2271 W 7th Street, San Bernardino, California 92410, San Bernardino, 92410 - 3 bed, 2 bath
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San Bernardino, California 92410
This Value-Add Residential Asset is listed at $540,000, offering a substantial footprint for modernization in an established neighborhood. While currently positioned above the $466,983 Fair Market Value, the property’s Condition Rating of 5 signals a major renovation project with significant forced appreciation potential. The 1,575 sq ft interior and 7,344 sq ft lot provide ample space for reconfiguration and essential system upgrades. Located within the San Bernardino City Unified district, this property is a strategic acquisition for Fix-and-Flip Investors or Contractors focused on high-utilization lot potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2271 W 7th Street Subject | $540,000* List Price | 3 | 2 | 1,575 | $296 | - |
A 2455 Saint Elmo Drive Sold | $505,000 | 3 | 2 | 1,140 | $443 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1955, this property is 69 years old. The listing explicitly states it 'may require significant updates to its systems (e.g., plumbing, electrical, HVAC) and aesthetics to meet modern standards and preferences.' The complete absence of interior photos, particularly of the kitchen and bathrooms, strongly suggests these areas are severely outdated and require substantial rehabilitation. Without any evidence of recent renovations, it's highly probable that the kitchen, bathrooms, flooring, and major systems are original or last updated 30-50+ years ago, necessitating major repairs and modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7344, living area = 1575.
The property boasts a substantial 7,344 sqft lot, providing ample outdoor space for landscaping, potential expansion, or recreational activities.
With 3 bedrooms and 2 bathrooms across 1,575 sqft, the home offers a practical and comfortable living space suitable for various household needs.
Constructed in 1955, the home may require significant updates to its systems (e.g., plumbing, electrical, HVAC) and aesthetics to meet modern standards and preferences.
The current property description is vague ('Awesome Property located minutes to all major excitement') and lacks specific details or unique selling points that could attract a broader range of buyers.
While the property 'has_view,' it is categorized as a 'Neighborhood' view, which does not offer the premium value or appeal of more desirable views such as city lights, mountains, or water.
Awesome Property located minutes to all major excitement
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 | 1,575 | 1,224 | 75% |
| Lot Size | 7,344 | 7,232 | 59% |
| Price | $540.0K | $490.0K | 67% |
| Price per sq ft | $343 | $384 | 36% |
| Built year | 1955 | 1955 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 260 | 201 | 82% |
Aug 5, 2025
$540,000
Initial Listing