3700 Mountain Avenue 1, San Bernardino, California 92404, San Bernardino, 92404 - 1 bed, 1 bath
ACTIVE$185,000
3700 Mountain Avenue 1, San Bernardino, California 92404
1Bed
1Bath
760Sqft
760Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Recent Interior Updates: The condo features freshly new paint, new light fixtures with ceiling fans, and updated tile and vinyl flooring throughout, making it move-in ready for a new owner.
Top Cons:
High HOA Fees: A monthly HOA fee of $500 is substantial for a 760 sqft 1-bedroom unit, which could impact affordability, cash flow for investors, and overall market competitiveness.
Compared to the nearby listings
Price:$185.0K vs avg $318.0K ($-133,000)11%
Size:760 sqft vs avg 1,169 sqft11%
Price/sqft:$243 vs avg $26533%
More Insights
Built in 1968 (57 years old).
Condition: The property, built in 1968, has received recent cosmetic updates such as fresh paint, new light fixtures with ceiling fans, and updated vinyl plank flooring in some areas. However, the kitchen features dated tile countertops, older light wood cabinets, and white appliances that are functional but not modern. The bathroom also shows an older vanity and countertop style. While clean and move-in ready, these key areas and the likely older major systems (e.g., lack of central AC) indicate that the home is aged but maintained, with functional components that show signs of being outdated, aligning with a 'Fair' condition.
Year Built
1968
Close
-
List price
$185K
Original List price
$215K
Price/Sqft
$243
HOA
$500
Days on market
-
Sold On
-
MLS number
CV25158057
Home ConditionFair
Features
Good View: Mountain(s), Neighborhood
ViewMountain(s), Neighborhood
About this home
Welcome to this one story condo, min away from Cal State San Bernardino. This home features : Freshly new paint through out home, Large 1 bedroom / 1 Full Bath home, New light fixtures w/ ceiling fans, Tile and matching vinyl though out home. HOA dues cover: water, trash, sewer, and outside building maintenance also roof. HOA also includes: Pool, Spa / hot tub, and clubhouse.
Condition Rating
Fair
The property, built in 1968, has received recent cosmetic updates such as fresh paint, new light fixtures with ceiling fans, and updated vinyl plank flooring in some areas. However, the kitchen features dated tile countertops, older light wood cabinets, and white appliances that are functional but not modern. The bathroom also shows an older vanity and countertop style. While clean and move-in ready, these key areas and the likely older major systems (e.g., lack of central AC) indicate that the home is aged but maintained, with functional components that show signs of being outdated, aligning with a 'Fair' condition.
Pros & Cons
Pros
Recent Interior Updates: The condo features freshly new paint, new light fixtures with ceiling fans, and updated tile and vinyl flooring throughout, making it move-in ready for a new owner.
Comprehensive HOA Inclusions: HOA dues cover essential services such as water, trash, sewer, outside building maintenance, and roof, significantly reducing the owner's recurring expenses and responsibilities.
Attractive Community Amenities: Residents have access to desirable community amenities including a pool, spa/hot tub, and clubhouse, enhancing the lifestyle appeal and value of the property.
Proximity to University: Located minutes away from Cal State San Bernardino, this property is ideal for students, faculty, or as a potential rental investment due to its convenient location.
Significant Price Reduction: The listing has seen multiple price drops from its original list price of $214,900 down to $185,000, indicating a motivated seller and potentially a good value opportunity for buyers.
Cons
High HOA Fees: A monthly HOA fee of $500 is substantial for a 760 sqft 1-bedroom unit, which could impact affordability, cash flow for investors, and overall market competitiveness.
Limited Market Appeal (Size): As a 1-bedroom, 1-bath unit with 760 sqft, it caters to a smaller demographic (singles, couples, students), potentially limiting the pool of prospective buyers and future resale value.
Lack of Central Air Conditioning: The description mentions ceiling fans but does not indicate central air conditioning, which could be a significant drawback during warmer months in San Bernardino.