
San Bernardino, California 92405
This Spacious Single Family Residence is a High-Potential Investment Opportunity, listed at $694,998—positioned well below the $729,616 Fair Market Value by 4%. This valuation gap offers $34,618 in Instant Equity. With a Condition Rating of 4, the home requires cosmetic modernization, yet the expansive 18,240 sqft lot and detached garage offer significant ADU Development Potential. Featuring Mountain Views and a quiet cul-de-sac location, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2989 Ladera Subject 4 bd · 3 ba · 2,302 sqft · $301 | $634,988* List Price | 4 | 3 | 2,302 | $301 | - |
A 3016 Muscupiabe Sold 3 bd · 2 ba · 1,828 sqft · $332 · 0.1 mi | $607,000 | 3 | 2 | 1,828 | $332 | 0.1 mi |
B 1220 W Marshall Sold 2 bd · 1 ba · 1,681 sqft · $265 · 0.3 mi | $445,000 | 2 | 1 | 1,681 | $265 | 0.3 mi |
C 3627 N F St. Sold 3 bd · 2 ba · 1,920 sqft · $321 · 0.9 mi | $617,000 | 3 | 2 | 1,920 | $321 | 0.9 mi |
D 640 W 31st Street Active 3 bd · 2 ba · 2,002 sqft · $309 · 0.5 mi | $619,000 List Price | 3 | 2 | 2,002 | $309 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950, the home is well-maintained and completely livable, but features a highly dated kitchen and vintage yellow-tiled bathrooms that require modernization. While the hardwood and laminate flooring have been updated, the overall property is dated and needs cosmetic updates and minor repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18240, living area = 2302.
The nearly half-acre lot provides rare space for RV parking, heavy equipment, or outdoor expansion, offering significant utility for homeowners with diverse needs.
A detached garage and ample backyard space present a prime opportunity for ADU conversion or additional residential structures, maximizing the property's long-term value.
Built in 1950, the home may require updates to its core systems or interior finishes to meet modern energy efficiency and aesthetic standards.
The significant price increase since its last sale in late 2023 may challenge buyers looking for immediate equity in the current San Bernardino market.
Unique Property with Expansive Lot, Mountain Views & Endless Potential Welcome to this one-of-a-kind property situated on an expansive lot of nearly half an acre, offering exceptional space, privacy, and versatility. Located at the end of a quiet cul-de-sac and surrounded by beautiful, mature trees, this property provides a rare combination of residential comfort and tremendous outdoor potential. The charming Spanish Colonial-style home offers 4 spacious bedrooms, 3 full bathrooms, and more than 2,300 square feet of living space, making it an ideal home for a large family. The property features a large front yard, abundant parking, and a detached garage that offers excellent potential for conversion into an ADU, home office, workshop, or additional flexible space (subject to applicable permits and approvals). The expansive backyard provides an incredible amount of usable space, with room to accommodate large vehicles, work equipment, machinery, recreational vehicles, or other personal needs. There is also plenty of room to explore the possibility of adding another home, ADU, workshop, or other improvements, subject to city and zoning requirements. Enjoy beautiful views of the surrounding mountains and valley, while benefiting from convenient access to Freeways 210 and 215. Whether you're looking for a spacious family home, additional parking and storage, workspace, or a property with development potential, this unique opportunity offers possibilities that are difficult to find. There is so much to appreciate here—come see the property for yourself and experience the space, views, and potential firsthand. This is truly a must-see!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,302 | 1,362.551 |
| Lot Size | 18,240 | 7,424.257 |
| Price | $635.0K | $520.9K |
| Price per sq ft | $276 | $374 |
| Built year | 1950 | 1956 |
| HOA | $0 | $121 |
| Days on market | 37 | 61 |
Oct 6, 2026
$634,988
$694,998
-9% Price Drop
Initial Listing
Sep 17, 2026
$694,998
Initial Listing
Oct 18, 2023
$575,000
Public Record
May 4, 2000
$139,545
Public Record
Jun 2, 1997
$129,000
Public Record
May 6, 1997
$52,500
Public Record