1940 W Base Line Street, San Bernardino, California 92411, San Bernardino, 92411 - 3 bed, 1 bath

1940 W Base Line Street, San Bernardino, California 92411 home-pic-0
ACTIVE$798,888
1940 W Base Line Street, San Bernardino, California 92411
3Beds
1Bath
1,144Sqft
47,190Lot

Price Vs. Estimate

Estimation data not available

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 = 47190, living area = 1144.
Top Cons:
Outdated Existing Structure: The 1930-built, 1144 sqft residential structure is old and small, likely requiring significant renovation or demolition to align with the commercial zoning and maximize the property's potential.

Compared to the nearby listings

Price:$798.9K vs avg $440.0K (+$358,888)99%
Size:1,144 sqft vs avg 1,101 sqft55%
Price/sqft:$698 vs avg $39499%

More Insights

Built in 1930 (95 years old).
Condition: Built in 1930, the property's residential structure is explicitly described as 'outdated' and 'likely requiring significant renovation or demolition' to align with its commercial zoning and maximize potential. The property's value is primarily based on the land for redevelopment, not the existing structure. The absence of interior photos for the kitchen and bathroom strongly suggests these areas are in very poor, outdated condition, consistent with a structure considered beyond its useful residential life.
Year Built
1930
Close
-
List price
$799K
Original List price
$798K
Price/Sqft
$698
HOA
-
Days on market
-
Sold On
-
MLS number
IV25104739
Home ConditionTear down
Features
View-

About this home

Investor opportunity: This 1.08-acre tenant-occupied, income-generating residential property on a commercial lot at 1940 W Base Line St in San Bernardino offers exceptional visibility on a busy main street with General Commercial zoning, providing immediate cash flow from a leased 3-bedroom, 1-bath structure. Strategically located near major transportation hubs and surrounded by thriving businesses, it benefits from strong foot and vehicle traffic. The area boasts popular attractions such as the San Bernardino County Museum, Historic Downtown, Glen Helen Regional Park and Amphitheater, San Manuel Stadium, and Route 66 landmarks like the McDonald's Museum and Wigwam Motel, all driving consistent visitor activity. General Commercial zoning allows for a wide variety of future uses, including retail, office, medical, dining, logistics, or mixed-use development, and supports both local and regional-serving businesses. With San Bernardino’s ongoing downtown revitalization, new city initiatives, and increased investment in commercial corridors, this property is perfectly positioned to capitalize on the city’s growing economic activity and demand for commercial space. This is a rare chance to acquire a high-exposure, income-producing asset in a vibrant, opportunity-rich market-contact us today to explore the possibilities!

Condition Rating
Tear down

Built in 1930, the property's residential structure is explicitly described as 'outdated' and 'likely requiring significant renovation or demolition' to align with its commercial zoning and maximize potential. The property's value is primarily based on the land for redevelopment, not the existing structure. The absence of interior photos for the kitchen and bathroom strongly suggests these areas are in very poor, outdated condition, consistent with a structure considered beyond its useful residential life.
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 = 47190, living area = 1144.
Prime Commercial Location: Exceptional visibility on a busy main street with strong foot and vehicle traffic, strategically located near major transportation hubs and thriving businesses.
Flexible General Commercial Zoning: Allows for a wide variety of future uses including retail, office, medical, dining, logistics, or mixed-use development, maximizing redevelopment potential.
Significant Lot Size: A substantial 1.08-acre (47,190 sqft) lot provides ample space for large-scale commercial or mixed-use development.
Immediate Income Generation: Currently tenant-occupied, providing immediate cash flow and an income stream from day one.
Strong Market Growth & Revitalization: Located in an area benefiting from San Bernardino’s ongoing downtown revitalization, new city initiatives, and increased commercial investment.

Cons

Outdated Existing Structure: The 1930-built, 1144 sqft residential structure is old and small, likely requiring significant renovation or demolition to align with the commercial zoning and maximize the property's potential.
Mismatch of Current Use & Zoning: The property is currently a residential single-family home on a commercially zoned lot, which may not represent the highest and best use without substantial redevelopment.
High Redevelopment Investment Required: Fully leveraging the commercial zoning and large lot will necessitate significant capital investment for demolition, new construction, and associated permitting, adding to the overall project cost and timeline.

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