
San Bernardino, California 92407
This property presents a High-Potential Investment Opportunity with a List Price of $600,000—positioned well above the $509,416 Fair Market Value by -17%. Featuring a Condition Rating of 5, the home requires a comprehensive rehabilitation to address structural and exterior neglect. However, the 7,168 sqft lot and 1,615 sqft floor plan provide a solid foundation for value-add improvements. Located near highly-rated schools like Palm Avenue Elementary, this asset is best suited for Fix-and-Flip Investors or Contractors capable of executing a full-scale renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6065 Olive Subject | $600,000* List Price | 2 | 2 | 1,615 | $315 | - |
A 2634 Akron Sold | $549,000 | 3 | 3 | 1,461 | $376 | 0.5 mi |
B 2825 Cincinnati St Sold | $510,000 | 3 | 2 | 1,144 | $446 | 0.5 mi |
C 6084 Shepherd Pending | $549,888 List Price | 4 | 3 | 1,944 | $283 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1986 (38 years old) and showing significant neglect; the garage and entry are boarded up, the roof and fascia boards exhibit visible damage, and the exterior requires a full rehab to address safety and structural concerns.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7168, living area = 1615.
With 1,615 square feet dedicated to a two-bedroom layout, this home offers an exceptionally spacious interior with larger-than-average room sizes compared to standard two-bedroom configurations.
The property is ideally situated near well-rated educational institutions, including Palm Avenue Elementary and North Verdemont Elementary, both of which hold a solid rating of 7.
At a $600,000 price point, a two-bedroom inventory may face stiff competition from three-bedroom homes, potentially limiting the buyer pool to smaller households or retirees.
The listing indicates no specific views, which may be considered a drawback for buyers seeking the mountain or city light vistas often found in the San Bernardino area.
Exceptional opportunity in San Bernardino. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-6 • 1.3 mi
Grades K-6 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,615 | 1,336.28 |
| Lot Size | 7,168 | 7,410.822 |
| Price | $600.0K | $519.7K |
| Price per sq ft | $372 | $377 |
| Built year | 1986 | 1955 |
| HOA | $0 | $121 |
| Days on market | 13 | 61 |
Aug 27, 2026
$600,000
Initial Listing
Aug 31, 2000
$124,500
Public Record
Apr 23, 1999
$112,000
Public Record