2184 Roosevelt, San Bernardino, California 92411, San Bernardino, 92411 - 4 bed, 2 bath
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2184 Roosevelt
San Bernardino, California 92411
ACTIVE
CONDITION: POOR
4Beds
2Baths
1,238Sq Ft
12,375Lot Size
Property Price
LIST PRICE$545,000
EST. MARKET VALUE
$511,648
6% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $545,000—positioned above the $511,648 Fair Market Value. While the price reflects a premium, the asset offers significant upside through its 12,375-square-foot lot and dual-structure configuration. With a Condition Rating of 5, the property requires cosmetic updates, yet its historical 9.9% gross rental yield demonstrates strong cash-flow potential. This is a strategic acquisition for Buy-and-Hold Investors or Value-Add Developers looking to maximize density and rental income in San Bernardino.
Estimated Market Value
$511,648
Based on Realkey algorithm analyzing recent comparable sales in San Bernardino.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2184 Roosevelt Subject | $545,000* List Price | 4 | 2 | 1,238 | $413 | - |
A 1635 Susie Lane Sold | $495,000 | 3 | 2 | 1,217 | $407 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1950 (76 years old) with no mention of recent renovations; the listing explicitly states a need for cosmetic improvements and targets investors for rehab to maximize potential.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 12375, living area = 1238.
- High Rental Yield
The property demonstrates exceptional cash-flow potential with a historical gross rental yield of approximately 9.9%, generating $54,000 in annual income.
- Development Potential
The expansive 12,375-square-foot lot includes an additional structure and dual driveways, providing significant opportunities for ADU conversion or further value-add expansion.
CONSRISKS & DEFICIENCIES
- Permit and Legal Uncertainty
The additional 3-bedroom structure and total square footage require independent verification, suggesting potential risks regarding unpermitted work or zoning compliance.
- Age and Condition
Built in 1950, the property likely requires immediate capital expenditure for cosmetic and structural updates to modernize the space and maximize its long-term upside.
About 2184 Roosevelt
Cash-flow investment opportunity at 2184 Roosevelt St in San Bernardino! This 4-bedroom, 2-bathroom property sits on an IMPRESSIVE 12,375-square-foot lot and features two separate driveways, providing added parking and flexibility. The property has generated approximately $54,000 per year in historical gross rental income, representing an approximate 9.9% gross rental yield before expenses. The property will be delivered VACANT, giving an investor the flexibility to establish new rental terms, complete cosmetic improvements, and maximize future income potential. The large lot adds further value-add possibilities, while an additional structure configured as approximately 3 bedrooms and 1 bathroom offers even more potential. Ideal for investors seeking strong cash-flow potential, rental income, a large lot, and long-term upside. Buyer to independently verify all permits, square footage, legal status, zoning, rental income, and potential ADU use or eligibility.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 12,375 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,238 | 1,336.28 |
| Lot Size | 12,375 | 7,410.822 |
| Price | $545.0K | $519.7K |
| Price per sq ft | $440 | $377 |
| Built year | 1950 | 1955 |
| HOA | $0 | $121 |
| Days on market | 8 | 61 |
Pricing History
Listed for Sale
Sep 1, 2026
$545,000
Initial Listing
Sold
May 17, 2012
$74,000
Public Record