1737 N Lugo Avenue, San Bernardino, California 92404, San Bernardino, 92404 - 2 bed, 2 bath

1737 N Lugo Avenue, San Bernardino, California 92404 home-pic-0
ACTIVE$449,000
1737 N Lugo Avenue, San Bernardino, California 92404
2Beds
2Baths
1,286Sqft
7,280Lot

Price Vs. Estimate

The estimated value ($229,562.765) is $219,437.235 (48%) lower than the list price ($449,000). 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 = 7280, living area = 1286.
Top Cons:
Significant Price Discrepancy: The listing price of $449,000 is substantially higher than the property's estimated value of $229,562.765, indicating a potential overpricing or a need for a more competitive valuation.

Compared to the nearby listings

Price:$449.0K vs avg $505.0K ($-56,000)25%
Size:1,286 sqft vs avg 1,370 sqft42%
Price/sqft:$349 vs avg $36144%

More Insights

Built in 1948 (77 years old).
Condition: Built in 1948, this home features a recently updated kitchen with modern white shaker cabinets, granite-look laminate countertops, and stainless steel appliances, along with updated dark wood laminate flooring. The bathrooms are described as 'beautifully maintained,' suggesting they are in good, functional condition. While the property's age means some systems might be older, the visible interior updates make it move-in ready with no immediate major renovations required, aligning with the 'Good' score criteria for properties with updated components but not a full recent renovation.
Year Built
1948
Close
-
List price
$449K
Original List price
$449K
Price/Sqft
$349
HOA
-
Days on market
-
Sold On
-
MLS number
DW25046897
Home ConditionGood
Features
Good View: City Lights, Mountain(s)
ViewCity Lights,Mountain(s)

About this home

Charming Home with Stunning San Bernardino Mountain Views & ADU Potential Welcome to this delightful 2-bedroom, 2-bathroom home, offering a perfect blend of comfort, functionality, and opportunity. Nestled in a peaceful neighborhood, this property boasts breathtaking views of the San Bernardino Mountains, creating a serene and picturesque backdrop for everyday living. Interior Features: • Spacious 2 bedrooms with ample natural light • 2 full bathrooms, beautifully maintained • Bonus room, ideal for a home office, guest room, or playroom • Open-concept living and dining area, perfect for entertaining • Well-equipped kitchen with plenty of storage and counter space • Convenient indoor laundry room, adding ease and efficiency to your daily routine Exterior Highlights: • Large front and back yard, providing plenty of outdoor space for relaxation and entertainment • Mature lemon tree, offering fresh citrus right in your backyard • Detached garage with ADU potential, presenting an excellent opportunity for rental income, guest quarters, or a private studio • Spacious driveway, offering ample parking Conveniently located near shopping, dining, schools, and outdoor recreation, this home is perfect for those looking to enjoy both city convenience and natural beauty. Don’t miss out on this fantastic opportunity—schedule a showing today! “Agent and broker do not guarantee the accuracy of square footage, lot size, or other property details. Buyers are advised to independently verify all information to their satisfaction.”

Condition Rating
Good

Built in 1948, this home features a recently updated kitchen with modern white shaker cabinets, granite-look laminate countertops, and stainless steel appliances, along with updated dark wood laminate flooring. The bathrooms are described as 'beautifully maintained,' suggesting they are in good, functional condition. While the property's age means some systems might be older, the visible interior updates make it move-in ready with no immediate major renovations required, aligning with the 'Good' score criteria for properties with updated components but not a full recent renovation.
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 = 7280, living area = 1286.
Stunning Mountain Views: The property offers breathtaking views of the San Bernardino Mountains, enhancing its aesthetic appeal and desirability.
ADU Potential: A detached garage presents excellent Accessory Dwelling Unit (ADU) potential, offering opportunities for rental income, guest quarters, or a private studio.
Versatile Bonus Room: The inclusion of a bonus room provides flexible space, ideal for a home office, guest room, or playroom, catering to diverse buyer needs.
Generous Outdoor Space: The property features a large front and back yard, complete with a mature lemon tree, offering ample space for relaxation, entertainment, and gardening.
Convenient Indoor Laundry: A dedicated indoor laundry room adds significant convenience and efficiency to daily routines.

Cons

Significant Price Discrepancy: The listing price of $449,000 is substantially higher than the property's estimated value of $229,562.765, indicating a potential overpricing or a need for a more competitive valuation.
Older Construction: Built in 1948, the home may have older systems and infrastructure that could require updates or higher maintenance costs compared to newer properties.
Limited Bedroom Count: With only 2 bedrooms, the property may not appeal to larger families or buyers seeking more living space, especially when compared to some local 3-bedroom alternatives.

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