4925 N Stoddard, San Bernardino, California 92407, San Bernardino, 92407 - 3 bed, 2 bath

4925 N Stoddard, San Bernardino, California 92407 home-pic-0
ACTIVE$300,000$1,087/sqft
Est. Value: $325,925
8%
BelowEstimate
4925 N Stoddard, San Bernardino, California 92407
3Beds
2Baths
1,087Sqft
7,200Lot

Price Vs. Estimate

The estimated value ($325,925.27) is $25,925.27 (8%) higher than the list price ($300,000). This property may be underpriced.

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 = 7200, living area = 1087.
Top Cons:
Age of Property: Built in 1955, the home is nearly 70 years old, which may imply outdated systems (electrical, plumbing, HVAC) and require significant updates or renovations to meet modern standards and preferences.

Compared to the nearby listings

Price:$300.0K vs avg $580.0K ($-280,000)2%
Size:1,087 sqft vs avg 1,792.5 sqft10%
Price/sqft:$276 vs avg $31925%

More Insights

Built in 1955 (71 years old).
Condition: Built in 1955, this property is nearly 70 years old with no evidence of recent renovations. The exterior images reveal significant neglect, clutter, and wear, indicating a lack of maintenance. The listing explicitly states it's a 'GREAT INVESTMENT OPPORTUNITY' and requires 'significant updates or renovations' due to 'outdated systems (electrical, plumbing, HVAC).' While interior images are unavailable, the age and exterior condition strongly suggest the kitchen, bathrooms, and other interior components are severely outdated and require substantial repairs and rehabilitation.
Year Built
1955
Close
-
List price
$300K
Original List price
$300K
Price/Sqft
$276
HOA
-
Days on market
-
Sold On
-
MLS number
IG25256201
Home ConditionPoor
Features
ViewNeighborhood

About this home

GREAT INVESTMENT OPPORTUNITY

F
Felix Delgado Vazquez
Listing Agent
Condition Rating
Poor

Built in 1955, this property is nearly 70 years old with no evidence of recent renovations. The exterior images reveal significant neglect, clutter, and wear, indicating a lack of maintenance. The listing explicitly states it's a 'GREAT INVESTMENT OPPORTUNITY' and requires 'significant updates or renovations' due to 'outdated systems (electrical, plumbing, HVAC).' While interior images are unavailable, the age and exterior condition strongly suggest the kitchen, bathrooms, and other interior components are severely outdated and require substantial repairs and rehabilitation.
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 = 7200, living area = 1087.
Investment Potential: Explicitly marketed as a 'GREAT INVESTMENT OPPORTUNITY,' suggesting potential for rental income, value appreciation, or renovation and resale.
Affordable Price Point: Listed at $300,000, making it an accessible entry point into homeownership or real estate investment in California.
Generous Lot Size: A 7200 sqft lot provides ample outdoor space, potential for landscaping, expansion, or adding an Accessory Dwelling Unit (ADU), subject to local regulations.
Practical Layout: With 3 bedrooms and 2 bathrooms, the property offers a functional layout suitable for families or multiple tenants, enhancing its rental appeal.
Single-Family Residence: A highly sought-after property type, offering privacy and typically greater long-term value appreciation compared to multi-family or attached homes.

Cons

Age of Property: Built in 1955, the home is nearly 70 years old, which may imply outdated systems (electrical, plumbing, HVAC) and require significant updates or renovations to meet modern standards and preferences.
Modest Interior Square Footage: At 1087 sqft, the living space is relatively compact for a 3-bedroom home, potentially limiting appeal for buyers seeking more spacious living areas.
Potential for Required Updates/Renovations: The 'investment opportunity' description, combined with the property's age, strongly suggests that the home likely requires significant capital investment for repairs, upgrades, or modernization to maximize its value and appeal.
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