
San Bernardino, California 92405
This property presents a Prime Investment Opportunity with a List Price of $465,000—positioned well below the $475,529 Fair Market Value by 2%. This valuation gap offers $10,529 in Instant Equity. Featuring a Condition Rating of 3, the home includes a new 2025 roof and updated kitchen, while the 7,906 sqft lot provides significant Development Potential for an ADU. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home with long-term growth potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3396 N Pershing Subject | $465,000* List Price | 3 | 2 | 1,166 | $408 | - |
A 3545 N Pershing Sold | $485,000 | 3 | 2 | 1,116 | $435 | 0.2 mi |
B 3180 N Arrowhead Ave. Sold | $545,000 | 3 | 2 | 1,328 | $410 | 0.3 mi |
C 2932 Genevieve Sold | $479,000 | 3 | 2 | 1,226 | $391 | 0.6 mi |
D 3131 N E Sold | $470,000 | 3 | 2 | 1,315 | $357 | 0.4 mi |
E 3612 N Pershing Sold | $375,000 | 2 | 1 | 846 | $443 | 0.3 mi |
F 3682 N Sierra Way Sold | $470,000 | 3 | 1 | 1,032 | $455 | 0.4 mi |
G 2838 N G Street Sold | $480,000 | 3 | 1 | 936 | $513 | 0.9 mi |
H 495 Edgerton Sold | $550,000 | 2 | 2 | 1,384 | $397 | 0.6 mi |
I 3560 N Mayfield Avenue Active | $559,000 List Price | 4 | 2 | 1,318 | $424 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The home features a new roof (2025) and a renovated kitchen with modern white shaker cabinets and subway tile backsplash. While the 1948 structure uses dated wall heaters, the interior has been updated with laminate flooring and is move-in ready, fitting the 5-15 year renovation window for well-maintained properties.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7906, living area = 1166.
The property features a brand-new roof installed in 2025, offering significant value and reducing immediate maintenance concerns for new homeowners.
Situated on an oversized 7,906 sqft lot, the property provides ample space for future expansion or the addition of an ADU, subject to city approval.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The 1.25 bathroom layout for a three-bedroom home may be insufficient for modern family needs and could require future remodeling to add value.
The detached one-car garage offers limited space for multi-vehicle households, which is a common drawback for properties of this era.
Discover the charm of foothill living in this inviting San Bernardino home. Ideally situated on a quiet, tree lined street with beautiful mountain views. Featuring three bedrooms and one and one quarter bathrooms, the home offers a comfortable floor plan and a new roof installed in 2025. Set back from the street on an oversized lot, the property boasts a spacious front yard, an expansive backyard, and a detached one-car garage. The generous lot provides plenty of room for entertaining, gardening, or future expansion, with potential for an ADU, per city approval. An excellent opportunity for a first time buyer seeking room to grow, or an investor looking to maximize the property’s potential. Conveniently located near schools, shopping, parks, and major commuter routes.
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 | 1,166 | 1,336.28 |
| Lot Size | 7,906 | 7,410.822 |
| Price | $465.0K | $519.7K |
| Price per sq ft | $399 | $377 |
| Built year | 1948 | 1955 |
| HOA | $0 | $121 |
| Days on market | 9 | 61 |
Aug 31, 2026
$465,000
Initial Listing
Apr 15, 2016
$235,000
Public Record
Nov 25, 2015
$136,000
Public Record