243 E Olive, San Bernardino, California 92410, San Bernardino, 92410 - 3 bed, 2 bath
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243 E Olive
San Bernardino, California 92410
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,490Sq Ft
6,550Lot Size
Property Price
LIST PRICE$535,000
EST. MARKET VALUE
$521,166
SUMMARY
This Duplex Residential Income property represents a High-Potential Investment Opportunity, listed at $535,000—positioned slightly above the $520,056 Fair Market Value. While the property requires minor exterior attention, its Condition Rating of 3 reflects significant interior modernizations, including new flooring and kitchen upgrades. The dual-unit layout provides immediate rental flexibility, making it a stable asset in the San Bernardino City Unified district. With its strategic location near major freeways, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Estimated Market Value
$521,166
Based on Realkey algorithm analyzing recent comparable sales in San Bernardino.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 243 E Olive Subject | $535,000* List Price | 3 | 2 | 1,490 | $350 | - |
A 390 E 4th Sold | $505,000 | 2 | 1 | 1,309 | $386 | 0.8 mi |
B 1079 1075 Belvan Sold | $375,000 | 3 | 1 | 1,100 | $341 | 0.8 mi |
C 274 E Kingman St Pending | $669,400 List Price | 0 | 0 | 1,500 | $446 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Originally built in 1942, the property has undergone a recent renovation featuring modern shaker-style kitchen cabinets, quartz countertops, and new laminate flooring. While the interior is in excellent, move-in-ready condition, the overall age of the structure and the more dated, weathered appearance of the rear unit's exterior and patio structures prevent a rating of 'Excellent'.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Income Potential
As a well-maintained duplex, this property offers excellent versatility for owner-occupants looking to house-hack or investors seeking a turnkey rental asset in a high-demand area.
- Recent Interior Upgrades
The front unit features significant modernizations, including new flooring, fresh paint, and a renovated kitchen and bathroom, which reduces immediate capital expenditure for the buyer.
- Strategic Location
The property is conveniently situated near major freeways, schools, and shopping centers, ensuring strong tenant appeal and ease of commute for residents.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1490, other record living area = 798. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Vintage Infrastructure
Built in 1942, the property may possess aging structural or mechanical systems that could require ongoing maintenance or future upgrades common for homes of this era.
- Compact Living Spaces
With both units offering relatively small square footage (798 and 692 sq ft), the property may be less attractive to larger families or tenants requiring more spacious accommodations.
About 243 E Olive
***THE SELLER IS MOTIVATED AND OPEN TO REVIEWING COMPELLING OFFERS*** Fantastic Duplex Opportunity with Value-Add Potential in Heart of San Bernardino! Don't miss this exceptional investment opportunity featuring a well-maintained duplex with room for future expansion on both units, offering incredible potential to increase living space, rental income, and long-term value. The front unit features 2 bedrooms, 1 bathroom, and approximately 798 sq. ft. of beautifully updated living space. Recent improvements include fresh interior paint, new flooring, updated kitchen cabinetry and countertops, and a tastefully renovated bathroom, creating a bright, modern, move-in-ready home.The rear unit offers 1 bedroom, 1 bathroom, and approximately 692 sq. ft., featuring a spacious living room and a functional floor plan that provides comfort and flexibility. With additional room to expand, this unit presents an exciting opportunity to maximize rental income or enhance future resale value. Whether you're looking to live in one unit and rent the other, accommodate extended family, or add a strong cash-flowing property to your investment portfolio, this duplex offers versatility and upside. The expansion potential for both units makes this a rare value-add opportunity for investors seeking to build equity and increase returns over time. Ideally located near shopping, dining, schools, and convenient freeway access, this property combines location, functionality, and future potential. Opportunities like this don't come around often—schedule your showing today!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1942
- Lot Size
- 6,550 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.3 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,490 | 1,865.083 |
| Lot Size | 6,550 | 7,752.25 |
| Price | $535.0K | $639.4K |
| Price per sq ft | $359 | $329 |
| Built year | 1942 | 1949 |
| HOA | $0 | $0 |
| Days on market | 63 | 65 |
Pricing History
Listed for Sale
Jul 8, 2026
$535,000
Initial Listing