2681 Valencia Avenue, San Bernardino, California 92404, San Bernardino, 92404 - 3 bed, 4 bath
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San Bernardino, California 92404
This Spacious Multi-Unit Potential Residence is a High-Potential Investment Opportunity, listed at $750,000—positioned well below the $905,222 Fair Market Value by 17%. This valuation gap provides $155,222 in Instant Equity. While maintaining a Condition Rating of 4, the property features a Versatile Back House, Paid-Off Solar, and a Pool with Spa on an expansive 20,400 sqft lot. Located in the San Bernardino City Unified district with Mountain Views, it offers significant upside through cosmetic modernization. This is an ideal acquisition for Owner-Occupants seeking a value-add "house hack" or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2681 Valencia Avenue Subject | $750,000* List Price | 3 | 4 | 3,226 | $281 | - |
A 984 E Lynwood Drive Sold | $578,400 | 3 | 2 | 2,022 | $286 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1947, the property shows signs of being aged but maintained. While one bathroom appears updated, the kitchen features outdated light wood cabinets, older black appliances, and dated flooring. The other bathrooms also exhibit older styles with tile countertops and dated wallpaper. A significant drawback is the stated lack of central air conditioning, which would require a major installation. The overall interior style and finishes suggest renovations were done 15-30 years ago, making it functional but requiring substantial cosmetic updates to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20400, living area = 3226.
The property includes a separate back house with a bathroom, offering significant flexibility for guests, a studio, private workspace, or potential rental income.
The expansive backyard features a pool with a spa, a covered patio, and a basketball court, providing exceptional options for recreation and entertaining.
Built in 1947, the home's age may imply a need for modern updates in certain areas or potential for aging systems not explicitly mentioned as renovated.
The property description does not mention a cooling system, which could be a significant drawback in San Bernardino's hot climate, potentially requiring a new installation.
The laundry area is located in the detached garage, which may be less convenient for daily use compared to an indoor laundry room.
This property features a main home and a back house, offering plenty of space and flexibility. The back house includes an open room with a bathroom and shower, perfect for guests, a studio, or a private workspace. Inside the main home, you'll find a living room with a fireplace, a dining room, and a kitchen with an eating area, and plenty of cabinet and counter space. A den with a fireplace and built-in shelves provides a cozy place to unwind. The living room opens through French doors to a spacious game room with a bar and sink, built-in entertainment center, ceiling fan, and French doors leading to the backyard. The primary suite includes its own private bathroom, and another bathroom with a shower is conveniently located near the front bedroom. The laundry area is located in the detached garage. Another bonus is that the Solar panels are paid off. Outside, you’ll find a pool with a spa, a covered patio, and a basketball court perfect for gatherings and outdoor fun. The circular driveway provides plenty of parking and easy access, all set on an expansive 20,400 sqft lot. This home offers room to relax, entertain, and make lasting memories.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 2.0 | 97% |
| Square foot | 3,226 | 1,337 | 98% |
| Lot Size | 20,400 | 8,300 | 96% |
| Price | $750.0K | $515.0K | 98% |
| Price per sq ft | $232 | $375 | 6% |
| Built year | 1947 | 1954 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 79 | 191 | 10% |
Feb 2, 2026
$750,000
Initial Listing
May 26, 2017
$480,000
Public Record