 0.9 mi |
E 1737 N Lugo Avenue Active Under Contract | $460,000 List Price | 3 | 2 | 1,286 | $358 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant interior updates, including a modernized kitchen with granite countertops and dark cabinetry, as well as updated wood-look flooring throughout. While the home was built in 1949, the recent exterior paint and well-maintained interior systems suggest it has been renovated within the last 5 to 15 years, requiring no immediate repairs for occupancy.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8505, living area = 1224.
The detached garage and expansive 8,505 sq ft lot offer significant potential for an Accessory Dwelling Unit, providing opportunities for rental income or multi-generational living.
The kitchen features stylish granite countertops and a functional layout, offering a contemporary workspace that serves as the heart of the home.
With three bedrooms but only one bathroom, the home may present logistical challenges for larger families or those accustomed to modern multi-bath configurations.
Built in 1949, the property may require ongoing maintenance or updates to aging systems typical of mid-century construction to meet modern efficiency standards.
Welcome to this charming 3-bedroom, 1-bath home offering 1,224 sq ft of comfortable living space, perfectly situated on a spacious 8,505 sq ft lot. This inviting property features a bright and open floor plan, enhanced by an abundance of windows that fill the home with natural light. The spacious kitchen is designed for both functionality and style, complete with granite countertops and plenty of room for cooking and gathering. The living room offers a cozy fireplace, creating the perfect space to relax and unwind. Fresh new exterior paint adds to the home’s curb appeal, giving it a clean and updated look. Step outside to a generously sized backyard with endless possibilities. The detached garage provides excellent potential for an ADU (Accessory Dwelling Unit), making this property ideal for additional rental income, multi-generational living, or future expansion. Whether you're a first-time buyer or an investor looking for opportunity, this home offers a perfect blend of comfort, value, and potential. Don’t miss out on this versatile property with room to grow!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 26% |
| Square foot | 1,224 | 1,335 | 40% |
| Lot Size | 8,505 | 8,300 | 55% |
| Price | $449.0K | $515.0K | 26% |
| Price per sq ft | $367 | $375 | 47% |
| Built year | 1949 | 1954 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 191 | 1% |
Mar 31, 2026
$449,000
Initial Listing
Dec 17, 2021
$385,000
Public Record
Oct 5, 2017
$233,000
Public Record
Nov 2, 2000
$105,000
Public Record
Aug 23, 2000
$67,000
Public Record