
San Bernardino, California 92407
This property presents a High-Potential Investment Opportunity with a List Price of $565,000—positioned well above the $478,030 Fair Market Value. While the property requires a strategic approach, the 7,200 sqft lot and existing Guest House provide significant value-add potential for rental income or multi-generational living. With a Condition Rating of 4, the home requires cosmetic modernization to reach its full market potential. This asset is ideally suited for Buy-and-Hold Investors or first-time buyers looking to leverage the large lot for long-term equity growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2313 Portola Subject | $565,000* List Price | 3 | 1 | 988 | $484 | - |
A 4868 N Varsity Sold | $430,000 | 2 | 1 | 873 | $493 | 0.9 mi |
B 5305 Lilac Street Pending | $535,000 List Price | 3 | 2 | 1,198 | $447 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1957, the home features a dated kitchen and bathroom with finishes and appliances likely over 20 years old. While the property appears functional and move-in ready, it requires cosmetic modernization and likely updates to older systems to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7200, living area = 988.
The inclusion of a guest house built by prior owners provides significant value, offering opportunities for rental income, a home office, or multi-generational living.
The property features a large 7,200 sqft lot with a two-car attached garage and a paved front yard, ensuring plenty of off-street parking for residents and guests.
With only one bathroom serving three bedrooms, the home may present functional challenges for larger families or modern buyer expectations.
At just 988 square feet, the living space is relatively small for a three-bedroom floor plan, which may result in a cramped feel for some occupants.
Great Investment Opportunity or for a First Time Homebuyer. This 3 Bedroom 1 Bath home is on a large lot in in a quiet neighborhood at the top of San Bernardino. There is a 2 car Attached Garage and Paved Front Yard for additional Off Street Parking. There is No HOA here. Prior owners built a Guest House. Easy access to Interstate 15 or Interstate 215. Lots of Options - Primary Residence, Rental Property or Weekend Home for Vegas Commuters. Quick trip to Las Vegas from here.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 988 | 1,228 |
| Lot Size | 7,200 | 7,500 |
| Price | $565.0K | $518.9K |
| Price per sq ft | $572 | $376 |
| Built year | 1957 | 1953 |
| HOA | $0 | $121 |
| Days on market | 1 | 63 |
Jul 21, 2026
$565,000
Initial Listing
Sep 14, 2023
$430,000
Public Record
Jul 26, 2022
$390,000
Public Record
Mar 21, 2002
$94,000
Public Record