540 N Gardena Street 1, San Bernardino, California 92411, San Bernardino, 92411 - 3 bed, 2 bath

540 N Gardena Street 1, San Bernardino, California 92411 home-pic-0
ACTIVE$458,000
540 N Gardena Street 1, San Bernardino, California 92411
3Beds
2Baths
1,242Sqft
7,000Lot

Price Vs. Estimate

The estimated value ($220,599.78) is $237,400.22 (51%) lower than the list price ($458,000). This property may be overpriced.

Key pros and cons

Top Pros:
Modernized Interior: The home features recent updates including laminate flooring, fresh paint, renovated kitchen with white cabinets, granite countertops, subway tile backsplash, and stainless-steel appliances, offering a contemporary living space.
Top Cons:
Significant Overpricing: The listing price of $458,000 is considerably higher than the estimated property value of $220,599.78 (an estimation ratio of -51%), which may deter potential buyers and impact market competitiveness.

Compared to the nearby listings

Price:$458.0K vs avg $440.0K (+$18,000)67%
Size:1,242 sqft vs avg 1,101 sqft70%
Price/sqft:$369 vs avg $38343%

More Insights

Built in 1928 (97 years old).
Condition: Despite being built in 1928, this property has undergone significant and recent cosmetic renovations, including new laminate flooring, fresh paint, and a modern kitchen with white cabinets, granite countertops, subway tile backsplash, and stainless-steel appliances. The bathrooms also feature updated tile. These updates make the interior move-in ready with no immediate cosmetic renovations required. However, the property utilizes individual AC units in each room rather than a central HVAC system, and the overall age of the structure (1928) suggests that other major systems may not be as modern, preventing it from reaching an 'Excellent' rating.
Year Built
1928
Close
-
List price
$458K
Original List price
$462K
Price/Sqft
$369
HOA
-
Days on market
-
Sold On
-
MLS number
IV25005879
Home ConditionGood
Features
View-

About this home

Great Family home 3 Bedroom 2 Bathroom with Laminate Flooring and Fresh Paint inside, tile in bathrooms. Kitchen white cabinets, Granite counter tops with subway tile back splash and stainless-steel, appliance, AC unit in each bedroom and living room. Large driveway for multiple vehicles, metal fence for privacy. Located close to large park with sport facilities, close to major freeways.

Condition Rating
Good

Despite being built in 1928, this property has undergone significant and recent cosmetic renovations, including new laminate flooring, fresh paint, and a modern kitchen with white cabinets, granite countertops, subway tile backsplash, and stainless-steel appliances. The bathrooms also feature updated tile. These updates make the interior move-in ready with no immediate cosmetic renovations required. However, the property utilizes individual AC units in each room rather than a central HVAC system, and the overall age of the structure (1928) suggests that other major systems may not be as modern, preventing it from reaching an 'Excellent' rating.
Pros & Cons

Pros

Modernized Interior: The home features recent updates including laminate flooring, fresh paint, renovated kitchen with white cabinets, granite countertops, subway tile backsplash, and stainless-steel appliances, offering a contemporary living space.
Individual Climate Control: Each bedroom and the living room are equipped with individual AC units, providing personalized temperature control and comfort throughout the home.
Enhanced Privacy & Parking: A large driveway offers ample parking for multiple vehicles, complemented by a metal fence that provides increased privacy and security for the property.
Convenient Location: The property is ideally located close to a large park with sports facilities for recreation and is in proximity to major freeways, ensuring easy commuting and access to amenities.
Functional Family Layout: With 3 bedrooms and 2 bathrooms, the home offers a practical and desirable layout well-suited for families, as highlighted by its description as a 'Great Family home'.

Cons

Significant Overpricing: The listing price of $458,000 is considerably higher than the estimated property value of $220,599.78 (an estimation ratio of -51%), which may deter potential buyers and impact market competitiveness.
Age of Property: Built in 1928, the home is nearly a century old. Despite recent cosmetic updates, its age may raise concerns about the condition of underlying infrastructure, potential for unforeseen maintenance, or less efficient older systems.
Absence of Central Air Conditioning: While individual AC units are present, the lack of a central air conditioning system might be viewed as a drawback for uniform climate control and could be a less appealing feature for some buyers seeking modern home amenities.

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