
San Bernardino, California 92407
This property presents a High-Potential Investment Opportunity with a List Price of $299,000—positioned well below the $266,357 Fair Market Value by -12%. While the property is currently priced above market, its proximity to Cal State San Bernardino and private enclosed patio offer strong rental demand. With a Fair Condition Rating, the unit provides a stable base for value-add cosmetic updates. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a well-located, manageable asset with community pool and spa amenities.
Property is moderate renovation needed.
Built in 1989 (35 years old), the property falls into the Fair category as it is over 20 years old with only partial updates. While the interior features newer laminate flooring and appears well-maintained, the kitchen and bathrooms remain dated with older cabinetry and fixtures that likely exceed the 15-30 year renovation window for a higher rating.
The property's location just miles from the university makes it an ideal choice for student housing or faculty rentals, providing strong investment potential and consistent demand.
Featuring a rare enclosed back patio and yard area, this condo offers a private outdoor retreat suitable for pets, gardening, and family enjoyment that is uncommon in similar units.
The unit includes both a one-car detached garage and an assigned parking space, offering superior convenience and security compared to complexes with limited parking options.
With only 789 square feet for a two-bedroom, two-bathroom layout, the living spaces and bedrooms may feel cramped for residents with significant storage needs or large furniture.
The absence of in-unit laundry hookups requires residents to use a community laundry room, which can be a significant inconvenience and a competitive disadvantage in the modern rental market.
BEAUTIFUL TWO BEDROOM TWO BATH LOWER LEVEL CONDO NEAR CAL STATE SB. Great opportunity to buy your own property. This great lower level condo which is located a few miles from Cal State San Bernardino and just minutes from shopping, transportation, and Littlefield/Shultis Park. 2 bedroom 2 bath 789 square feet. Very spacious eat in kitchen with pantry allowing for lots of storage space. Walk in closet, spacious bathrooms, and a community laundry room conveniently located just steps from your front door are just a few of the features this unit offers. 1 car detached garage along with 1 assigned parking space. A serene enclosed back patio/yard area that is great for children, pets, gardening, and family enjoyment. Community offers pool and spa for a low monthly Hoa fee $354.00 per month.
No exterior & parking available.
Grades K-6 • 1.1 mi
Grades K-6 • 1.9 mi
Grades K-6 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 789 | 1,150 |
| Lot Size | 789 | 1,312 |
| Price | $299.0K | $289.8K |
| Price per sq ft | $379 | $276 |
| Built year | 1989 | 1980 |
| HOA | $345.0 | $392 |
| Days on market | 15 | 82 |
Jul 7, 2026
$299,000
Initial Listing
Aug 31, 2022
$260,000
Public Record
Dec 30, 2004
$138,000
Public Record
Apr 18, 2001
$72,500
Public Record
Apr 2, 1998
$58,500
Public Record