
San Bernardino, California 92407
This Dual-Unit Residential Property is a Prime Investment Opportunity, listed at $539,900—positioned well below the $559,164 Fair Market Value by 3%. This valuation gap offers $19,264 in Instant Equity. Featuring a Turnkey Condition Rating with modern upgrades and a massive 15,250 sq. ft. lot, the property provides exceptional flexibility for rental income or multigenerational living. Located near Top-Rated Schools like Hillside Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4014 N 3rd Avenue Subject | $525,000* List Price | 3 | 3 | 1,161 | $465 | - |
A 5405 N H Sold | $565,000 | 3 | 2 | 1,303 | $434 | 1.0 mi |
B 4004 N 3rd Sold | $460,000 | 2 | 1 | 800 | $575 | 0.0 mi |
C 1334 Jeffrey Way Sold | $560,000 | 5 | 2 | 1,440 | $389 | 0.7 mi |
D 1484 Sheridan Rd Sold | $533,000 | 4 | 2 | 1,269 | $420 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1948, the property has undergone a comprehensive recent renovation (likely within the last 5 years) featuring a modern kitchen with white shaker cabinets and stainless steel appliances, updated bathrooms with newer vanities and tile surrounds, new flooring, fresh paint, and dual-pane windows throughout.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15250, living area = 1161.
Elementary School: Hillside Elementary School (10/10).
The property features two separate living units with independent entrances, offering exceptional flexibility for rental income, guest quarters, or multigenerational living arrangements.
With only 1,161 total square feet divided between two separate units, the individual rooms and living spaces are relatively small and may feel constrained for larger households.
Originally constructed in 1948, the property's core structural and mechanical systems are nearly 80 years old, which may necessitate more frequent maintenance compared to newer constructions.
Welcome to a unique opportunity in the desirable Arrowhead Farms area of San Bernardino, offering **two homes, a large 15,250 sq. ft. lot, and endless possibilities for the next owner**. Whether you're looking for an investment property, a place to live while generating rental income, or the perfect setup for multigenerational living, this turnkey property delivers flexibility that is hard to find. As you arrive, you're greeted by a large driveway and an expansive front yard, offering plenty of room to create the outdoor space you've always imagine, add a lush lawn, create a play area for the kids, fence it in for additional privacy, or simply make it your own. The main home also features an attached one-car garage. Step through the front door and into a bright and inviting living area with an open great-room feel that flows naturally into the upgraded kitchen, creating a comfortable space for everyday living and entertaining. Continue down the hallway and you'll find an updated bathroom featuring a tile shower surround and newer vanity, along with two comfortable bedrooms featuring new carpet and fresh paint. Newer flooring, upgraded finishes, and dual-pane windows throughout help make the home feel fresh, clean, and truly move-in ready. But what really sets this property apart is the attached second unit with its own separate entrance. Accessible from the side of the property, this private one-bedroom, one-bath living space opens into another bright great-room-style living area with a full kitchen and laminate flooring throughout. A separate bathroom and private bedroom complete the space, making it ideal for extended family, guests, or potential rental income. Out back, you'll find a huge backyard with no rear neighbors, giving you even more room to enjoy, entertain, garden, or create your own private outdoor retreat. Conveniently located near schools, parks, dining, shopping, university, and major commuter routes, this property combines location, flexibility, and value in one complete package. Two homes. One large lot. Multiple possibilities. Live in one and rent the other, bring the family together while maintaining privacy, or add a versatile property to your investment portfolio. Turnkey, upgraded, and ready for its next owner, this is one you don't want to miss!
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.8 mi
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,161 | 1,336.28 |
| Lot Size | 15,250 | 7,410.822 |
| Price | $525.0K | $519.7K |
| Price per sq ft | $452 | $377 |
| Built year | 1948 | 1955 |
| HOA | $0 | $121 |
| Days on market | 27 | 61 |
Sep 1, 2026
$525,000
$539,900
-3% Price Drop
Initial Listing
Aug 13, 2026
$539,900
Initial Listing
Mar 30, 2018
$238,000
Public Record
Dec 4, 2009
$70,000
Public Record
Jul 27, 2005
$300,000
Public Record