
San Bernardino, California 92404
This Spacious Traditional Home represents a High-Potential Investment Opportunity, listed at $540,000—positioned slightly above the $532,919 Fair Market Value. While the property requires modernization, its Condition Rating of 4 reflects a well-maintained structure with significant cosmetic upside. Featuring a 7,200-square-foot lot with distant mountain views and a functional floor plan, the home offers a solid foundation for value-add renovations. Located in a desirable neighborhood within the San Bernardino City Unified district, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 384 E 39th Subject 3 bd · 2 ba · 1,821 sqft · $293 | $540,000* List Price | 3 | 2 | 1,821 | $293 | - |
A 579 E 40th Sold 3 bd · 2 ba · 1,813 sqft · $245 · 0.2 mi | $444,240 | 3 | 2 | 1,813 | $245 | 0.2 mi |
B 698 E Ralston Sold 3 bd · 2 ba · 1,739 sqft · $319 · 0.3 mi | $555,000 | 3 | 2 | 1,739 | $319 | 0.3 mi |
C 3607 Sepulveda Sold 4 bd · 2 ba · 1,868 sqft · $294 · 0.5 mi | $549,000 | 4 | 2 | 1,868 | $294 | 0.5 mi |
D 3294 Wall Avenue Sold 3 bd · 2 ba · 1,661 sqft · $334 · 0.9 mi | $555,000 | 3 | 2 | 1,661 | $334 | 0.9 mi |
E 544 E Ralston Avenue Sold 3 bd · 2 ba · 1,650 sqft · $344 · 0.1 mi | $568,000 | 3 | 2 | 1,650 | $344 | 0.1 mi |
F 1123 E 38th Active 3 bd · 2 ba · 1,871 sqft · $318 · 0.8 mi | $594,999 List Price | 3 | 2 | 1,871 | $318 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, the property is well-maintained but significantly dated. While it features newer laminate flooring and modern laundry appliances, the kitchen cabinetry and bathroom tile/fixtures appear to be 20-30+ years old, requiring cosmetic updates and modernization to meet current standards.
Situated in a highly desirable area near the Arrowhead Country Club, the property offers a quiet, tree-lined atmosphere with the convenience of being within walking distance to local schools.
The 1,821-square-foot interior features a thoughtful floor plan with multiple living areas, including a unique sunken living room and a dedicated dining nook, providing ample space for both relaxation and entertaining.
The generous 7,200-square-foot lot boasts impressive mountain views and a well-maintained backyard designed for outdoor dining and private recreation.
Built in 1954, the home may require modern updates to its core systems or insulation to improve energy efficiency and meet contemporary building standards.
The current list price of $540,000 represents a substantial increase over its 2023 sale price of $475,000, which may present challenges for appraisal or value-focused buyers in the current market.
Charming Home Near Arrowhead Country Club! Located in one of San Bernardino’s most desirable neighborhoods, just around the corner from Arrowhead Country Club, this lovely traditional home offers space, character, and a warm, inviting atmosphere. Situated on a generous 7,200-square-foot lot with beautiful mountain views, this spacious three-bedroom, two-bathroom home features an appealing floor plan with multiple living areas designed for comfortable everyday living and entertaining. Inside, you’ll find beautiful laminate floors, a dedicated dining room nook, and a fireplace that adds warmth and character. A sunken living room with a wood-burning stove provides a cozy retreat, perfect for relaxing on cool evenings. Step outside to a beautiful backyard, perfect for entertaining guests, enjoying outdoor dining, or simply unwinding in your own private space. The home is nestled along charming, tree-lined streets in a desirable neighborhood, with schools within walking distance. Enjoy the convenience of being close to shopping, everyday amenities, and outdoor recreation, with Lake Gregory approximately 12.8 miles away and Lake Arrowhead approximately 18.7 miles away. Thoughtfully cared for and full of charm, this wonderful property offers an opportunity to make a home in a highly sought-after area. Come experience all that this special home has to offer!
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 | 1,821 | 1,362.551 |
| Lot Size | 7,200 | 7,424.257 |
| Price | $540.0K | $520.9K |
| Price per sq ft | $297 | $374 |
| Built year | 1954 | 1956 |
| HOA | $0 | $121 |
| Days on market | 3 | 61 |
Oct 21, 2026
$540,000
Initial Listing
Jun 16, 2023
$475,000
Public Record