182 E Olive Street, San Bernardino, California 92410, San Bernardino, 92410 - 2 bed, 1 bath

ACTIVE$450,000
182 E Olive Street, San Bernardino, California 92410
2Beds
1Bath
748Sqft
6,125Lot
Price Vs. Estimate
The estimated value ($360,247.715) is $89,752.285 (19%) lower than the list price ($450,000). This property may be overpriced.
Key pros and cons
Top Pros:
Generous Lot Size: The 6,125 sqft lot provides ample outdoor space, offering potential for landscaping, gardening, or future expansion such as an Accessory Dwelling Unit (ADU).
Top Cons:
Advanced Age of Property: Constructed in 1922, the home is over a century old, likely requiring significant updates to core systems (plumbing, electrical, HVAC) and potentially incurring higher maintenance and renovation costs.
Compared to the nearby listings
Price:$450.0K vs avg $450.0K (+$0)50%
Size:748 sqft vs avg 1,227 sqft8%
Price/sqft:$602 vs avg $36697%
More Insights
Built in 1922 (103 years old).
Condition: The property was built in 1922, making it over 100 years old. While the exterior image shows a standing structure with a relatively new fence, there are no interior images provided, especially for the kitchen and bathrooms. Given the extreme age of the property and the complete lack of evidence of recent renovations, it is highly probable that the kitchen, bathrooms, and major systems (plumbing, electrical, HVAC) are severely outdated, in poor condition, and would require substantial repairs and rehabilitation to meet current safety, functionality, and aesthetic standards. The property likely needs a significant investment to be comfortable and modern.
Year Built
1922
Close
-
List price
$450K
Original List price
$450K
Price/Sqft
$602
HOA
-
Days on market
-
Sold On
-
MLS number
IV25136954
Home ConditionPoor
Features
View-
About this home
Condition Rating
Poor
The property was built in 1922, making it over 100 years old. While the exterior image shows a standing structure with a relatively new fence, there are no interior images provided, especially for the kitchen and bathrooms. Given the extreme age of the property and the complete lack of evidence of recent renovations, it is highly probable that the kitchen, bathrooms, and major systems (plumbing, electrical, HVAC) are severely outdated, in poor condition, and would require substantial repairs and rehabilitation to meet current safety, functionality, and aesthetic standards. The property likely needs a significant investment to be comfortable and modern.
Pros & Cons
Pros
Generous Lot Size: The 6,125 sqft lot provides ample outdoor space, offering potential for landscaping, gardening, or future expansion such as an Accessory Dwelling Unit (ADU).
Affordable Price Point: Listed at $450,000, this property offers a relatively accessible entry into the competitive Southern California single-family home market.
Single-Family Residence: As a detached single-family home, it provides privacy and independent living, a highly desirable feature for many buyers.
Renovation Potential: Built in 1922, the property presents a significant opportunity for buyers to modernize and customize, allowing for substantial value addition and personalized equity growth.
Fresh Market Listing: Recently listed on June 20, 2025, the property is new to the market, ensuring it's a fresh opportunity for prospective buyers without a prolonged market presence.
Cons
Advanced Age of Property: Constructed in 1922, the home is over a century old, likely requiring significant updates to core systems (plumbing, electrical, HVAC) and potentially incurring higher maintenance and renovation costs.
Compact Living Space: With only 748 sqft, 2 bedrooms, and 1 bathroom, the property offers limited interior living space, which may not suit larger households or those requiring dedicated office or flex areas.
Absence of Premium Views: The property explicitly states 'View: None,' indicating a lack of scenic or desirable vistas that could otherwise enhance its market appeal and overall value.