RealKey
‪(213) 433-7766‬

263 E Hill Drive, San Bernardino, California 92404, San Bernardino, 92404 - 3 bed, 2 bath

263 E Hill Drive, San Bernardino, California 92404 home-pic-0
ACTIVE$600,000
263 E Hill Drive, San Bernardino, California 92404
3Beds
2Baths
1,613Sqft
6,900Lot

Price Vs. Estimate

The estimated value ($448,595.87) is $151,404.13 (25%) lower than the list price ($600,000). This property may be overpriced.

Key pros and cons

Top Pros:
Income-Generating Potential: The property features an additional downstairs unit with its own bedroom, bathroom, and kitchenette, offering significant potential for rental income or multi-generational living.
Top Cons:
Significant Overpricing: The current list price of $600,000 is substantially higher than the estimated property value of $448,595.87 and recent comparable sales, indicating a potential overvaluation.

Compared to the nearby listings

Price:$600.0K vs avg $505.0K (+$95,000)84%
Size:1,613 sqft vs avg 1,382 sqft65%
Price/sqft:$372 vs avg $36157%

More Insights

Built in 1961 (64 years old).
Condition: Built in 1961, this property is 63 years old and shows significant signs of age and deferred maintenance. The kitchen features very outdated white painted cabinets, older white appliances, and a mix of dated flooring, indicating a need for substantial rehabilitation. Visible window AC units suggest an outdated or non-existent central cooling system. Light fixtures and ceiling fans are also old-fashioned. One bedroom appears unfinished or in disrepair, requiring significant work. While the property offers an additional downstairs unit, the overall condition of the main home's visible areas points to a need for extensive updates and repairs to meet modern living standards, aligning with the 'poor' condition criteria.
Year Built
1961
Close
-
List price
$600K
Original List price
$600K
Price/Sqft
$372
HOA
-
Days on market
-
Sold On
-
MLS number
PW24212450
Home ConditionPoor
Features
Good View: Hills, Mountain(s), Neighborhood
Deck
Pool
Patio
ViewHills, Mountain(s), Neighborhood

About this home

Welcome to 263 E Hill Drive, a charming 3-bedroom, 2-bathroom home nestled in the desirable North Park area of San Bernardino. This property offers a unique blend of comfort and versatility, featuring an additional downstairs unit measuring approximately 600 square feet, complete with its own bedroom, full bathroom, and kitchenette. Perched on a hillside lot with dual access from both Hill Drive and 52nd Street, this home is perfect for those looking to rent out the additional unit or accommodate family members while ensuring everyone has their own privacy. The functional layout of the main home flows beautifully, making it easy to envision your personal touches throughout. Whether you're seeking a place to call your own or an investment opportunity, 263 E Hill Drive provides a wonderful canvas for your dreams. Come see for yourself why this property is a must-visit!

Condition Rating
Poor
Built in 1961, this property is 63 years old and shows significant signs of age and deferred maintenance. The kitchen features very outdated white painted cabinets, older white appliances, and a mix of dated flooring, indicating a need for substantial rehabilitation. Visible window AC units suggest an outdated or non-existent central cooling system. Light fixtures and ceiling fans are also old-fashioned. One bedroom appears unfinished or in disrepair, requiring significant work. While the property offers an additional downstairs unit, the overall condition of the main home's visible areas points to a need for extensive updates and repairs to meet modern living standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Income-Generating Potential: The property features an additional downstairs unit with its own bedroom, bathroom, and kitchenette, offering significant potential for rental income or multi-generational living.
Desirable Neighborhood: Located in the desirable North Park area of San Bernardino, known for its appeal and community atmosphere.
Scenic Views: Enjoy picturesque views of the hills, mountains, and surrounding neighborhood, enhancing the property's aesthetic appeal.
Unique Dual Access Lot: Positioned on a hillside lot with convenient dual access from both Hill Drive and 52nd Street, providing flexibility and ease of entry.
Functional Main Home Layout: The main home boasts a functional layout that flows beautifully, offering a comfortable and adaptable living space.

Cons

Significant Overpricing: The current list price of $600,000 is substantially higher than the estimated property value of $448,595.87 and recent comparable sales, indicating a potential overvaluation.
Age and Need for Updates: Built in 1961, the main residence likely requires significant modernization and updates to its systems and aesthetics to meet current buyer expectations and compete with recently renovated properties.
Potential for Deferred Maintenance: As an older property without explicit mention of recent major renovations in the main home, there's a higher likelihood of deferred maintenance issues that could require additional investment from the buyer.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state