5528 Elmwood, San Bernardino, California 92404, San Bernardino, 92404 - 3 bed, 2 bath
5528 Elmwood
San Bernardino, California 92404
Property Price
SUMMARY
Analysis of 5528 Elmwood, San Bernardino, California 92404 reveals a Fairly Priced Property with a current list price of $539,900 aligned with the estimated $553,439 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the San Bernardino Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5528 Elmwood Subject | $539,900* List Price | 3 | 2 | 1,558 | $355 | - |
A 3924 Modesto Sold | $480,000 | 3 | 2 | 1,722 | $279 | 0.7 mi |
B 5340 Dogwood Sold | $527,500 | 4 | 2 | 1,190 | $443 | 0.2 mi |
C 25542 Edgemont Drive Sold | $525,000 | 3 | 2 | 1,192 | $440 | 0.4 mi |
D 1123 E 29th Sold | $429,000 | 3 | 2 | 1,150 | $373 | 0.9 mi |
E 5728 Elm Sold | $425,000 | 3 | 2 | 1,215 | $350 | 0.5 mi |
F 5443 Golondrina Drive Active Under Contract | $539,900 List Price | 4 | 2 | 1,698 | $318 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 2004, this home is 20 years old. While well-maintained and move-in ready, the kitchen features dated light wood cabinets, green speckled countertops, and white appliances (except for the stainless steel refrigerator). The bathrooms are clean and functional but also show signs of being outdated in style, with older light fixtures and standard finishes. The flooring consists of laminate in living areas and carpet in bedrooms, which appears to be in decent condition but not new. The property would benefit from minor cosmetic updates to the kitchen and bathrooms to align with more current styles, fitting the 'fair' category's description of being aged but maintained, with major components functional but showing signs of being outdated.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 7176, living area = 1558.
- Newer Construction
Built in 2004, this home is considered newer construction compared to the surrounding area, potentially offering modern building standards and fewer immediate maintenance concerns.
- Open Floor Plan
The property features an open floor plan with a spacious living area that seamlessly connects to the dining space and kitchen, ideal for modern living and entertaining.
CONSRISKS & DEFICIENCIES
- Proximity to Lower-Rated Schools
While some highly-rated schools are nearby, the property is also in close proximity to elementary and middle schools with lower ratings (e.g., Barton Elementary and Del Vallejo Middle School rated 2), which might be a consideration for some families.
- Lack of Mentioned Cooling System
The property description does not mention a cooling system (e.g., central air conditioning), which could be a significant drawback during hot California summers and may require future installation or upgrades.
- Potential for Further Updates
While the kitchen includes a stainless-steel refrigerator and a 'unique design touch,' and bathrooms are 'clean and functional,' the overall description of a 'neutral color palette' suggests that some areas of the home may not have received recent, significant modern upgrades beyond basic functionality, potentially requiring buyer investment for personalization.
About 5528 Elmwood
Excellent Value – Priced to Sell; Welcome to this inviting 3-bedroom, 2-bathroom home , Built in 2005 – Newer Construction Compared to the Area. featuring an open floor plan with a spacious living area that flows seamlessly into the dining space and kitchen—perfect for everyday living and entertaining. The kitchen offers great natural light, a unique design touch, and includes a stainless-steel refrigerator. The bedrooms are comfortably sized with ample natural light, and both bathrooms are clean and functional. A neutral color palette provides an excellent canvas to make the home your own. Enjoy low monthly energy costs with solar panels installed on the property. Conveniently located just 10 minutes from San Bernardino International Airport and near Seley Plaza, shopping, dining, entertainment, and local schools. A great opportunity offering space, style, and location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 7,176 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Bernardino Unified Schools
Del Rosa Elementary School
Grades K-6 • 0.3 mi
Hunt Elementary School
Grades K-5 • 1.1 mi
Belvedere Elementary School
Grades K-6 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,558 | 1,359 | 64% |
| Lot Size | 7,176 | 8,250 | 17% |
| Price | $539.9K | $505.0K | 68% |
| Price per sq ft | $347 | $367 | 41% |
| Built year | 2004 | 1954 | 91% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 173 | 2% |
Pricing History
Listed for Sale
Jan 17, 2026
$539,900
Initial Listing
Sold
Aug 31, 2018
$285,000
Public Record