
San Bernardino, California 92407
This property presents a High-Potential Investment Opportunity with a List Price of $425,000—positioned well below the $424,084 Fair Market Value (priced at market). With a Condition Rating of 5, this asset requires a comprehensive renovation to modernize its 1949 vintage interior. The expansive 8,883-square-foot lot provides significant ADU Potential and outdoor utility, while the proximity to Cal State San Bernardino ensures strong rental demand. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking a value-add project in a high-traffic location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3343 Otono Court Subject | $415,000* List Price | 2 | 1 | 1,113 | $377 | - |
A 3303 Otono Court Sold | $330,000 | 2 | 1 | 921 | $358 | 0.0 mi |
B 3083 N Macy Street Active Under Contract | $350,000 List Price | 2 | 1 | 916 | $382 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1949 with no recent renovations; the kitchen features highly dated cabinetry and is missing essential appliances. Interior finishes including flooring and walls show significant wear, damage, and 'potential' for a full rehab. The unverified garage conversion and aged systems suggest the need for a complete overhaul.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8883, living area = 1113.
The generous 8,883-square-foot lot provides significant opportunity for expansion, a swimming pool, or the addition of an Accessory Dwelling Unit (ADU) to maximize property value.
Situated just minutes from Cal State San Bernardino, the property offers excellent rental potential and convenient access to local education, shopping, and major freeways.
The garage conversion lacks permit verification, which may present challenges during the appraisal process or require corrective action with local building authorities.
Built in 1949 and marketed as a property with potential, the home likely requires significant capital investment for modernization and deferred maintenance repairs.
This 2-bedroom, 1-bath home offers 1,113 square feet of living space and sits on a spacious 8,883-square-foot lot. Full of potential, this property is ready for you to make it your own. The garage was previously converted into a bonus room; buyers are advised to verify whether the conversion was completed with the necessary permits. The generously sized backyard offers ample space for an ADU, a pool, or the perfect outdoor entertaining area. Conveniently located just minutes from Cal State San Bernardino, this home provides easy access to schools, shopping, dining, and freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,113 | 1,336.28 |
| Lot Size | 8,883 | 7,410.822 |
| Price | $415.0K | $519.7K |
| Price per sq ft | $373 | $377 |
| Built year | 1949 | 1955 |
| HOA | $0 | $121 |
| Days on market | 37 | 61 |
Aug 12, 2026
$415,000
$425,000
-2% Price Drop
Initial Listing
Aug 3, 2026
$425,000
Initial Listing