
San Bernardino, California 92411
This property presents a Strong Value Opportunity with a List Price of $395,000—positioned well below the $442,964 Fair Market Value by 10%. This valuation gap offers $47,964 in Instant Equity for buyers capable of addressing the roof repairs. Featuring a Fair Condition Rating, the home offers a modernized interior with an open-concept layout. This asset is a high-potential project ideal for Fix-and-Flip Investors or Contractors seeking to capitalize on significant value-add potential in the San Bernardino City Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1699 Vine Subject | $395,000* List Price | 4 | 2 | 1,411 | $314 | - |
A 588 N Pico Avenue Sold | $422,000 | 3 | 2 | 1,326 | $318 | 0.5 mi |
B 1804 W 7th Sold | $495,000 | 3 | 2 | 1,499 | $330 | 0.1 mi |
C 1328 Vine Street Sold | $310,000 | 3 | 1 | 1,221 | $254 | 0.6 mi |
D 1380 W 7th Pending | $445,000 List Price | 3 | 2 | 1,396 | $319 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property features a recently updated interior with a newer kitchen, modern finishes, and updated bathrooms. However, the 1949 structure requires roof repairs and is being sold as a short sale in 'as-is' condition, which prevents it from being classified as 'Good' or 'Excellent' despite the interior renovations.
The home features a contemporary open-concept layout with a newer kitchen and updated flooring, significantly reducing the need for immediate cosmetic renovations.
With 4 bedrooms and 2 bathrooms, the property offers a spacious and versatile floor plan that is highly desirable for larger families or as a high-yield rental.
Priced competitively at $395,000, this property presents a significant value-add opportunity for investors or contractors to build equity through necessary repairs.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property requires immediate roof repairs and is being sold in 'as-is' condition, which may complicate traditional financing and require substantial upfront capital.
The sale is subject to lender approval, which typically involves a more complex and prolonged closing process with no guarantee of final price acceptance.
Excellent Opportunity! This 4-bedroom, 2-bathroom home offers great potential and features an updated interior with an open-concept floor plan, a newer kitchen with modern finishes, updated flooring, and spacious living areas designed for comfortable everyday living. The functional layout offers generously sized bedrooms, updated bathrooms, and plenty of natural light throughout. Roof repairs are needed, making this an excellent opportunity for investors, contractors, or buyers looking to add their own improvements. Property is being sold in its present condition. Short sale subject to lender approval. Lender has final approval authority over all terms and conditions of the sale. Don't miss this opportunity to purchase a home with strong potential and exceptional value.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 78% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,411 | 1,152 | 78% |
| Lot Size | 5,454 | 7,200 | 10% |
| Price | $395.0K | $450.0K | 30% |
| Price per sq ft | $280 | $392 | 13% |
| Built year | 1949 | 1950 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 152 | 5% |
Jun 2, 2026
$395,000
Initial Listing
Jun 13, 2024
$505,000
Public Record
Nov 9, 2023
$247,000
Public Record