2236 Ogden, San Bernardino, California 92407, San Bernardino, 92407 - 4 bed, 2 bath

2236 Ogden, San Bernardino, California 92407 home-pic-0
ACTIVE$309,000
2236 Ogden, San Bernardino, California 92407
4Beds
2Baths
1,661Sqft
22,207Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Significant Investment Opportunity: The property is explicitly marketed as an 'Investor’s Special – Fixer Upper Opportunity' for investors and contractors, highlighting its potential for substantial value creation through rehabilitation.
Top Cons:
Extensive Damage: The home has been vandalized and sustained fire damage, requiring extensive and costly repairs throughout the entire property.

Compared to the nearby listings

Price:$309.0K vs avg $475.0K ($-166,000)25%
Size:1,661 sqft vs avg 1,670.5 sqft50%
Price/sqft:$186 vs avg $26950%

More Insights

Built in 1953 (72 years old).
Condition: The property, built in 1953, has sustained extensive fire damage and vandalism, as explicitly stated in the description and clearly visible in the images. The interior is completely gutted, showing only charred framing, with no functional kitchen, bathrooms, flooring, or systems. The structure is unlivable and appears beyond repair, aligning with the 'tear-down' criteria where the value is solely in the land and its potential for redevelopment.
Year Built
1953
Close
-
List price
$309K
Original List price
$329K
Price/Sqft
$186
HOA
-
Days on market
-
Sold On
-
MLS number
IV25241278
Home ConditionTear down
Features
ViewNeighborhood

About this home

Investor’s Special – Fixer Upper Opportunity! This property offers a strong opportunity for investors, contractors, or anyone seeking a major rehab project. The home has been vandalized and has sustained fire damage, requiring extensive repairs throughout. There are two electric meters on the side of the front house. Buyer will need to obtain new permits and verify all building and zoning requirements with the County of San Bernardino. Located in the Muscoy area, this property holds excellent potential once restored. Muscoy is well-known for its semi-rural environment and animal-friendly zoning, allowing for a variety of animals such as chickens, goats, horses, and more. Buyers should verify specific animal regulations and allowances directly with the County. Whether you're planning to fix and flip or rebuild for long-term investment, this is a great opportunity to bring a distressed property back to life and create significant value.

Condition Rating
Tear down

The property, built in 1953, has sustained extensive fire damage and vandalism, as explicitly stated in the description and clearly visible in the images. The interior is completely gutted, showing only charred framing, with no functional kitchen, bathrooms, flooring, or systems. The structure is unlivable and appears beyond repair, aligning with the 'tear-down' criteria where the value is solely in the land and its potential for redevelopment.
Pros & Cons

Pros

Significant Investment Opportunity: The property is explicitly marketed as an 'Investor’s Special – Fixer Upper Opportunity' for investors and contractors, highlighting its potential for substantial value creation through rehabilitation.
Duplex / Residential Income Potential: Classified as a 'Residential Income' property and 'Duplex' with two electric meters, offering potential for multi-unit rental income or multi-family living.
Generous Lot Size: A substantial lot size of 22,207 sqft provides ample space for potential expansion, landscaping, or various outdoor amenities.
Animal-Friendly Zoning: Located in the Muscoy area, known for its semi-rural environment and animal-friendly zoning, appealing to buyers interested in keeping various animals.
High Value Creation Potential: The property offers a clear opportunity to 'bring a distressed property back to life and create significant value' for a savvy investor or developer.

Cons

Extensive Damage: The home has been vandalized and sustained fire damage, requiring extensive and costly repairs throughout the entire property.
Permitting and Zoning Complexity: Buyers are required to obtain new permits and verify all building and zoning requirements with the County, adding significant time, cost, and potential hurdles to the project.
Distressed 'As-Is' Condition: Marketed as a 'fixer upper' and 'distressed property,' it is not habitable in its current state and demands a comprehensive, costly, and time-consuming rehabilitation project.

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