
San Bernardino, California 92404
This High-Potential Investment Opportunity is listed at a List Price of $489,999, positioned well below the $501,505 Fair Market Value by 2%. This valuation gap offers $11,506 in Instant Equity. Featuring a Condition Rating of 2, the home offers a move-in ready interior with a spacious corner lot and mountain views. While the bedroom count discrepancy requires due diligence, the versatile bonus room and detached garage provide significant utility. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2806 Lawrence Avenue Subject 3 bd · 2 ba · 1,128 sqft · $449 | $489,999* List Price | 3 | 2 | 1,128 | $449 | - |
A 2373 N Alameda Sold 3 bd · 2 ba · 1,207 sqft · $398 · 0.4 mi | $480,000 | 3 | 2 | 1,207 | $398 | 0.4 mi |
B 2746 Cedar Sold 3 bd · 2 ba · 1,135 sqft · $471 · 0.1 mi | $535,000 | 3 | 2 | 1,135 | $471 | 0.1 mi |
C 1137 E 25th Sold 3 bd · 2 ba · 1,290 sqft · $395 · 0.3 mi | $510,000 | 3 | 2 | 1,290 | $395 | 0.3 mi |
D 2646 Belle Sold 3 bd · 1 ba · 988 sqft · $447 · 0.8 mi | $442,000 | 3 | 1 | 988 | $447 | 0.8 mi |
E 5889 Dogwood Street Sold 3 bd · 2 ba · 1,028 sqft · $525 · 1.0 mi | $540,000 | 3 | 2 | 1,028 | $525 | 1.0 mi |
F 720 E 23 Rd Sold 3 bd · 1 ba · 1,124 sqft · $489 · 0.5 mi | $550,000 | 3 | 1 | 1,124 | $489 | 0.5 mi |
G 3154 Casa Loma Drive Sold 4 bd · 2 ba · 1,435 sqft · $380 · 0.4 mi | $545,000 | 4 | 2 | 1,435 | $380 | 0.4 mi |
H 1510 E Eureka Sold 3 bd · 2 ba · 1,255 sqft · $446 · 1.0 mi | $560,000 | 3 | 2 | 1,255 | $446 | 1.0 mi |
I 2821 Cedar Active 3 bd · 3 ba · 1,135 sqft · $463 · 0.0 mi | $525,000 List Price | 3 | 3 | 1,135 | $463 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1953, the property was remodeled just a few years ago and recently refreshed with new interior paint, modern laminate flooring, and updated bathroom fixtures. The installation of a mini-split cooling system provides modern climate control, and the interior appears to be in mint, move-in ready condition, meeting the criteria for a renovation under 5 years old.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7200, living area = 1128.
The property is situated on a generous 7,200-square-foot corner lot, providing significant outdoor space for entertaining, family gatherings, and potential landscaping projects.
Having been remodeled a few years ago and recently updated with fresh interior paint and a mini-split cooling system, the home offers a clean, move-in-ready environment.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property is marketed as a 3-bedroom home while title records only reflect 2 bedrooms, which may lead to complications regarding appraisals, permits, or future resale value.
With only 1.5 bathrooms serving a potential 3-bedroom layout, the home may lack the convenience required for larger families or high-occupancy households.
Welcome to this charming 3-bedroom, 1.5-bath home situated on a spacious corner lot. The property also features an additional bonus room that may be used as a third bedroom, home office, guest room, or flex space. Title/public records reflect the property as a 2-bedroom, 1.5-bath home. Remodeled just a few years ago and recently refreshed with new interior paint, this home offers a clean and inviting interior. Mini-split cooling system, provide year-round comfort, while the fireplace adds warmth and character to the living area. The kitchen includes all kitchen appliances. Additional features include a detached two-car garage and a separate laundry/bonus room conveniently located next to the home. The corner lot provides generous outdoor space with plenty of room for entertaining, family gatherings, or simply enjoying the outdoors. This property offers great potential, versatility, and plenty of space to make it your own. Buyer and buyer’s agent are advised to independently verify all information regarding square footage, bedroom and bathroom count, permits, additions, property condition, intended use, and any other matters affecting the property. Buyer to conduct their own due diligence, inspections, investigations, and verification with the appropriate professionals and governmental agencies to satisfy themselves as to all aspects of the property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,128 | 1,362.551 |
| Lot Size | 7,200 | 7,424.257 |
| Price | $490.0K | $520.9K |
| Price per sq ft | $434 | $374 |
| Built year | 1953 | 1956 |
| HOA | $0 | $121 |
| Days on market | 39 | 61 |
Sep 15, 2026
$489,999
Initial Listing
Aug 23, 2024
$490,500
Public Record
Jun 30, 1997
$67,000
Public Record