
San Bernardino, California 92405
This property presents a High-Potential Investment Opportunity with a List Price of $340,000—positioned well below the $330,088 Fair Market Value by -3%. While the home carries a Condition Rating of 5, the expansive 9,383 square foot lot offers significant upside for physical expansion or ADU development. Despite the unpermitted construction and financing constraints, the property provides a clear path for forced appreciation through strategic renovation. This is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3459 Acacia Subject | $390,000* List Price | 3 | 1 | 800 | $458 | - |
A 3432 N Sierra Way Sold | $450,000 | 2 | 1 | 872 | $516 | 0.5 mi |
B 612 W 36th Sold | $400,000 | 2 | 1 | 1,075 | $372 | 0.2 mi |
C 3245 N E Street Sold | $440,000 | 3 | 2 | 1,046 | $421 | 0.3 mi |
D 3487 N Arrowhead Sold | $420,000 | 2 | 1 | 962 | $437 | 0.3 mi |
E 3612 N Pershing Pending | $419,000 List Price | 2 | 1 | 846 | $495 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1952 and marketed as a 'fix & flip' opportunity, the property shows significant age and lack of renovation. The kitchen and laundry areas feature dated cabinetry, exposed OSB board, and window AC units rather than central HVAC. With two unpermitted bedrooms and a clear need for a full interior rehab, it meets the criteria for poor condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9383, living area = 800.
Marketed as an 'Investors Delight,' this property presents a prime fix-and-flip opportunity with significant value-add potential through strategic renovation.
The generous 9,383 square foot lot provides ample space for physical expansion of the home or the addition of an Accessory Dwelling Unit (ADU) to maximize ROI.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
Two of the three bedrooms are not permitted, which may lead to complications with building code compliance and future resale valuations.
Due to the unpermitted additions, the property is ineligible for FHA financing, restricting the buyer pool to those with Cash, Conventional, or USDA loan capabilities.
This home has great potential for a remodel. Features large back yard for expanding the home further. This home has 3 bedrooms (only 1 of which is permitted), assessor has square footage listed as 800, however, it seems to be larger. **This would need to be either a Conventional, USDA Loan, Hard Money or CA$H sale due to the 2 extra bedrooms with out permits. ***Showings by APPOINTMENT ONLY! Do NOT Show up without an appointment, or you will not be granted access!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 39% |
| Square foot | 800 | 1,228 | 6% |
| Lot Size | 9,383 | 7,000 | 80% |
| Price | $390.0K | $475.0K | 11% |
| Price per sq ft | $488 | $377 | 88% |
| Built year | 1952 | 1943 | 81% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 175 | 2% |
May 23, 2026
$390,000
$340,000
+15% Price Increase
Initial Listing
May 11, 2026
$340,000
Initial Listing
Jul 30, 2004
$160,000
Public Record
Jan 20, 1999
$55,000
Public Record