2288 S Gardena, San Bernardino, California 92408, San Bernardino, 92408 - 2 bed, 1 bath

2288 S Gardena, San Bernardino, California 92408 home-pic-0
ACTIVE$580,000
2288 S Gardena, San Bernardino, California 92408
2Beds
1Bath
1,128Sqft
21,560Lot

Price Vs. Estimate

The estimated value ($480,253.535) is $99,746.465 (17%) lower than the list price ($580,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 21560, living area = 1128.
Top Cons:
Sold As-Is Condition & Age of Property: The property is sold 'As Is,' meaning the buyer assumes all responsibility for repairs and upgrades. Coupled with its 1957 build year, this suggests potential for significant deferred maintenance, outdated systems, and renovation costs.

Compared to the nearby listings

Price:$580.0K vs avg $505.0K (+$75,000)91%
Size:1,128 sqft vs avg 1,213.5 sqft45%
Price/sqft:$514 vs avg $38282%

More Insights

Built in 1957 (68 years old).
Condition: Built in 1957 and explicitly listed 'Sold As Is,' this property likely requires substantial repairs and rehabilitation of its major systems. While the interior benefits from recent cosmetic updates such as new wood-look laminate flooring, fresh paint, and refreshed kitchen cabinets and countertops, the kitchen still features an older range and basic lighting. Crucially, there are no images of the bathroom, which is often a key indicator of a home's overall condition. The outdoor washer and dryer hook-ups further suggest outdated infrastructure. The property analysis also highlights 'potential for significant deferred maintenance, outdated systems, and renovation costs,' indicating that despite the superficial improvements, the core components (HVAC, electrical, plumbing, roof, windows) are likely original or very old and will require significant investment.
Year Built
1957
Close
-
List price
$580K
Original List price
$580K
Price/Sqft
$514
HOA
-
Days on market
-
Sold On
-
MLS number
TR25222772
Home ConditionPoor
Features
ViewNeighborhood

About this home

Excellent opportunity for a first time or experienced investor. Rent out the front house and develop the half acre. Lots of options as an investor. This house is located south of the 10 Freeway with quick access to the I-215 and I-210 Freeway Interchange. Close to Loma Linda University, VA Hospital and Redlands. Commercial zone CR3 adjacent to the Rock Church. Fenced front and back yard. Bonus room that can be used as family room or third bedroom. The house is grandfathered in on the commercial lot. Huge potential with half an acre (21,560 sqft. lot) with different types of businesses approved by the city. Store your RV, boat or vehicles. Buyer's due diligence for allowed intended uses approved by the city. Sold As Is. Adjoining lots also available (2268 Gardena. APN-0283-031-02-0000 & 2278 Gardena. APN-0283-031-03-0000). Washer and dryer hook-ups outside the house.

Nearby schools

4/10
Reche Canyon Elementary School
Public,K-61.5mi
3/10
Victoria Elementary School
Public,K-51.6mi
2/10
Terrace Hills Middle School
Public,7-82.9mi
6/10
Cope Middle School
Public,6-85.2mi
5/10
Grand Terrace High School
Public,9-124.1mi
8/10
Redlands Senior High School
Public,9-125.9mi
Condition Rating
Poor

Built in 1957 and explicitly listed 'Sold As Is,' this property likely requires substantial repairs and rehabilitation of its major systems. While the interior benefits from recent cosmetic updates such as new wood-look laminate flooring, fresh paint, and refreshed kitchen cabinets and countertops, the kitchen still features an older range and basic lighting. Crucially, there are no images of the bathroom, which is often a key indicator of a home's overall condition. The outdoor washer and dryer hook-ups further suggest outdated infrastructure. The property analysis also highlights 'potential for significant deferred maintenance, outdated systems, and renovation costs,' indicating that despite the superficial improvements, the core components (HVAC, electrical, plumbing, roof, windows) are likely original or very old and will require significant investment.
Pros & Cons

Pros

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 = 21560, living area = 1128.
Significant Development & Investment Potential: Explicitly marketed as an excellent investment opportunity, offering the ability to rent out the existing house while developing the substantial half-acre lot.
Commercial Zoning (CR3) & Large Lot Size: Zoned CR3 with a generous 21,560 sqft (half-acre) lot, providing immense flexibility for various commercial uses approved by the city, alongside the existing grandfathered residential use.
Strategic Freeway Access & Proximity to Key Institutions: Located south of the 10 Freeway with quick access to I-215 and I-210, and close to major employers/institutions like Loma Linda University, VA Hospital, and the city of Redlands.
Potential for Property Assembly: The availability of adjoining lots (2268 & 2278 Gardena) presents a unique opportunity for a buyer to expand their land holdings for larger-scale development or a more comprehensive project.
Flexible Use & Income Stream: The existing residential structure can generate rental income while future development plans are explored, offering immediate cash flow within a commercially zoned parcel.

Cons

Sold As-Is Condition & Age of Property: The property is sold 'As Is,' meaning the buyer assumes all responsibility for repairs and upgrades. Coupled with its 1957 build year, this suggests potential for significant deferred maintenance, outdated systems, and renovation costs.
Inconvenient Outdoor Utilities: The washer and dryer hook-ups are located outside the house, which is a significant inconvenience for residents, exposing appliances to weather and potential theft, and lacking modern indoor utility space.
Complex Due Diligence for Commercial Development: While commercially zoned, the description explicitly states 'Buyer's due diligence for allowed intended uses approved by the city,' indicating that navigating specific commercial development approvals and regulations could be a time-consuming and potentially costly process for the buyer.

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