2474 Belle Street, San Bernardino, California 92404, San Bernardino, 92404 - 5 bed, 3 bath

2474 Belle Street, San Bernardino, California 92404 home-pic-0
ACTIVE$500,000
2474 Belle Street, San Bernardino, California 92404
5Beds
3Baths
1,715Sqft
5,040Lot

Price Vs. Estimate

The estimated value ($500,000) is $0 (0%) lower than the list price ($500,000). This property may be overpriced.

Key pros and cons

Top Pros:
Income Potential / Multi-Generational Living: The property features two distinct living units on one lot, including a converted detached garage with its own kitchen, offering significant flexibility for rental income or accommodating extended family.
Top Cons:
Public Record Discrepancy & Unpermitted Conversion Risk: There is a significant discrepancy between public record square footage (883 sq ft) and the property's actual size (1715 sq ft), strongly indicating the detached garage conversion may be unpermitted, which can impact financing, appraisal, and legal compliance.

Compared to the nearby listings

Price:$500.0K vs avg $505.0K ($-5,000)46%
Size:1,715 sqft vs avg 1,382 sqft75%
Price/sqft:$292 vs avg $36119%

More Insights

Built in 1951 (74 years old).
Condition: Despite being built in 1951, this property has undergone significant and relatively recent renovations, making it move-in ready. The front home features an updated kitchen with white shaker cabinets, butcher block countertops, and a stainless steel range hood, along with modern wood-look laminate flooring throughout. Bathrooms are clean and functional with updated fixtures. The detached garage conversion also provides a clean, functional living space with its own kitchen and bathroom. While it lacks central HVAC (relying on wall units), the overall condition, updated aesthetics, and apparent good maintenance align with the 'Good' rating, indicating no immediate repairs or major updates are required.
Year Built
1951
Close
-
List price
$500K
Original List price
$500K
Price/Sqft
$292
HOA
-
Days on market
-
Sold On
-
MLS number
IV25070294
Home ConditionGood
Features
Patio
View-

About this home

Charming and Versatile Property in San Bernardino! 2474 Belle Street features two separate living spaces on one lot. The front home offers 2 bedrooms, 1.5 bathrooms, an updated kitchen, comfortable living area, and a dedicated laundry/storage space. The detached garage has been converted into a 3-bedroom, 1-bathroom unit with its own kitchen, dining, and living areas — providing flexible options for extended family or guests. Public records reflect the property as a 2-bedroom, 1-bathroom home with 883 sq ft Additional square footage is based on iGuide scan. A clean, property with room to grow — come see all that Belle Street has to offer!

Condition Rating
Good

Despite being built in 1951, this property has undergone significant and relatively recent renovations, making it move-in ready. The front home features an updated kitchen with white shaker cabinets, butcher block countertops, and a stainless steel range hood, along with modern wood-look laminate flooring throughout. Bathrooms are clean and functional with updated fixtures. The detached garage conversion also provides a clean, functional living space with its own kitchen and bathroom. While it lacks central HVAC (relying on wall units), the overall condition, updated aesthetics, and apparent good maintenance align with the 'Good' rating, indicating no immediate repairs or major updates are required.
Pros & Cons

Pros

Income Potential / Multi-Generational Living: The property features two distinct living units on one lot, including a converted detached garage with its own kitchen, offering significant flexibility for rental income or accommodating extended family.
Updated Main Kitchen: The front home benefits from an updated kitchen, enhancing its immediate appeal and functionality for prospective buyers.
Versatile Layout: The dual-unit configuration provides diverse usage options, from multi-family occupancy to potential home office or guest quarters, catering to various buyer needs.
Substantial Living Capacity: With a total of 5 bedrooms and 3 bathrooms across both units, the property offers considerable living space for its price point.
Well-Maintained & Growth Potential: Described as a 'clean' property with 'room to grow,' suggesting it is well-maintained and offers future enhancement opportunities for value appreciation.

Cons

Public Record Discrepancy & Unpermitted Conversion Risk: There is a significant discrepancy between public record square footage (883 sq ft) and the property's actual size (1715 sq ft), strongly indicating the detached garage conversion may be unpermitted, which can impact financing, appraisal, and legal compliance.
Age of Property: Built in 1951, the property's age suggests that core systems (e.g., plumbing, electrical, HVAC) may be original or older, potentially requiring future maintenance or upgrades beyond the noted kitchen update.
Potential for Code Compliance Issues: The unpermitted nature of the garage conversion could lead to code compliance issues, potentially requiring costly modifications or legal challenges to bring the property up to current standards.

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