4895 N F Street, San Bernardino, California 92407, San Bernardino, 92407 - 4 bed, 2 bath
ACTIVE UNDER CONTRACT$469,900
4895 N F Street, San Bernardino, California 92407
4Beds
2Baths
1,227Sqft
7,920Lot
Price Vs. Estimate
The estimated value ($422,384.22) is $47,515.78 (10%) lower than the list price ($469,900). This property may be overpriced.
Key pros and cons
Top Pros:
Strategic Location: Highly desirable proximity to Cal State San Bernardino, appealing to students, faculty, or as a rental investment.
Top Cons:
Significant Renovation Needs: The property requires substantial 'TLC' and is marketed as a 'project,' implying considerable financial and time investment for modernization.
Compared to the nearby listings
Price:$469.9K vs avg $595.0K ($-125,100)11%
Size:1,227 sqft vs avg 1,793 sqft17%
Price/sqft:$383 vs avg $32475%
More Insights
Built in 1957 (68 years old).
Condition: Built in 1957, this property is 67 years old and shows significant signs of age and deferred maintenance. The MLS description explicitly states it's 'ready for a fresh start and some TLC' and 'perfect for a handy person looking for a project,' indicating substantial work is needed. The kitchen is severely outdated with damaged, dark brown cabinets, old wood-look laminate countertops, an old sink, and an older dishwasher. The wood paneling in the kitchen and the old-style ceiling fans further emphasize the lack of modern updates. The carpet throughout the living areas and bedrooms appears worn and stained, requiring full replacement. While the roof is only 4 years old, the interior components, especially the kitchen and likely the bathrooms (not pictured but implied by overall condition), require substantial rehabilitation rather than just minor updates. This aligns with the 'Poor' condition criteria.
Year Built
1957
Close
-
List price
$470K
Original List price
$470K
Price/Sqft
$383
HOA
-
Days on market
-
Sold On
-
MLS number
CV25170228
Home ConditionPoor
Features
Patio
ViewNeighborhood
About this home
Great opportunity near Cal State San Bernardino! First time on the market since 2000! This single story 4 bedroom 2 bath home offers 1227 sq ft of potential on a spacious 7920 sq ft lot. Built in 1957, it's ready for a fresh start and some TLC. Perfect for first time home buyers or a handy person looking for a project. This home features a large backyard ideal for entertaining, a leased solar system through Sunova (Buyer to assume the lease), a 4 year old roof that was installed at the time the solar was installed, a two car garage, and is located on a charming tree lined street just minutes from Cal State San Bernardino. Don't miss this chance to bring your vision to life!
Condition Rating
Poor
Built in 1957, this property is 67 years old and shows significant signs of age and deferred maintenance. The MLS description explicitly states it's 'ready for a fresh start and some TLC' and 'perfect for a handy person looking for a project,' indicating substantial work is needed. The kitchen is severely outdated with damaged, dark brown cabinets, old wood-look laminate countertops, an old sink, and an older dishwasher. The wood paneling in the kitchen and the old-style ceiling fans further emphasize the lack of modern updates. The carpet throughout the living areas and bedrooms appears worn and stained, requiring full replacement. While the roof is only 4 years old, the interior components, especially the kitchen and likely the bathrooms (not pictured but implied by overall condition), require substantial rehabilitation rather than just minor updates. This aligns with the 'Poor' condition criteria.
Pros & Cons
Pros
Strategic Location: Highly desirable proximity to Cal State San Bernardino, appealing to students, faculty, or as a rental investment.
Generous Lot Size: A spacious 7,920 sq ft lot with a large backyard provides excellent outdoor living and potential for expansion.
Recent Roof Installation: A 4-year-old roof offers significant peace of mind and reduces immediate capital expenditure for the buyer.
Investment Opportunity: Positioned as a 'project' with 'TLC' needed, it presents a strong value-add opportunity for first-time buyers or investors to build equity.
Energy Cost Savings: The presence of a solar system, even if leased, contributes to reduced electricity costs.
Cons
Significant Renovation Needs: The property requires substantial 'TLC' and is marketed as a 'project,' implying considerable financial and time investment for modernization.
Assumable Solar Lease: The buyer is required to assume the existing solar lease, which represents an ongoing financial commitment rather than outright ownership benefits.
Dated Interior & Systems: Built in 1957, the home likely features original or outdated interior finishes and core systems, necessitating comprehensive updates to meet contemporary standards.