1632 N Lugo Avenue, San Bernardino, California 92404, San Bernardino, 92404 - 3 bed, 1 bath
ACTIVE$439,899
1632 N Lugo Avenue, San Bernardino, California 92404
3Beds
1Bath
1,224Sqft
8,505Lot
Price Vs. Estimate
The estimated value ($439,899) is $0 (0%) lower than the list price ($439,899). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: 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.
Top Cons:
Requires Significant Renovation/TLC: The property 'needs some TLC' and is described as having 'great potential for upgrades,' indicating it is not move-in ready and will require immediate investment for repairs and modernization.
Compared to the nearby listings
Price:$439.9K vs avg $505.0K ($-65,101)21%
Size:1,224 sqft vs avg 1,370 sqft34%
Price/sqft:$359 vs avg $36150%
More Insights
Built in 1949 (76 years old).
Condition: Built in 1949, this home is aged but has received some updates. The kitchen features newer cabinets and countertops but has basic, older appliances. The bathroom has an updated vanity and tile, appearing clean and functional. However, the property description explicitly states it 'needs some TLC' and has 'great potential for upgrades,' indicating it requires minor updates and personalization rather than being fully move-in ready or extensively renovated. The overall condition suggests regular upkeep with occasional updates, fitting the 'fair' category.
Year Built
1949
Close
-
List price
$440K
Original List price
$450K
Price/Sqft
$359
HOA
-
Days on market
-
Sold On
-
MLS number
CV25170840
Home ConditionFair
Features
View-
About this home
Charming three-bedroom, one-bathroom home in San Bernardino, perfect for first-time buyers! This cozy gem offers great potential for upgrades and personalization home offers inside laundry that can be converted into a bathroom. Also has a 1 car detached garage perfect to convert into an ADU to bring in some extra income. Home has a pretty large yard . Ideally located near freeways, making commuting a breeze. Don't miss out—bring your buyers today! Home needs some TLC nothing that a little elbow grease can't fix.. home has lots of potential for that first time buyer,
Condition Rating
Fair
Built in 1949, this home is aged but has received some updates. The kitchen features newer cabinets and countertops but has basic, older appliances. The bathroom has an updated vanity and tile, appearing clean and functional. However, the property description explicitly states it 'needs some TLC' and has 'great potential for upgrades,' indicating it requires minor updates and personalization rather than being fully move-in ready or extensively renovated. The overall condition suggests regular upkeep with occasional updates, fitting the 'fair' category.
Pros & Cons
Pros
High Available Lot Utilization: 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.
First-Time Buyer Suitability: Explicitly marketed as ideal for first-time buyers, offering an accessible entry point into homeownership with potential for personalization.
ADU Conversion Potential: The detached 1-car garage presents a significant opportunity for conversion into an Accessory Dwelling Unit (ADU), providing potential rental income or extended family living.
Generous Lot Size: Features a 'pretty large yard' (8505 sqft lot), offering ample outdoor space for recreation, gardening, or future expansion.
Excellent Commuter Location: Strategically located near freeways, ensuring convenient and easy commuting for residents.
Customization & Value-Add Potential: Offers significant potential for upgrades and personalization, including the possibility of converting the inside laundry into an additional bathroom, allowing buyers to build equity and tailor the home to their taste.
Cons
Requires Significant Renovation/TLC: The property 'needs some TLC' and is described as having 'great potential for upgrades,' indicating it is not move-in ready and will require immediate investment for repairs and modernization.
Limited Bathroom Count: With only one bathroom for three bedrooms, this could be a functional limitation for families or multiple occupants, potentially impacting daily convenience.
Age of Property: Built in 1949, the home is older, which may imply outdated systems, potential for deferred maintenance, and lower energy efficiency compared to newer constructions.