1905 N E Street, San Bernardino, California 92405, San Bernardino, 92405 - bed, bath
ACTIVE$600,000
1905 N E Street, San Bernardino, California 92405
0Bed
0Bath
1,718Sqft
10,466Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Asset: The property is a duplex, providing immediate rental income from two distinct units (3-bed/1-bath and 1-bed/1-bath), making it an attractive opportunity for investors.
Top Cons:
Age of Property: Built in 1921, the property is over 100 years old, suggesting a high likelihood of outdated systems (plumbing, electrical) and deferred maintenance, requiring significant capital investment for modernization.
Compared to the nearby listings
Price:$600.0K vs avg $624.5K ($-24,500)50%
Size:1,718 sqft vs avg 1,754 sqft50%
Price/sqft:$349 vs avg $33250%
More Insights
Built in 1921 (104 years old).
Condition: Built in 1921, this duplex shows significant signs of age and deferred maintenance. The kitchen features very old cabinets, countertops, and flooring, with no visible modern appliances, indicating a need for a complete renovation. The bathrooms are equally outdated with old tile, vanities, and fixtures. While the property appears livable, it requires substantial rehabilitation, including major updates to the kitchen, bathrooms, and likely core systems (electrical, plumbing, HVAC) to meet current standards and comfort levels. The overall condition suggests it has not undergone major renovations in many decades.
Year Built
1921
Close
-
List price
$600K
Original List price
$60K
Price/Sqft
$349
HOA
-
Days on market
-
Sold On
-
MLS number
TR25042092
Home ConditionPoor
Features
Patio
View-
About this home
A great opportunity for an investor or buyer who are looking to have an income. This is a duplex, one unit has 3 bedroom 1 bath and another unit with 1 bedroom and 1 bath, plenty of room to build one or more units in the back ( check with City), good location, school across the street and a few blocks north of Base line Blvd. easy access to the 215 frwy. Tenants paid ALL utilities. Don't pass this opportunity come and see , ,
Condition Rating
Poor
Built in 1921, this duplex shows significant signs of age and deferred maintenance. The kitchen features very old cabinets, countertops, and flooring, with no visible modern appliances, indicating a need for a complete renovation. The bathrooms are equally outdated with old tile, vanities, and fixtures. While the property appears livable, it requires substantial rehabilitation, including major updates to the kitchen, bathrooms, and likely core systems (electrical, plumbing, HVAC) to meet current standards and comfort levels. The overall condition suggests it has not undergone major renovations in many decades.
Pros & Cons
Pros
Income-Generating Asset: The property is a duplex, providing immediate rental income from two distinct units (3-bed/1-bath and 1-bed/1-bath), making it an attractive opportunity for investors.
Significant Development Potential: The generous 10,466 sqft lot offers ample space for potential expansion or the addition of one or more units in the back, subject to city approval, enhancing future value.
Reduced Landlord Expenses: Tenants are responsible for paying all utilities, which significantly lowers the landlord's operating costs and improves the property's net cash flow.
Strategic & Accessible Location: The property boasts a good location across from a school, near Baseline Blvd, and offers easy access to the 215 Freeway, enhancing tenant appeal and convenience.
Large Lot Size: The substantial 10,466 sqft lot provides valuable outdoor space and supports the potential for future development or expansion, adding long-term asset value.
Cons
Age of Property: Built in 1921, the property is over 100 years old, suggesting a high likelihood of outdated systems (plumbing, electrical) and deferred maintenance, requiring significant capital investment for modernization.
Uncertainty of Development Approval: While there's potential for additional units, the need to 'check with City' indicates that development approval is not guaranteed and requires the buyer's due diligence, time, and potential permitting costs.
Likely Need for Renovation: Given its age and target investor market, the existing units likely require substantial renovation or upgrades to meet current market standards and maximize rental income, incurring additional upfront costs.