
San Bernardino, California 92404
This Turnkey Duplex Asset is listed at $725,000, reflecting its Good Condition Rating and rare 2-bedroom, 2-bathroom unit configuration. While positioned above the $635,356 Fair Market Value, the property justifies its valuation through significant rental upside and extensive interior updates. Featuring modernized kitchens with stone counters and notable mountain views, both units are move-in ready for immediate occupancy. Located within the San Bernardino City Unified School District, this versatile property is an ideal match for Buy-and-Hold Investors or Owner-Occupants looking to leverage a high-demand rental location.
Property is move-in ready.
Although built in 1965, the property is move-in ready and has undergone significant interior updates. The kitchens feature modern shaker-style cabinetry, stone countertops, and stainless steel appliances. The flooring has been upgraded to contemporary laminate/vinyl plank throughout, and the bathrooms have been modernized with updated vanities and tile work. While some systems like the wall-mounted HVAC units are older, the overall interior quality and lack of deferred maintenance qualify it for a 'good' rating.
The duplex features a rare 2-bedroom, 2-bathroom layout for both units, which is highly attractive to modern tenants and typically commands higher rental premiums than standard 2/1 configurations.
This property offers excellent flexibility, serving as either a high-yield residential income asset or a 'house-hacking' opportunity for an owner-occupant looking to offset their mortgage with rental income.
Conveniently situated near schools, shopping, and major commuter routes, the property is positioned to maintain low vacancy rates due to its accessibility and proximity to local amenities.
Built in 1965, the property may require more frequent maintenance or capital improvements to its core systems compared to newer multi-family constructions.
Given the significant price increase from its 2022 sale price of $525,000 to the current $725,000 listing, investors may find less room for rapid short-term appreciation.
Prime investment opportunity in San Bernardino! This duplex at 3814 Ferndale Ave features two spacious units, each offering 2 bedrooms and 2 bathrooms—an ideal layout that attracts strong tenant demand. Perfect for investors seeking immediate rental income with long-term appreciation potential, or for an owner-occupant looking to offset their mortgage by living in one unit and renting the other. With solid rental upside and the growing demand for multifamily housing in the area, this property presents an excellent opportunity to build equity and generate consistent cash flow. Conveniently located near schools, shopping, and major commuter routes, making it highly desirable for tenants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 50% |
| Baths | 0.0 | 1.5 | 50% |
| Square foot | 2,015 | 2,409.5 | 50% |
| Lot Size | 7,566 | 9,526 | 25% |
| Price | $725.0K | $685.0K | 75% |
| Price per sq ft | $360 | $283 | 75% |
| Built year | 1965 | 1952 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 231 | 25% |
Mar 12, 2026
$725,000
Initial Listing
Jun 23, 2022
$525,000
Public Record
Sep 30, 2015
$230,000
Public Record