3700 Mountain Avenue 5g, San Bernardino, California 92404, San Bernardino, 92404 - 2 bed, 2 bath
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3700 Mountain Avenue 5g
San Bernardino, California 92404
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,125Sq Ft
1,125Lot Size
Property Price
LIST PRICE$259,000
EST. MARKET VALUE
$264,846
SUMMARY
This Arrowhead Villas condo presents a Prime Investment Opportunity with a List Price of $259,000—positioned well below the $264,847 Fair Market Value by 2%. This valuation gap offers $5,847 in Instant Equity. Featuring a Fair Condition Rating, the unit includes a Private Laundry Room and 2 Attached Carport Spaces. While the community offers a Pool & Spa, the property requires modernization to maximize rental yield. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add asset.
Estimated Market Value
$264,846
Based on Realkey algorithm analyzing recent comparable sales in San Bernardino.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3700 Mountain Avenue 5g Subject 2 bd · 2 ba · 1,125 sqft · $235 | $259,000* List Price | 2 | 2 | 1,125 | $235 | - |
A 3700 Mountain Ave 6b Sold 2 bd · 2 ba · 1,148 sqft · $205 · 0.0 mi | $235,000 | 2 | 2 | 1,148 | $205 | 0.0 mi |
B 3735 Oxford Lane Sold 2 bd · 2 ba · 1,058 sqft · $265 · 0.0 mi | $280,000 | 2 | 2 | 1,058 | $265 | 0.0 mi |
C 3600 Mountain Ave 14e Sold 2 bd · 2 ba · 1,192 sqft · $219 · 0.1 mi | $261,000 | 2 | 2 | 1,192 | $219 | 0.1 mi |
D 1480 E Marshall Sold 3 bd · 3 ba · 1,265 sqft · $257 · 0.6 mi | $325,000 | 3 | 3 | 1,265 | $257 | 0.6 mi |
E 3600 Mountain 12 F Active 2 bd · 2 ba · 1,064 sqft · $263 · 0.1 mi | $279,900 List Price | 2 | 2 | 1,064 | $263 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1968, the property is significantly dated with popcorn ceilings, older carpeting, and a kitchen/bath aesthetic that appears over 20 years old. While functional and described as well-kept, the visible wood rot on the carport structure and aging interior finishes necessitate minor repairs and modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Functional Amenities
The inclusion of a private laundry room and two attached carport spaces provides significant convenience and value rarely found in standard condo layouts.
- Comprehensive HOA Services
The HOA fee covers essential utilities like water and trash, alongside access to a community pool and spa, ensuring a low-maintenance lifestyle for residents.
- Strategic Location
Situated near Cal State San Bernardino and major freeways, this property offers excellent accessibility for students, faculty, and commuters.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $511 is substantial relative to the listing price, which may impact the overall affordability and debt-to-income ratio for potential buyers.
- Property Age
Built in 1968, the unit and community infrastructure may require ongoing maintenance or modern updates to remain competitive with newer developments in the area.
About 3700 Mountain Avenue 5g
Welcome to Arrowhead Villas! This Well Kept condo offers a comfortable layout with a Bright Kitchen, SPACIOUS living area and the convenience of a Bathroom downstairs. Enjoy a PRIVATE Laundry Room and a peaceful Enclosed PATIO surrounded by mature greenery. Parking is easy with 2 Attached CARPORT Spaces plus additional parking options. Residents enjoy community amenities including a POOL & SPA, with HOA services including water, trash and landscape maintenance. Conveniently located near shopping, dining, major freeways, and Cal State San Bernardino. A wonderful opportunity to call Arrowhead Villas home!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1968
- Lot Size
- 1,125 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $511.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.1 |
| Baths | 2.0 | 1.8 |
| Square foot | 1,125 | 1,094.727 |
| Lot Size | 1,125 | 1,109.182 |
| Price | $259.0K | $316.8K |
| Price per sq ft | $230 | $288 |
| Built year | 1968 | 1980 |
| HOA | $511.0 | $364 |
| Days on market | 38 | 75 |
Pricing History
Listed for Sale
Sep 16, 2026
$259,000
Initial Listing
Sold
Aug 3, 2016
$90,000
Public Record
Sold
Jun 10, 2003
$71,500
Public Record
Sold
Aug 31, 2001
$56,000
Public Record