
San Bernardino, California 92411
This property presents a High-Potential Investment Opportunity with a List Price of $399,999, positioned well below the $455,000 Fair Market Value by 12%. This valuation gap offers $55,001 in Instant Equity for buyers. While the home carries a Condition Rating of 4, the 1,478 sqft footprint on a 7,280 sqft lot provides significant upside for modernization. Its strategic location near medical facilities and freeways ensures strong rental demand, making this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2006 Medical Center Subject | $399,999* List Price | 2 | 2 | 1,078 | $371 | - |
A 1556 W Virginia Sold | $368,000 | 2 | 1 | 1,135 | $324 | 0.6 mi |
B 2004 W 15th Sold | $440,000 | 4 | 2 | 1,035 | $425 | 0.8 mi |
C 1541 W 16th Sold | $375,000 | 3 | 2 | 1,062 | $353 | 0.4 mi |
D 1949 W 19th Street Sold | $358,000 | 3 | 1 | 858 | $417 | 0.5 mi |
E 1178 W Evans Street Sold | $402,500 | 3 | 2 | 989 | $407 | 0.8 mi |
F 1473 Arizona Avenue Sold | $345,000 | 3 | 2 | 1,035 | $333 | 0.7 mi |
G 1569 W 16th Street Sold | $430,000 | 3 | 1 | 1,438 | $299 | 0.4 mi |
H 1635 Susie Lane Sold | $495,000 | 3 | 2 | 1,217 | $407 | 0.4 mi |
I 2295 Ramona Pending | $445,000 List Price | 3 | 1 | 1,095 | $406 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, this 70+ year old property falls into the dated category. While the exterior appears maintained with intact stucco and roofing, the 'investor' marketing and age suggest that the kitchen, bathrooms, and core systems (HVAC/Electric) are likely over 20 years old and require modernization.
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 = 1478.
The property is strategically located with convenient access to major freeways, shopping, dining, and medical facilities, making it highly attractive for commuters and healthcare professionals.
Currently listed at $399,999, which is significantly lower than its previous sale price of $455,000, offering immediate equity potential and a competitive entry point for investors.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1478, other record living area = 1078.
With 84 days on the market, the property has exceeded the average turnover time for the area, which may lead to buyer concerns regarding its condition or market positioning.
Built in 1955 and lacking any scenic views, the property likely requires significant modernization and aesthetic updates to meet the expectations of contemporary buyers.
Great opportunity in San Bernardino! This property offers a functional layout with convenient access to major freeways, shopping, dining, and nearby medical facilities. Ideal for first-time buyers or investors.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,078 | 1,336.28 |
| Lot Size | 7,280 | 7,410.822 |
| Price | $400.0K | $519.7K |
| Price per sq ft | $371 | $377 |
| Built year | 1955 | 1955 |
| HOA | $0 | $121 |
| Days on market | 133 | 61 |
Apr 29, 2026
$399,999
Initial Listing
Dec 28, 2023
$455,000
Public Record
Oct 3, 2014
$110,000
Public Record