
San Bernardino, California 92407
This Value-Add Residential Asset is listed at $350,000, positioned accurately at its $350,000 Fair Market Value. The property offers significant long-term upside through its 10,654 sqft lot, covered patios, and rare Horse-Friendly Zoning, providing a unique footprint for expansion. With a Condition Rating of 4, the 1940s structure requires moderate renovations to meet modern standards. Located within the San Bernardino City Unified district near Cal State San Bernardino, it is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-utilization lot with significant sweat-equity potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3083 N Macy Street Subject | $350,000* List Price | 2 | 1 | 916 | $382 | - |
A 2750 June Sold | $305,000 | 2 | 1 | 900 | $339 | 0.7 mi |
B 3303 Otono Court Active | $399,999 List Price | 2 | 1 | 921 | $434 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1940, this property is an older home. While the exterior appears maintained based on the images, and the description calls it 'charming' and 'cozy,' there's no mention of recent extensive renovations. Given its age, it's highly probable that the kitchen, bathroom, flooring, and major systems are outdated and would require significant updates to meet modern standards. It is livable but will need minor to moderate renovations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10654, living area = 916.
The property boasts a generous 10,654 sqft lot with a massive, fully fenced backyard and spacious covered patios, offering exceptional potential for outdoor entertaining, gardening, or creating a dream outdoor oasis.
Benefiting from horse-friendly zoning, this property offers a rare opportunity for equestrian enthusiasts to keep horses on-site, significantly broadening its appeal to a niche market.
With only 916 sqft, 2 bedrooms, and 1 bathroom, the interior living space is relatively small, which may limit its suitability for larger families or those requiring more expansive indoor areas.
Built in 1940, the home is an older property, which may imply a need for updates to systems, finishes, or potential deferred maintenance to meet modern living standards.
The property has undergone a significant price reduction from its original list price, which could indicate initial overpricing or market resistance, potentially affecting perceived value or future appreciation.
Charming Home in Muscoy with Expansive Backyard! This cozy 2-bedroom, 1-bathroom home sits on a generous lot, offering ample space and flexibility. Features include a large RV gate with plenty of parking, horse-friendly zoning, and full perimeter fencing for privacy. Outdoor amenities include automatic front yard sprinklers, a covered front patio, and a spacious covered back patio—perfect for entertaining, barbecues, or family gatherings. The massive backyard is ideal for hosting parties or creating your dream outdoor space?. Conveniently located just minutes from Cal State San Bernardino.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 11% |
| Baths | 1.0 | 2.0 | 13% |
| Square foot | 916 | 1,704 | 6% |
| Lot Size | 10,654 | 7,500 | 79% |
| Price | $350.0K | $589.0K | 3% |
| Price per sq ft | $382 | $339 | 68% |
| Built year | 1940 | 1989 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 355 | 163 | 98% |
Dec 15, 2025
$350,000
$420,000
-17% Price Drop
Initial Listing
May 2, 2025
$420,000
Initial Listing