
San Bernardino, California 92407
This property presents a High-Potential Investment Opportunity with a List Price of $490,000—positioned well above the $461,075 Fair Market Value by 6%. While the property requires modernization, its Fair Condition Rating is offset by a massive 8,580-square-foot lot, offering significant potential for an ADU or expansion. Featuring a gated side entrance for RV/boat storage and a covered patio, this asset provides functional utility for value-add projects. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a project with long-term growth potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3945 San Benito Subject | $490,000* List Price | 3 | 1 | 988 | $467 | - |
A 4704 San Miguel Sold | $535,000 | 4 | 2 | 1,331 | $402 | 0.3 mi |
B 4595 Acapulco Street Sold | $525,000 | 3 | 2 | 1,160 | $453 | 0.2 mi |
C 4727 San Miguel Avenue Sold | $520,000 | 3 | 2 | 1,359 | $383 | 0.3 mi |
D 5647 Buckboard Drive Sold | $510,000 | 3 | 2 | 1,152 | $443 | 1.0 mi |
E 3343 Otono Court Active | $415,000 List Price | 2 | 1 | 1,113 | $373 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 1957 build showing significant age-related dating, including popcorn ceilings and wall-mounted heating units. While the interior features some past updates like tile flooring, the overall condition requires modernization of the kitchen, bath, and systems. The description's emphasis on 'potential' and 'transforming' the property, combined with visible deferred maintenance in the garage and yard, aligns with the Fair criteria for a home needing updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8580, living area = 988.
The generous 8,580-square-foot lot provides significant space for outdoor entertaining, gardening, or potential future expansions such as an ADU.
A gated side entrance and extended driveway offer rare and valuable parking options for RVs, boats, or multiple additional vehicles.
With only one bathroom serving three bedrooms, the property may pose logistical challenges for families or guests.
At just 988 square feet, the living area is relatively small, which may feel restrictive for buyers seeking more spacious indoor environments.
Welcome to this charming single-story home offering 3 bedrooms, 1 bathroom, and endless possibilities! Situated on a spacious 8,580-square-foot lot, this property provides plenty of room for outdoor entertaining, gardening, future improvements, or creating your own private backyard retreat. A gated side entrance offers potential RV, boat, or additional vehicle access. The generous backyard features mature trees and a covered patio area, perfect for relaxing, hosting gatherings, or enjoying outdoor dining. Inside, you will find a comfortable living area, tile flooring, and a functional kitchen with ample cabinet space. The attached two-car garage and extended driveway provide additional parking and storage options. Whether you are a first-time buyer, investor, or someone looking for a property with room to make it your own, this home offers great potential. Bring your ideas and imagine all the ways you can transform this property to fit your needs and lifestyle!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 988 | 1,336.28 |
| Lot Size | 8,580 | 7,410.822 |
| Price | $490.0K | $519.7K |
| Price per sq ft | $496 | $377 |
| Built year | 1957 | 1955 |
| HOA | $0 | $121 |
| Days on market | 7 | 61 |
Sep 2, 2026
$490,000
Initial Listing
Aug 18, 2011
$70,000
Public Record
Jul 10, 2006
$295,000
Public Record
Oct 20, 2004
$185,000
Public Record
Jul 27, 2001
$49,000
Public Record