579 E 40th, San Bernardino, California 92404, San Bernardino, 92404 - 3 bed, 2 bath
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San Bernardino, California 92404
This Mid-Century Modern Single Family Residence is a Prime Investment Opportunity, listed at $515,000—positioned well below the $534,921 Fair Market Value by 3%. This valuation gap offers $19,921 in Instant Equity. With a Condition Rating of 3, the home features recent plumbing and electrical upgrades, offering a functional, move-in ready space with mountain views. Its parkside location and unique architectural character make this an ideal acquisition for Owner-Occupants seeking value or Buy-and-Hold Investors targeting long-term stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 579 E 40th Subject | $515,000* List Price | 3 | 2 | 1,813 | $295 | - |
A 535 Fairmont Drive Sold | $576,000 | 3 | 3 | 1,860 | $310 | 0.3 mi |
B 698 E Ralston Active | $569,000 List Price | 3 | 2 | 1,739 | $327 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property benefits from significant recent updates including new LVP flooring, fresh paint, and critical system upgrades like new electrical and drain plumbing. While the kitchen remains dated with older cabinetry and tile, the bathrooms have been recently restored and the home is functional and move-in ready.
The home features iconic 1955 character like exposed wood beams and a two-sided fireplace, seamlessly blended with modern upgrades including new electrical and plumbing.
Ideally situated directly across from a multi-use park and dog park, offering both recreational convenience and scenic mountain views.
Boasts practical enhancements including a U-shaped driveway for easy parking, a water filtration system, and a large indoor laundry room with ample storage.
Built in 1955, the property may still possess original structural or insulation standards that are less energy-efficient than contemporary constructions.
Located in a mature San Bernardino neighborhood, the property may face slower appreciation rates compared to newer master-planned communities in the Inland Empire.
CHARMING, mid-century-modern, North San Bernardino home. This 3 bed 2 bath is a must see! Complete with a perfect blend of modern upgrades and 1955 character! Walk into a large open concept living and dining area that share a dramatic two-sided fire place. Wall to wall windows bring in plenty of natural light and an inviting view of the covered patio backyard. Down the hall is your master bedroom having a crafty built-in dresser and walk-in closet. The two additional bedrooms have exposed wood beam ceilings, fresh neutral paint, and new flooring. Both bathrooms have been brought back to life, recently restored/updated with unique features and style. Large indoor laundry room with ample storage space. Additional features include: LVP flooring, water softener and filtration system, new electrical and drain plumbing. Front of the home has a u shaped drive way for easy parking along with a two car garage. Conveniently located across from a park, picnic area, dog park and baseball field. Close to shopping and golf course. You'll also have a beautiful view of the San Gorgonio mountains. Come out and see for yourself!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,813 | 1,363 | 76% |
| Lot Size | 7,200 | 8,050 | 29% |
| Price | $515.0K | $525.0K | 48% |
| Price per sq ft | $284 | $373 | 17% |
| Built year | 1955 | 1954 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 184 | 1% |
May 14, 2026
$515,000
Initial Listing
Feb 28, 2020
$325,000
Public Record
Oct 16, 2008
$208,000
Public Record
Jun 22, 2006
$371,000
Public Record