579 16th, San Bernardino, California 92405, San Bernardino, 92405 - 3 bed, 2 bath
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San Bernardino, California 92405
This property presents a High-Potential Investment Opportunity with a List Price of $468,950—positioned well below the $452,676 Fair Market Value by -3%. Featuring a Fair Condition Rating, this 1924 vintage home offers significant value-add potential through modernization of its dated kitchen and mechanical systems. The 1,484 square foot layout, including a wood-burning fireplace and large fenced yard, provides a solid foundation for renovation. This asset is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking to capitalize on the property's central location and structural character.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 579 16th Subject | $468,950* List Price | 3 | 2 | 1,484 | $305 | - |
A 464 W 14th Street Sold | $465,000 | 3 | 2 | 1,574 | $295 | 0.2 mi |
B 1995 Genevieve Sold | $449,000 | 3 | 4 | 1,416 | $317 | 0.6 mi |
C 2788 N E Street Sold | $430,000 | 3 | 2 | 1,369 | $314 | 1.0 mi |
D 1305 N D Street Sold | $465,000 | 4 | 3 | 1,532 | $304 | 0.4 mi |
E 2625 N Arrowhead Sold | $465,000 | 3 | 1 | 1,556 | $299 | 0.9 mi |
F 231 W 24th Street Sold | $440,000 | 2 | 2 | 1,236 | $356 | 0.8 mi |
G 770 W Trenton Pending | $450,000 List Price | 2 | 2 | 1,288 | $349 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a 100-year-old vintage home with some cosmetic updates, including newer laminate flooring and interior paint. However, the kitchen is significantly dated with older cabinetry and tile, and the mechanical systems appear aged, evidenced by the water heater's placement in the kitchen area and the use of window AC units rather than central HVAC.
The property is ideally situated near downtown San Bernardino with immediate access to schools, shopping, hospitals, and major freeways, offering high convenience for commuters and families.
Built in 1924, this home features classic character including a wood-burning fireplace, a formal dining room, and a large covered front porch that enhances its curb appeal.
With 1,484 square feet of living space, the home offers a roomy three-bedroom floor plan, indoor laundry facilities, and a fully fenced yard, making it an excellent starter home.
Given the 1924 construction date and mention of only 'some upgrades,' the property may require significant investment in modernizing electrical, plumbing, or structural components.
The listing lacks mention of a central cooling system, which is a critical feature for comfort and resale value given the high summer temperatures in the San Bernardino area.
Vintage House located near downtown San Bernardino close to schools, shopping, freeway access and hospitals. Roomy three bedrooms with one and a half bathrooms. Large living room with formal dining room indoor laundry. Wood burning fireplace. Some upgrades have been done. Great for a family just starting out. Large covered front porch for relaxing. Fenced yard.
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 | 1,484 | 1,228 |
| Lot Size | 6,000 | 7,500 |
| Price | $468.9K | $518.9K |
| Price per sq ft | $316 | $376 |
| Built year | 1924 | 1953 |
| HOA | $0 | $121 |
| Days on market | 3 | 63 |
Jul 19, 2026
$468,950
Initial Listing