243 E E. Olive Street, San Bernardino, California 92410, San Bernardino, 92410 - 3 bed, 2 bath
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San Bernardino, California 92410
This Income-Generating Duplex is a versatile residential asset listed at $535,000, positioned within a competitive market relative to its $475,327 Fair Market Value. Boasting a Condition Rating of 4, the property features a Renovated Front Unit with modern cabinetry and flooring, a private Patio, and scenic Mountain Views. The 1,490 sq ft layout provides immediate rental utility or a "house-hack" lifestyle within the San Bernardino City Unified district, supported by strong local demand for multi-unit housing. This is a strategic acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 243 E E. Olive Street Subject | $520,000* List Price | 3 | 2 | 1,490 | $310 | - |
A 390 E 4th Sold | $505,000 | 2 | 1 | 1,309 | $386 | 0.8 mi |
B 1079 1075 Belvan Active Under Contract | $399,000 List Price | 3 | 1 | 1,100 | $363 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1942, has received recent cosmetic updates in the front unit, including a modern kitchen with new cabinets, countertops, and flooring, and a recently renovated, stylish bathroom. The rear unit also shows some updated kitchen elements like cabinets and countertops, but retains older tile flooring and a more dated bathroom. However, the overall property still relies on outdated heating (wall heaters) and cooling (window AC units) systems, which are significant functional drawbacks. While the cosmetic updates are recent, the age of the property and the lack of central HVAC, along with the disparity in renovation quality between the two units, indicate that major components are functional but show signs of being outdated, requiring further updates to meet modern standards.
This property is a fantastic duplex opportunity, offering two separate units ideal for generating rental income or for an owner-occupant to live in one and rent the other.
The front unit has been tastefully updated with fresh interior paint, new flooring, updated kitchen cabinets and countertops, and a recently renovated bathroom, providing a clean, modern feel.
The property presents endless possibilities, catering to both owner-occupants seeking supplemental income and investors looking to add a strong income-producing asset to their portfolio.
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.
Built in 1942, the property is over 80 years old, which may imply potential for older infrastructure and systems that could require future maintenance or upgrades beyond the cosmetic updates mentioned.
While the front unit is extensively updated, the description for the rear unit is less detailed regarding renovations, suggesting it may not have received the same level of modern upgrades.
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!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 0.0 | 81% |
| Baths | 2.0 | 0.0 | 81% |
| Square foot | 1,490 | 1,650 | 44% |
| Lot Size | 6,550 | 7,225 | 38% |
| Price | $520.0K | $581.0K | 44% |
| Price per sq ft | $349 | $342 | 56% |
| Built year | 1942 | 1941 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 101 | 214 | 6% |
Apr 7, 2026
$520,000
$535,000
-3% Price Drop
Initial Listing
Jan 11, 2026
$535,000
Initial Listing