
San Bernardino, California 92407
This property presents a High-Potential Investment Opportunity with a List Price of $575,000—positioned well below the $585,205 Fair Market Value by 1.7%. This valuation gap offers $10,205 in Instant Equity. Featuring a 5-bedroom layout on a massive 26,394 sqft lot, the home includes a 4-car garage and a private suite for rental income. Despite a Condition Rating of 5 due to unpermitted additions, the proximity to 10/10 rated Hillside Elementary makes this an ideal project for Buy-and-Hold Investors or Owner-Occupants seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 641 W 48th Subject 3 bd · 2 ba · 1,898 sqft · $308 | $575,000* List Price | 3 | 2 | 1,898 | $308 | - |
A 5572 Electric Active Under Contract 4 bd · 3 ba · 1,802 sqft · $316 · 0.7 mi | $569,900 List Price | 4 | 3 | 1,802 | $316 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1946 (78 years old) with unpermitted additions, which poses significant safety and structural risks. While the kitchen has received some updates, the presence of window AC units suggests outdated HVAC systems, and the overall age and lack of permit history for major square footage additions necessitate a full rehab to meet modern building codes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 26394, living area = 1898.
Elementary School: Hillside Elementary School (10/10).
The property sits on a massive 26,394 sqft lot (over half an acre), offering significant space for a pool, an ADU, or even a duplex, providing high value for investors or those seeking space.
Two of the bedrooms were added without permit records from the city, which may complicate financing, appraisals, or future permitting for the new owner.
With only one full bath and one quarter bath serving a five-bedroom home, the current configuration may be insufficient for large families and could require further investment to upgrade.
Located in the nice neighborhood of Arrowhead Farm Subdivision, more than half an acre lot, 5 bedrooms 1 full bath and a quarter bath. Two bedrooms were added by the previous owner not showing any permit record from the city permit dept. Master bedroom with a office and entrance door in front. Back room set up as a suite with it's own access door, could be a good potential for rental income. Kitchen was remodeled with pull over and lazy Susan cabinet that everything is easy to reach. Heavy duty stove oven for someone who loves to eat home cooking. House is also a perfect for extended families. Front balcony can be your place to sit down and drink your morning coffee or sift your wine after a hard days work. Kids will love to play in the spacious backyard with peace of mind since the house has a security automatic gate. You can park all your toys in a 4 car garage and a lot more space left for all your guess. Endless possibilities not just imagination; for build your dream house with a pool, a duplex to rent. Come and see it for yourself! Show and Sell!
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.5 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,898 | 1,362.551 |
| Lot Size | 26,394 | 7,424.257 |
| Price | $575.0K | $520.9K |
| Price per sq ft | $303 | $374 |
| Built year | 1946 | 1956 |
| HOA | $0 | $121 |
| Days on market | 1 | 61 |
Oct 23, 2026
$575,000
Initial Listing
Feb 5, 1997
$56,000
Public Record