243 E E. Olive Street, San Bernardino, California 92410, San Bernardino, 92410 - bed, bath
ACTIVE$535,000$1,490/sqft
243 E E. Olive Street, San Bernardino, California 92410
0Bed
0Bath
1,490Sqft
6,550Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Duplex Income Potential: The property offers two separate units, providing a strong opportunity for rental income, ideal for both owner-occupants and investors.
Top Cons:
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.
Compared to the nearby listings
Price:$535.0K vs avg $576.8K ($-41,750)39%
Size:1,490 sqft vs avg 1,650 sqft39%
Price/sqft:$359 vs avg $33567%
More Insights
Built in 1942 (84 years old).
Condition: The property, built in 1942, has undergone significant renovations, particularly in the front unit which features a recently updated kitchen with new cabinets, countertops, and flooring, and a fully renovated modern bathroom. The rear unit also shows updates to the kitchen and bathroom, along with new flooring and fresh paint. While the front unit approaches 'excellent' condition due to its recent and comprehensive updates, the property as a whole, including the older exterior of the rear unit and the original build year, prevents an 'excellent' rating. However, it is clearly move-in ready with no immediate major renovations required, aligning well with the 'good' criteria.
Year Built
1942
Close
-
List price
$535K
Original List price
$535K
Price/Sqft
$359
HOA
-
Days on market
-
Sold On
-
MLS number
IG26006589
Home ConditionGood
Features
Good View: Mountain(s), Neighborhood
Patio
ViewMountain(s), Neighborhood
About this home
Fantastic Duplex opportunity in the heart of San Bernardino! This well-maintained property offers two separate units, making it ideal for owner-occupants or investors alike. The front unit features 2 bed/1 bath with approximately 798 sq ft of living space. It has been tastefully updated with fresh interior paint, new flooring, updated kitchen cabinets and countertops, and a recently renovated bathroom, creating a clean, modern feel throughout. The rear unit offers 1 bed /1 bath with approximately 692 sq ft, highlighted by a spacious living room and a functional layout that provides comfort and flexibility. This property presents endless possibilities—live in one unit and rent the other, or add a strong income-producing asset to your portfolio. Conveniently located near shopping, dining, schools, and freeway access. A great opportunity you won’t want to miss!
C
Claudia Madrid
Listing Agent
Condition Rating
Good
The property, built in 1942, has undergone significant renovations, particularly in the front unit which features a recently updated kitchen with new cabinets, countertops, and flooring, and a fully renovated modern bathroom. The rear unit also shows updates to the kitchen and bathroom, along with new flooring and fresh paint. While the front unit approaches 'excellent' condition due to its recent and comprehensive updates, the property as a whole, including the older exterior of the rear unit and the original build year, prevents an 'excellent' rating. However, it is clearly move-in ready with no immediate major renovations required, aligning well with the 'good' criteria.
Pros & Cons
Pros
Duplex Income Potential: The property offers two separate units, providing a strong opportunity for rental income, ideal for both owner-occupants and investors.
Recently Renovated Front Unit: The front unit has been tastefully updated with fresh interior paint, new flooring, updated kitchen, and a renovated bathroom, offering a modern and move-in ready space.
Convenient Location: Strategically located near shopping, dining, schools, and freeway access, enhancing its appeal to potential tenants and owner-occupants.
Versatile Investment Opportunity: The duplex structure allows for flexible ownership, enabling buyers to live in one unit and rent the other, or to acquire a robust income-producing asset.
Desirable Views: The property offers pleasant mountain and neighborhood views, contributing to its aesthetic appeal and overall living experience.
Cons
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.
Property Age: Built in 1942, the property's age may imply older infrastructure or systems that could require future maintenance or upgrades beyond the noted renovations.
Compact Unit Sizes: With units approximately 798 sq ft and 692 sq ft, the living spaces are relatively small, which might limit appeal to larger households or those desiring more expansive interiors.
Unspecified Rear Unit Updates: While the front unit is extensively updated, the description does not detail similar renovations for the rear unit, suggesting it may be in a less updated condition or require future investment.