23983 E Central, San Bernardino, California 92408, San Bernardino, 92408 - 3 bed, 1 bath
ACTIVE$350,000
23983 E Central, San Bernardino, California 92408
3Beds
1Bath
1,390Sqft
12,000Lot
Year Built
1959
Close
-
List price
$350K
Original List price
$350K
Price/Sqft
$252
HOA
-
Days on market
-
Sold On
-
MLS number
IG25265807
Home ConditionTear down
Features
View-
About this home
We found 4 Cons,6 Pros. Rank: price - $350.0K(9th), sqft - 1390(50th), beds - 3(50th), baths - 1(50th).
Single Family home on 12,000 sqft light industrial commercial lot - septic tank. Full rehab required (roof in good condition). Property is vacant. Could be used as an office, contractor storage yard, trucking, etc... Cash or hard money.
Price History
Date
Event
Price
11/24/25
Listing
$350,000
Condition Rating
Tear down
The property, built in 1959, is over 50 years old and explicitly states 'Full rehab required.' The images reveal extreme disrepair throughout, particularly in the bathroom which shows significant water damage, missing fixtures, and unsanitary conditions, indicating it is unlivable and requires a complete gut renovation. Other interior spaces have peeling paint, dirty floors, and debris. While the roof is noted as being in good condition, the overall structure and interior systems appear to be beyond economical repair for residential use. The emphasis on the 'light industrial commercial lot' and its potential for redevelopment suggests the value lies primarily in the land, aligning with the criteria for a tear-down.
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 = 12000, living area = 1390.
Large, Industrially Zoned Lot: The 12,000 sqft lot with light industrial commercial zoning provides ample space and flexibility for various business operations or redevelopment.
Diverse Commercial Utility: Explicitly suitable for multiple commercial uses such as office space, contractor storage, or trucking, broadening its market appeal to business owners.
Vacant for Immediate Development: The property's vacant status allows for immediate commencement of renovation or commercial setup without tenant relocation or lease complications.
Sound Roof Structure: The roof being in good condition mitigates a significant potential repair cost, offering a head start on the required full rehabilitation.
Value-Add Investment Potential: Positioned as a 'full rehab required' opportunity, it attracts investors looking to add substantial value through renovation and capitalize on its commercial zoning.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1390, other record living area = 1150.
Comprehensive Rehabilitation Needed: The property requires a 'full rehab,' indicating a substantial financial and time commitment for renovation to bring it to a functional or marketable standard.
Restricted Financing Avenues: The 'cash or hard money' requirement limits the pool of potential buyers, as traditional financing may be difficult to secure due to the property's condition and unique characteristics.
Septic System Dependency: The presence of a septic tank system, rather than municipal sewer, could entail ongoing maintenance, potential replacement costs, and regulatory considerations.