2838 N G Street, San Bernardino, California 92405, San Bernardino, 92405 - 3 bed, 1 bath
ACTIVE$499,999
2838 N G Street, San Bernardino, California 92405
3Beds
1Bath
936Sqft
7,950Lot
Price Vs. Estimate
The estimated value ($462,543.22) is $37,455.78 (7%) lower than the list price ($499,999). 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 = 7950, living area = 936.
Top Cons:
Age of Property: Built in 1929, the property is nearly a century old, which may entail potential for older infrastructure, systems (plumbing, electrical), and higher maintenance or upgrade costs for a buyer.
Compared to the nearby listings
Price:$500.0K vs avg $477.0K (+$22,999)65%
Size:936 sqft vs avg 1,242.5 sqft15%
Price/sqft:$534 vs avg $37494%
More Insights
Built in 1929 (96 years old).
Condition: While the property, built in 1929, features recently updated kitchens with modern cabinets, granite countertops, and new laminate flooring, the overall condition is 'Fair'. The main bathroom appears basic and functional rather than extensively renovated, and some appliances (like the gas ranges) are older models. The exterior and landscaping also show signs of neglect. Despite cosmetic updates in key areas, the significant age of the original structure suggests that major systems (plumbing, electrical, HVAC) may be outdated or nearing the end of their lifespan, which is not addressed in the listing or visible in the images. The property is livable and has appealing updated spaces, but it is not a comprehensive renovation that would qualify it as 'Good' given its age.
Year Built
1929
Close
-
List price
$500K
Original List price
$525K
Price/Sqft
$534
HOA
-
Days on market
-
Sold On
-
MLS number
CV25174596
Home ConditionFair
Features
Good View: Mountain(s)
Patio
ViewMountain(s)
About this home
***Motivated seller! Offering $5,000 toward buyer’s closing costs *** This charming and versatile property offers the perfect blend of comfort, functionality, and income potential. The main home features 4 bedrooms, 2 bathrooms, and an open-concept layout filled with natural light. The updated kitchen includes granite countertops, ample cabinetry, and modern finishes, making it ideal for everyday living and entertaining. A standout feature of this property is the ADU (Accessory Dwelling Unit)—a beautifully finished 1-bedroom, 1-bath unit with its own private entrance. Whether used for extended family, guests, or rental income, this additional space adds tremendous value and flexibility. Situated in a quiet, established neighborhood and conveniently located near schools, parks, shopping, and major freeways, this is a rare opportunity to own a multi-functional property in the heart of San Bernardino. Don’t miss your chance to tour this unique home—schedule your showing today!
Condition Rating
Fair
While the property, built in 1929, features recently updated kitchens with modern cabinets, granite countertops, and new laminate flooring, the overall condition is 'Fair'. The main bathroom appears basic and functional rather than extensively renovated, and some appliances (like the gas ranges) are older models. The exterior and landscaping also show signs of neglect. Despite cosmetic updates in key areas, the significant age of the original structure suggests that major systems (plumbing, electrical, HVAC) may be outdated or nearing the end of their lifespan, which is not addressed in the listing or visible in the images. The property is livable and has appealing updated spaces, but it is not a comprehensive renovation that would qualify it as 'Good' given its age.
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 = 7950, living area = 936.
Income Potential & Versatility: The property features a separate, beautifully finished 1-bedroom, 1-bath Accessory Dwelling Unit (ADU) with its own private entrance, offering significant flexibility for rental income, extended family, or guests.
Motivated Seller & Price Incentive: The seller is highly motivated, offering $5,000 towards buyer's closing costs and having already reduced the list price from $524,999 to $499,999, indicating a strong willingness to negotiate.
Updated Kitchen: The main home boasts an updated kitchen with granite countertops, ample cabinetry, and modern finishes, providing an attractive and functional space for daily living and entertaining.
Convenient Location: Situated in a quiet, established neighborhood, the property offers convenient access to schools, parks, shopping, and major freeways, enhancing its appeal to a broad range of buyers.
Mountain Views: The property benefits from desirable mountain views, adding to its aesthetic appeal and potentially increasing its long-term value.
Cons
Age of Property: Built in 1929, the property is nearly a century old, which may entail potential for older infrastructure, systems (plumbing, electrical), and higher maintenance or upgrade costs for a buyer.
Data Discrepancy & Potential for Small Living Spaces: There is a significant discrepancy between the description (4-bed main home + 1-bed ADU) and the structured data (3 beds, 1 bath, 936 sqft). If 936 sqft represents the total living area for both units, it suggests very small living spaces, which could be a major drawback and requires clarification.
Overpriced Relative to Market Estimate: The current listing price of $499,999 is 8% higher than the estimated property value of $457,133, which could make it less competitive and deter potential buyers seeking market value.