3929 Modesto Drive, San Bernardino, California 92404, San Bernardino, 92404 - 3 bed, 1 bath

3929 Modesto Drive, San Bernardino, California 92404 home-pic-0

3929 Modesto Drive

San Bernardino, California 92404

ACTIVE
CONDITION: GOOD
3Beds
1Baths
1,109Sq Ft
8,370Lot Size

Property Price

LIST PRICE$439,900
EST. MARKET VALUE
$485,309
9% BelowMARKET VALUE

SUMMARY

Analysis of 3929 Modesto Drive, San Bernardino, California 92404 reveals a Prime Investment Opportunity with a current list price of $439,900—significantly undercutting the $485,309 Fair Market Value by 9%. This valuation gap indicates a +$45,409 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Bernardino Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$485,309 +$45,409 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Bernardino.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
3929 Modesto Drive
Subject
$439,900*
List Price
311,109$438-
A
3938 Conejo
Sold
$450,000311,109$4060.0 mi
B
3552 Del Rey
Sold
$530,000321,067$4970.5 mi
C
1180 E 34th
Sold
$465,00032943$4930.6 mi
D
1189 Montrose Avenue
Sold
$515,000321,214$4240.4 mi
E
25479 Los Flores Drive
Active
$522,000
List Price
421,235$4230.9 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is exceptionally well-maintained and move-in ready. While the interior aesthetics are dated—featuring 1950s-style tile countertops in the kitchen and carpeted living areas—the home boasts significant recent infrastructure upgrades including a new electrical panel and wiring, a 2-year-old HVAC condenser, a brand-new water heater, and a redone sewer line. The addition of solar panels and the excellent condition of the exterior and landscaping elevate it above a 'fair' rating despite its age.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8370, living area = 1109.

  • Major Infrastructure Upgrades

    The property features significant high-value improvements, including a newer HVAC condenser, a brand-new water heater, upgraded 220V electrical wiring, and a redone sewer line, offering long-term peace of mind for the buyer.

  • Energy Efficiency

    Equipped with solar panels, this home provides enhanced energy efficiency and potential utility cost savings, which is a highly desirable feature in the California market.

CONSRISKS & DEFICIENCIES

  • Limited Bathroom Count

    With three bedrooms but only one full bathroom, the home may present a functional challenge for larger families or guests, potentially impacting its competitive appeal.

  • Dated Interior Finishes

    The presence of carpet throughout the living areas and older tile countertops in the kitchen may require additional investment from buyers seeking a more modern, contemporary aesthetic.

About 3929 Modesto Drive

Welcome to this well-maintained 3-bedroom, 1-bath home in San Bernardino offering inviting curb appeal and thoughtful upgrades throughout. A spacious cement driveway leads to the 2-car garage, with a clean cement walkway guiding you to the front entrance. The landscaped front yard features a lush lawn, and neatly trimmed hedges, creating a warm and welcoming first impression. The white stucco exterior is complemented by a reddish-brown shingle roof and solar panels for added energy efficiency. Inside, you’ll find comfortable carpet flooring throughout the living and dining areas, including newer carpet in the living room, approximately 6 months old. The kitchen features rich brown cabinetry, with white tile countertops and backsplash, and comes equipped with a stove that is approximately 3 years old. All three bedrooms are well-sized and conveniently located near the full bathroom, offering practical functionality for families, guests, or a home office setup. Major system upgrades provide peace of mind: the HVAC condenser was replaced about 2 years ago, the water heater is brand new, and the electrical panel has been upgraded to 220V, with new electrical wiring run throughout the home. Additionally, the sewer line in the yard has been redone—an important improvement that adds long-term value. Step outside to a spacious backyard designed for relaxing or entertaining, featuring a large covered patio over a concrete slab and a beautifully landscaped lawn. Cement block walls offer privacy, accented by trimmed hedges and mature shrubbery for a clean, finished look. With solid upgrades, energy efficiency, and inviting outdoor space, this home is ready for its next owner to make it their own.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1955
Lot Size
8,370 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths1.02.0
23%
Square foot1,1091,343
25%
Lot Size8,3708,370
50%
Price$439.9K$505.0K
22%
Price per sq ft$397$367
63%
Built year19551954
53%
HOA$0$0
50%
Days on market2173
1%

Pricing History

Listed for Sale

Mar 5, 2026

$439,900

Initial Listing

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