
San Bernardino, California 92404
This property presents a Strong Value Opportunity with a List Price of $419,500—positioned well below the $382,212 Fair Market Value by -9%. While the home carries a Condition Rating of 5, the 6,750 sq. ft. lot and detached garage provide significant Value-Add Potential for those capable of executing a full renovation. This asset is ideal for Fix-and-Flip Investors or Contractors who can leverage the property's original 1954 footprint to create forced appreciation in a well-connected San Bernardino location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 255 E 41st Street Subject | $419,500* List Price | 2 | 1 | 896 | $427 | - |
A 244 E 42nd Street Sold | $470,000 | 2 | 1 | 850 | $553 | 0.1 mi |
B 279 E 45 Street Sold | $450,000 | 3 | 1 | 1,035 | $435 | 0.3 mi |
C 227 E 47th Sold | $450,000 | 3 | 1 | 988 | $455 | 0.4 mi |
D 235 43rd Street Sold | $445,000 | 3 | 2 | 834 | $534 | 0.1 mi |
E 3475 Belle Sold | $474,000 | 3 | 1 | 1,204 | $394 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954 and largely in original condition, this home exceeds the 30-50 year threshold for major systems and finishes. The kitchen features original cabinetry and vintage appliances, the living area has dated wood paneling and wall heaters, and the listing explicitly states the property needs TLC and full renovation before being move-in ready.
Offered at a pre-renovation price point, this property provides a significant opportunity for investors or handy homeowners to build equity through customization and modern updates.
The 6,750 sq. ft. lot includes a detached garage, long driveway, and mature trees, offering ample space for outdoor entertaining, gardening, or a potential ADU.
Conveniently situated near Tom Gould Park and major transportation corridors like the 210 and 215 freeways, providing easy access to regional employment and amenities.
The home is in original 1954 condition and requires significant TLC and modernization, which will necessitate immediate additional capital investment after purchase.
With only 896 square feet and a single bathroom, the compact footprint may be restrictive for modern families or those requiring more functional utility.
Opportunity knocks!! Here is your chance to purchase a home with tremendous potential and make it your own before renovations begin and the property is offered at a substantially higher price. This 2-bedroom, 1-bath home sits on an approximately 6,750 sq. ft. lot and offers a great starting point for a buyer looking to customize, renovate, and create their own dream home. The property retains much of its original character and does need TLC and updating, but that is exactly what makes this opportunity so appealing—bring your ideas and transform the home to match your personal style rather than paying a premium for someone else's renovation. INSIDE: you'll find a spacious living area with abundant natural light, an original kitchen offering plenty of cabinetry, generously sized rooms, and an existing floor plan ready for a fresh vision. Outside, the property offers even more possibilities with a long driveway providing ample off-street parking, detached garage, covered rear patio, and a sizable backyard with mature trees and room to create an inviting outdoor entertaining space, garden, play area, or private retreat. LOCATION: is another major advantage. The 41st Street area provides convenient access to everyday shopping, dining and services, while nearby recreation includes San Bernardino's extensive park system. Tom Gould Park is located on W. 40th Street, and the city offers numerous additional parks, playgrounds and recreational facilities throughout the area. San Bernardino also provides access to major Inland Empire transportation corridors including the 210 and 215 freeways, making it convenient for reaching surrounding employment, shopping and entertainment destinations. REAL OPPORTUNITY TO BUY IT NOW. Instead of waiting for the property to be renovated, updated and offered at a much higher price, YOU can purchase it in its current condition and potentially capture that upside for themselves. Whether you're looking for a home you can improve over time or a property where you can bring your renovation ideas to life, NOW IS YOUR chance to build value while creating a home that's truly your own. Bring your vision, your ideas and your imagination—opportunities to buy before the transformation don't come around often.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 896 | 1,336.28 |
| Lot Size | 6,750 | 7,410.822 |
| Price | $419.5K | $519.7K |
| Price per sq ft | $468 | $377 |
| Built year | 1954 | 1955 |
| HOA | $0 | $121 |
| Days on market | 8 | 61 |
Sep 1, 2026
$419,500
Initial Listing