4255 N 3rd, San Bernardino, California 92407, San Bernardino, 92407 - 2 bed, 2 bath
ACTIVE$439,900$1,626/sqft
Est. Value: $407,297
-7%
AboveEstimate
4255 N 3rd, San Bernardino, California 92407
2Beds
2Baths
1,626Sqft
19,840Lot
Price Vs. Estimate
The estimated value ($407,297.13) is $32,602.87 (7%) lower than the list price ($439,900). This property may be overpriced.
Key pros and cons
Top Pros:
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 = 19840, living area = 1626.
Top Cons:
Discrepancy in Property Details: A notable difference exists between the current physical layout (3 beds, 1 bath) and the recorded title (2 beds, 2 baths), which may impact appraisal, financing, or legal compliance.
Compared to the nearby listings
Price:$439.9K vs avg $580.0K ($-140,100)10%
Size:1,626 sqft vs avg 1,792.5 sqft40%
Price/sqft:$271 vs avg $31921%
More Insights
Built in 1954 (72 years old).
Condition: Built in 1954, this property is 70 years old and the listing explicitly states it 'requires extensive updates' and encourages buyers to 'bring your vision and unlock the value.' The discrepancy in bathroom count (1 bath for 3 beds vs. 2 baths on title) and the 'functional bathroom limitation' weakness indicate significant modernization is needed. While not explicitly stated as unlivable, the age and implied condition suggest substantial repairs and rehabilitation are required to meet contemporary living standards, aligning with the 'poor' category.
Year Built
1954
Close
-
List price
$440K
Original List price
$440K
Price/Sqft
$271
HOA
-
Days on market
-
Sold On
-
MLS number
OC26002069
Home ConditionPoor
Features
Good View: Mountain(s)
ViewMountain(s)
About this home
A unique opportunity to own a home on a large lot 19,840 sqft!!! Home currently has 3 bedrooms 1 bath Plus den but title shows (2 bed) 2 bath plus Den with 1,626 sq feet home. Lot opens the door to countless possibilities. Perfect for adding an ADU. Bring your vision and unlock the value of this rare property.
L
Lupe Marsee
Listing Agent
Nearby schools
4/10
Newmark Elementary School
Public,•K-6•0.3mi
5/10
Little Mountain Elementary
Public,•K-6•0.7mi
10/10
Hillside Elementary School
Public,•K-6•0.8mi
3/10
Shandin Hills Middle School
Public,•6-8•0.9mi
5/10
Cajon High School
Public,•9-12•0.3mi
Price History
Date
Event
Price
01/25/01
Sold
$94,000
10/30/98
Sold
$77,000
Condition Rating
Poor
Built in 1954, this property is 70 years old and the listing explicitly states it 'requires extensive updates' and encourages buyers to 'bring your vision and unlock the value.' The discrepancy in bathroom count (1 bath for 3 beds vs. 2 baths on title) and the 'functional bathroom limitation' weakness indicate significant modernization is needed. While not explicitly stated as unlivable, the age and implied condition suggest substantial repairs and rehabilitation are required to meet contemporary living standards, aligning with the 'poor' category.
Pros & Cons
Pros
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 = 19840, living area = 1626.
Great Schools: Elementary School: Hillside Elementary School (10/10).
Expansive Lot Size: A generous 19,840 sqft lot provides ample space for outdoor living, potential expansion, and privacy.
ADU Development Potential: The large lot explicitly allows for the addition of an Accessory Dwelling Unit (ADU), offering significant income or multi-generational living opportunities.
Desirable Mountain Views: The property boasts picturesque mountain views, enhancing its aesthetic appeal and tranquility.
Excellent School Proximity: Situated close to highly-rated schools, including Hillside Elementary (10/10) and Cajon High School (5/10), enhancing family appeal.
Significant Value-Add Opportunity: Positioned as a prime canvas for renovation and customization, offering substantial upside potential for a visionary buyer.
Cons
Discrepancy in Property Details: A notable difference exists between the current physical layout (3 beds, 1 bath) and the recorded title (2 beds, 2 baths), which may impact appraisal, financing, or legal compliance.
Requires Extensive Updates: Built in 1954, the property likely requires significant modernization and renovation to meet contemporary standards, as implied by the 'bring your vision' statement.
Functional Bathroom Limitation: The current configuration of only one bathroom for a 3-bedroom home presents a functional challenge for modern living and would likely necessitate an upgrade.