243 E E. Olive Street, San Bernardino, California 92410, San Bernardino, 92410 - 3 bed, 2 bath
243 E E. Olive Street
San Bernardino, California 92410
Property Price
SUMMARY
Analysis of 243 E E. Olive Street, San Bernardino, California 92410 is currently available with a list price of $535,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the San Bernardino Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
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 However, the overall property still relies on outdated heating (wall heaters) and cooling (window AC units) systems, which are significant functional drawbacks.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in renovation quality between the two units, indicate that major components are functional but show signs of being outdated, requiring further updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Income-Generating Duplex
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.
- Updated Front Unit
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.
- Versatile Investment Potential
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.
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.
- Property Age
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.
- Disparity in Unit Updates
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.
About 243 E E. Olive Street
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!
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | - | 83% |
| Baths | 2.0 | - | 83% |
| Square foot | 1,490 | 1,592 | 44% |
| Lot Size | 6,550 | 7,325 | 33% |
| Price | $535.0K | $555.0K | 44% |
| Price per sq ft | $359 | $342 | 61% |
| Built year | 1942 | 1945 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 172 | 6% |
Pricing History
Listed for Sale
Jan 11, 2026
$535,000
Initial Listing