642 W Olive St, San Bernardino, California 92410, San Bernardino, 92410 - 2 bed, 1 bath
642 W Olive St
San Bernardino, California 92410
Property Price
SUMMARY
Analysis of 642 W Olive St, San Bernardino, California 92410 reveals a Fairly Priced Property with a current list price of $389,888 aligned with the estimated $389,888 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Bernardino Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and well-maintained for its age. It features significant modern upgrades including central A/C and solar panels. The interior shows updated laminate flooring, a refreshed kitchen with newer countertops, and a modernized bathroom vanity. While the structure dates to 1938, the systems and finishes are functional and updated enough to avoid immediate renovation needs.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Climate Control
The property features a Central A/C system, a significant value-add for a 1938 home that ensures comfort during San Bernardino's high-temperature months.
- Energy Efficiency
Equipped with solar panels, the home offers the potential for substantial savings on monthly utility bills, appealing to budget-conscious buyers.
- Competitive Entry-Level Pricing
With a recent price reduction to $390,000, this property serves as an accessible entry point for first-time buyers or a high-yield opportunity for investors.
CONSRISKS & DEFICIENCIES
- Solar Transfer Complexity
The requirement for the buyer to qualify for the solar contract transfer adds a layer of financial scrutiny and potential complication to the escrow process.
- Limited Outdoor Space
With a lot size of only 2,408 square feet, the property offers very little yard space for gardening, pets, or outdoor entertaining.
- Vintage Infrastructure Risks
Built in 1938, the property may possess aging plumbing, electrical, or structural components typical of pre-war construction that could require future capital expenditure.
About 642 W Olive St
BACK TO MARKET......PRICE REDUCTION !!! Good Opportunity for First time Buyer's and Investors.Cute Home in San Bernardino, 2 Bedrooms and 1 Bathroom, 1 Car Garage Detached , laundry inside the House. Close to Shopping's,Schools and Freeways. Property has a Solar panels ( Buyer has to be qualified for Contract Purchase Transfer )Also the Property has a Central A/C. At Close of Escrow, property will be deliver Vacant and Clean. Call the Listing Agent for details and Check the Private remarks.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1938
- Lot Size
- 2,408 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 23% |
| Baths | 1.0 | 2.0 | 35% |
| Square foot | 977 | 1,191.5 | 24% |
| Lot Size | 2,408 | 7,245 | 2% |
| Price | $389.9K | $463.0K | 18% |
| Price per sq ft | $399 | $385 | 55% |
| Built year | 1938 | 1954 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 241 | 191 | 71% |
Pricing History
Listed for Sale
Mar 1, 2026
$389,888
$390,000
+0% Price Increase
Initial Listing
Price Change
Dec 10, 2025
$390,000
$399,000
-2% Price Drop
Initial Listing
Price Change
Nov 18, 2025
$399,000
$399,888
+0% Price Increase
Initial Listing
Price Change
Oct 18, 2025
$399,888
$399,999
+0% Price Increase
Initial Listing
Price Change
Oct 3, 2025
$399,999
$398,988
+0% Price Increase
Initial Listing
Price Change
Sep 28, 2025
$398,988
$398,999
+0% Price Increase
Initial Listing
Price Change
Sep 21, 2025
$398,999
$399,000
+0% Price Increase
Initial Listing
Price Change
Sep 7, 2025
$399,000
$399,888
+0% Price Increase
Initial Listing
Price Change
Aug 12, 2025
$399,888
$409,444
-2% Price Drop
Initial Listing
Price Change
Aug 10, 2025
$409,444
$409,777
+0% Price Increase
Initial Listing
Price Change
Aug 2, 2025
$409,777
Initial Listing
Price Change
Jul 9, 2025
$409,999
Initial Listing