2777 Serrano Road, San Bernardino, California 92405, San Bernardino, 92405 - 3 bed, 2 bath

2777 Serrano Road, San Bernardino, California 92405 home-pic-0
ACTIVE UNDER CONTRACT$520,000
2777 Serrano Road, San Bernardino, California 92405
3Beds
2Baths
1,516Sqft
10,500Lot

Price Vs. Estimate

The estimated value ($510,505.75) is $9,494.25 (1%) lower than the list price ($520,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10500, living area = 1516.
Top Cons:
Age of Property: Built in 1941, the home is over 80 years old, which may indicate older systems (e.g., plumbing, electrical, HVAC) and potential for deferred maintenance or the need for significant updates to meet modern standards.

Compared to the nearby listings

Price:$520.0K vs avg $477.0K (+$43,000)75%
Size:1,516 sqft vs avg 1,246 sqft69%
Price/sqft:$343 vs avg $37139%

More Insights

Built in 1941 (84 years old).
Condition: The property was built in 1941, making it over 80 years old. While the kitchen has been updated with white cabinets, granite countertops, and a mosaic backsplash, these updates appear to be 10-20 years old and are not current in style. The flooring throughout includes older laminate/engineered wood and worn carpets in bedrooms. The presence of a window AC unit suggests an outdated or inadequate central cooling system. The bathrooms are not clearly pictured, but the overall condition indicates a home that is functional and maintained but shows its age and would benefit from significant aesthetic and system updates to meet modern standards, aligning with the 'fair' category.
Year Built
1941
Close
-
List price
$520K
Original List price
$525K
Price/Sqft
$343
HOA
-
Days on market
-
Sold On
-
MLS number
DW25215546
Home ConditionFair
Features
ViewNeighborhood

About this home

Opportunity Knocks !!! Extraordinary Opportunity to own this Spacious Home, Welcome to 2777 Serrano Rd... Huge Lot!!! RV and Boat Parking! This charming home is ready for its next chapter! Move-in ready and full of potential, it offers a solid foundation with plenty of space to make it your own. You’ll find great bones, a functional layout, and endless opportunities to add your personal touch. Whether you’re a first-time buyer, an investor, or simply looking for a home you can customize, this property is a fantastic opportunity. Don’t miss the chance to create the home you’ve always envisioned! Call today to schedule your private Tour.

Condition Rating
Fair

The property was built in 1941, making it over 80 years old. While the kitchen has been updated with white cabinets, granite countertops, and a mosaic backsplash, these updates appear to be 10-20 years old and are not current in style. The flooring throughout includes older laminate/engineered wood and worn carpets in bedrooms. The presence of a window AC unit suggests an outdated or inadequate central cooling system. The bathrooms are not clearly pictured, but the overall condition indicates a home that is functional and maintained but shows its age and would benefit from significant aesthetic and system updates to meet modern standards, aligning with the 'fair' category.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10500, living area = 1516.
Generous Lot Size: The property boasts a substantial 10,500 sqft lot, offering ample outdoor space for various uses, potential expansion, or extensive landscaping.
RV and Boat Parking: A significant advantage for owners of recreational vehicles, the property explicitly offers dedicated RV and boat parking capabilities.
Move-in Ready with Customization Potential: Described as 'move-in ready' with a 'solid foundation' and 'endless opportunities to add your personal touch,' appealing to buyers seeking immediate occupancy with future personalization options.
Functional Layout: The home features a 'functional layout' within its 1516 sqft, suggesting an efficient and practical use of interior space.
Investment Opportunity: Marketed as a 'fantastic opportunity' for 'first-time buyer, an investor, or simply looking for a home you can customize,' highlighting its potential for value addition or rental income.

Cons

Age of Property: Built in 1941, the home is over 80 years old, which may indicate older systems (e.g., plumbing, electrical, HVAC) and potential for deferred maintenance or the need for significant updates to meet modern standards.
Standard View: While a view is present, it is categorized as a 'Neighborhood' view, which typically offers less premium appeal and value compared to more desirable panoramic, mountain, or city light views.
Requires Updates/Personalization: The emphasis on 'endless opportunities to add your personal touch' and 'make it your own' suggests that while functional, the property likely requires aesthetic updates or renovations to fully modernize, incurring additional cost and effort for buyers.

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