
San Bernardino, California 92410
Analysis of 24769 5th, San Bernardino, California 92410 is currently available with a list price of $1,650,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1963 (60+ years old) with no evidence of recent renovations to kitchens, baths, or major systems. The listing describes the property as a 'blank canvas' for 'redevelopment' and 'value-add' investors, indicating the existing structures are dated and likely require significant rehabilitation or replacement to meet modern standards.
The property features a 4,000 square foot commercial building combined with multiple residential units, including a 4-bedroom mobile home, a 1-bedroom apartment, and three studios, offering robust and varied revenue sources.
Comprising five contiguous parcels totaling approximately one acre, the asset provides significant value-add potential and a large footprint ideal for future redevelopment or expansion.
The property benefits from reliable, long-term tenants with occupancy histories ranging from 3 to 13 years, ensuring immediate and stable cash flow for investors.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =43560, other record lot size in square feet = 7000.
Future redevelopment or repositioning requires the buyer to independently verify zoning and permitted uses, introducing potential regulatory risks or limitations.
With a construction year of 1963, the older mixed-use structures and mobile home may require significant capital expenditure for modernization, repairs, or deferred maintenance.
Rare opportunity to acquire a mixed-use investment property consisting of five contiguous parcels totaling approximately one acre. This income-producing asset features a 4,000 square foot commercial building combined with multiple residential units, offering a diversified and stable income profile with significant value-add potential. The property includes a commercial structure previously utilized as an automotive/motorcycle-related business, formerly operated as Douglas Motorcycle, along with a 4-bedroom mobile home, a 1-bedroom apartment, and three studio units with kitchen and bath facilities. This unique configuration provides multiple income streams and flexibility for both investors and owner-users. With its substantial land footprint, multiple existing structures, and flexible use potential, the property presents strong upside through rent stabilization, property improvements, and potential redevelopment (buyer to verify zoning and permitted uses). Strategically positioned within the Inland Empire, the asset benefits from strong rental demand, continued regional growth, and proximity to major transportation corridors, making it an attractive opportunity for investors seeking both cash flow and long-term appreciation. “This property presents a rare opportunity with strong income potential and multiple use possibilities. Ideal as a value-add investment or redevelopment site, offering a blank canvas for future construction or repositioning.” (buyer to verify zoning and permitted uses). Current tenants are long term 3-13 years. Ideal for: Developers Value-add investors 1031 exchange buyers Owner-users seeking income offset Redevelopment-focused investors This is a rare chance to acquire a multi-income, land-rich asset with significant upside potential in a high-demand Southern California market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 6,880 | 2 |
| Lot Size | 43,560 | 27,007 |
| Price | $1.65M | $760.0K |
| Price per sq ft | $240 | $198.5K |
| Built year | 1963 | 1959 |
| HOA | $0 | $0 |
| Days on market | 29 | 293 |
Jun 23, 2026
$1,650,000
Initial Listing
Feb 24, 2014
$150,000
Public Record