5035 Louise, San Bernardino, California 92407, San Bernardino, 92407 - 3 bed, 2 bath
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San Bernardino, California 92407
This property presents a High-Potential Investment Opportunity with a List Price of $490,000—positioned above the $473,463 Fair Market Value by 3%. While the price reflects current market stability, the Condition Rating of 4 indicates a value-add asset requiring cosmetic updates to maximize returns. The 7,300 square foot lot offers significant potential for an ADU, enhancing long-term yield. Located near California State University, this residence is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through targeted renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5035 Louise Subject | $490,000* List Price | 3 | 2 | 1,024 | $462 | - |
A 4906 N E Sold | $490,000 | 3 | 1 | 980 | $500 | 0.2 mi |
B 4965 N Crescent Sold | $525,000 | 4 | 2 | 1,117 | $470 | 0.2 mi |
C 868 W 48th Sold | $487,000 | 3 | 2 | 990 | $492 | 0.3 mi |
D 4558 N Mountain View Sold | $455,000 | 2 | 1 | 1,045 | $435 | 0.6 mi |
E 987 W Hill Sold | $495,000 | 3 | 2 | 1,400 | $354 | 0.5 mi |
F 4380 N Mountain View Sold | $480,000 | 3 | 2 | 1,238 | $388 | 0.7 mi |
G 4667 N E Sold | $465,000 | 2 | 1 | 792 | $587 | 0.3 mi |
H 4568 N D Active | $449,000 List Price | 3 | 2 | 1,142 | $393 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981 (45 years old), the property is in a well-established neighborhood and described as functional, but it lacks any mention of recent renovations. Given the age and the description of 'opportunity,' the kitchen, baths, and systems are likely dated and require minor repairs or modern updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7300, living area = 1024.
The property is ideally situated near California State University, San Bernardino, major commuter routes, and local amenities, making it highly attractive for students, faculty, and professionals.
With a 7,300 square foot lot, the property offers significant outdoor space for gardening, entertaining, or the potential addition of an Accessory Dwelling Unit (ADU).
At approximately 1,024 square feet, the interior living area is relatively small for a three-bedroom residence, which may feel restrictive for larger families.
The property does not offer any notable views, which could be a disadvantage compared to other homes in the North San Bernardino area that feature mountain or city light vistas.
Welcome to this charming single-story home nestled in a well-established North San Bernardino neighborhood. Offering 3 bedrooms, 2 bathrooms, and approximately 1,024 square feet of thoughtfully designed living space, this residence combines comfort, functionality, and opportunity. The inviting floor plan features a cozy living area with a fireplace, abundant natural light, and a seamless flow into the dining and kitchen spaces. Outside, the spacious lot provides plenty of room to entertain, garden, or create your own outdoor retreat, while the attached two-car garage adds convenience and additional storage. Conveniently located near parks, shopping, dining, California State University, San Bernardino, major commuter routes, and everyday amenities, this home offers an excellent opportunity for first-time buyers, investors, or anyone looking to enjoy comfortable Southern California living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,024 | 1,228 |
| Lot Size | 7,300 | 7,500 |
| Price | $490.0K | $518.9K |
| Price per sq ft | $479 | $376 |
| Built year | 1981 | 1953 |
| HOA | $0 | $121 |
| Days on market | 13 | 63 |
Jul 9, 2026
$490,000
Initial Listing
May 8, 2019
$298,500
Public Record
Feb 15, 2019
$271,500
Public Record
Dec 9, 2014
$197,000
Public Record