2165 Sepulveda, San Bernardino, California 92404, San Bernardino, 92404 - 4 bed, 2 bath
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San Bernardino, California 92404
This Turnkey Dual-Income Asset is listed at $590,000, representing a stable entry point near its $583,611 Fair Market Value. The property features two detached residences generating $3,950 in monthly rent, supported by a High-Score Renovation Condition with recent kitchen and flooring upgrades. Located within the San Bernardino City Unified district and steps from the San Bernardino Medical Center, the site benefits from consistent professional tenant demand and Separate Utility Metering. This turnkey opportunity is ideal for Owner-Occupants looking to house-hack or Buy-and-Hold Investors seeking immediate cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2165 Sepulveda Subject | $590,000* List Price | 4 | 2 | 1,715 | $340 | - |
A 1649 Crestview Avenue Sold | $619,900 | 4 | 3 | 1,929 | $321 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property consists of two units that have undergone significant renovations within the last year and 3 months respectively. Interior photos show modern kitchen upgrades with white shaker cabinets and stone counters, new laminate flooring, fresh paint, and updated fixtures. With a roof under 10 years old and recent turnkey updates, it meets the criteria for a high-score renovation.
The property features two detached homes on one lot, generating a combined monthly income of $3,950, making it an ideal candidate for house hacking or a high-yield investment.
Both units have been recently updated within the last year, including a newer roof on the rear unit and professional management, offering a move-in ready experience with minimal immediate CAPEX.
Located very close to the San Bernardino Medical Center, the property benefits from a prime location that attracts a stable and consistent tenant base of healthcare professionals.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1715, other record living area = 1193. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The conversion of the 2-car garage into additional living space was completed without permits, which may complicate FHA financing and presents a risk for future code enforcement.
Originally built in 1926, the property's age suggests that underlying systems like plumbing and electrical may require more frequent maintenance than modern constructions, despite recent cosmetic updates.
Two detached single-family homes on one lot. Ideal for owner live in one and rent out the other house. This will essentially reduce the cost of home ownership by about half and can be financed with an FHA loan. It is located very close to San Bernardine Medical Center. The front home is big enough for a small or medium family. It offers 3 bedrooms and 1 bathroom (approx. 1,120 sq ft) and was updated within the past year. It's currently rented for $2300. The rear home includes 1 bedroom and 1 bathroom (approx. 595 sq ft), recently updated about 3 months ago. The 2-car garage attached to the rear house has been converted into additional living space (No permits), making it functioning as a 2-bedroom, 1-bath configuration. The roof on the second unit was replaced less than 10 years ago. The current rent is $1650 a month. Property features separate gas and electric meters and a shared water meter, with 90% of water, sewer and trash bills currently billed back to tenants—enhancing operational efficiency. Strong rental history with long-term tenants and minimal vacancy over extended ownership.Both units are currently tenant-occupied on month-to-month leases, providing flexibility for investors or future occupancy. Professionally managed and well maintained over the years, offering a turnkey investment profile with stable income characteristics.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 1,715 | 2,366.5 | 25% |
| Lot Size | 5,952 | 9,526 | 25% |
| Price | $590.0K | $652.5K | 25% |
| Price per sq ft | $344 | $283 | 75% |
| Built year | 1926 | 1951 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 231 | 25% |
Apr 16, 2026
$590,000
Initial Listing
May 22, 2009
$57,000
Public Record