2149 Chestnut, San Bernardino, California 92410, San Bernardino, 92410 - 3 bed, 2 bath
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San Bernardino, California 92410
This property presents a High-Potential Investment Opportunity with a List Price of $499,999—positioned well above the $386,515 Fair Market Value by -29%. While the home carries a Fair Condition Rating requiring significant renovation, the 7,254 sqft lot with rear alley access and RV parking provides exceptional ADU potential. This asset is designed for value-add strategies, making it a strategic acquisition for Buy-and-Hold Investors or Contractors focused on long-term equity growth through strategic site development and interior modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2149 Chestnut Subject | $499,999* List Price | 3 | 2 | 1,067 | $362 | - |
A 315 S Dallas Sold | $490,000 | 3 | 2 | 1,140 | $430 | 0.5 mi |
B 2218 Broadway Avenue Sold | $360,000 | 3 | 1 | 960 | $375 | 0.8 mi |
C 2226 W King Active | $430,000 List Price | 3 | 1 | 960 | $448 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1979 (>45 years old) with no evidence of recent renovations. The kitchen and bathrooms are significantly dated, popcorn ceilings are present, and the use of window AC units suggests outdated or non-functional central HVAC. The listing explicitly mentions the need for 'TLC' and 'personal touch,' indicating a need for a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7254, living area = 1067.
The spacious 7,254 sqft lot combined with a detached garage and rear alley access presents a prime opportunity for an Accessory Dwelling Unit (ADU), ideal for rental income or multigenerational living.
The property features dedicated RV parking and convenient entry from the back alley, providing significant utility for homeowners with multiple vehicles or recreational equipment.
The home is identified as needing repairs and cosmetic updates, which will require additional capital investment and time from the buyer immediately after closing.
At 1,067 square feet for a 3-bedroom, 2-bathroom layout, the interior footprint is relatively small, which may result in tighter room dimensions compared to modern residential standards.
Opportunity awaits at this San Bernardino property featuring a detached garage, rear alley access, and RV parking with convenient entry from the back of the property. The spacious lot offers excellent ADU potential, making it an attractive option for investors, multigenerational living, or those seeking additional income opportunities. A covered back porch provides a great space to relax or entertain. While the home could benefit from some TLC, it offers tremendous potential for buyers looking to add their personal touch and build equity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,067 | 1,140 | 41% |
| Lot Size | 7,254 | 7,254 | 50% |
| Price | $500.0K | $480.0K | 57% |
| Price per sq ft | $469 | $400 | 86% |
| Built year | 1979 | 1955 | 80% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 205 | 2% |
Jun 2, 2026
$499,999
Initial Listing
Jul 29, 2008
$145,000
Public Record
Jul 1, 2005
$268,000
Public Record
Aug 17, 2004
$210,000
Public Record
Oct 1, 1997
$80,000
Public Record
Sep 16, 1997
$50,000
Public Record