
San Bernardino, California 92405
This Residential Income Property presents a High-Potential Investment Opportunity with a List Price of $598,999—positioned well below the $622,946 Fair Market Value by 3%. This valuation gap offers $23,947 in Instant Equity. Featuring a Fair Condition Rating (4/10), the dual-unit layout provides immediate rental income, while the expansive 14,040 sqft lot offers significant development upside. Located near George Brown Jr Elementary, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental revenue.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 559 W 25th Subject 4 bd · 3 ba · 1,862 sqft · $335 | $598,999* List Price | 4 | 3 | 1,862 | $335 | - |
A 1544 Genvieve Street Sold 4 bd · 2 ba · 1,610 sqft · $345 · 0.9 mi | $555,000 | 4 | 2 | 1,610 | $345 | 0.9 mi |
B 1564 Genevieve Sold 4 bd · 2 ba · 1,643 sqft · $335 · 0.9 mi | $550,000 | 4 | 2 | 1,643 | $335 | 0.9 mi |
C 1544 Genevieve 2 Sold 0 bd · 0 ba · 1,610 sqft · $345 · 0.9 mi | $555,000 | 0 | 0 | 1,610 | $345 | 0.9 mi |
D 1564 Genevieve 2 Sold 0 bd · 0 ba · 1,643 sqft · $335 · 0.9 mi | $550,000 | 0 | 0 | 1,643 | $335 | 0.9 mi |
E 1720 N Sierra Way Active 0 bd · 0 ba · 2,126 sqft · $303 · 0.8 mi | $645,000 List Price | 0 | 0 | 2,126 | $303 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1952, the property shows some cosmetic updates including newer laminate flooring and painted kitchen cabinets. However, it remains dated overall, featuring an older pink-tiled shower and lacking central HVAC, relying instead on individual wall AC units and older wall heaters.
Featuring two separate homes on one lot with individual meters, this property is ideal for owner-users seeking rental income to offset their mortgage or investors looking for immediate cash flow.
The expansive 14,040 sqft lot offers substantial potential for adding more units, supported by the presence of neighboring 8-unit and 10-unit complexes in the immediate area.
Situated within 300 feet of George Brown Jr Elementary School and offering scenic mountain views, the property is highly attractive for long-term family tenants.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
While the lot size suggests growth, the specific number of additional units allowed is not guaranteed and requires independent verification with the city planning department.
Built in 1952, the structures may require modernization or updates to major systems to meet current market standards and maximize rental value.
2 homes on one lot - The front house has an address of 557 and is a 3 bedroom, 1 1/5 bath home and the rear home has an address of 559 and is a 1 bedroom, one bath home. Both units have separate meters. Property is perfect for an owner user who wants to have an additional income. And for an investor, who wants to build additional units on the property. Check out the next-door properties that have 8 units and just closed escrow in May for $1,550.000 and another has a 10 unit and is currently for sale for 1.9 mil. But check with city as to how many additional units can be built here. Great property and great area of San Bernardino. And George Brown Jr Elementary School, the home of The Explorers, is with-in 300 feet or so from the property. Seller has a recent appraisal of $600,000 from July 2026. Come one, come all, to this great property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.3 |
| Baths | 3.0 | 2.7 |
| Square foot | 1,862 | 1,871.438 |
| Lot Size | 14,040 | 7,757.938 |
| Price | $599.0K | $669.3K |
| Price per sq ft | $322 | $318 |
| Built year | 1952 | 1948 |
| HOA | $0 | $0 |
| Days on market | 52 | 63 |
Sep 2, 2026
$598,999
Initial Listing
May 26, 2010
$131,000
Public Record
May 24, 2010
$123,000
Public Record
Nov 15, 2002
$155,000
Public Record
Jul 10, 1998
$92,000
Public Record