648 E 20th, San Bernardino, California 92404, San Bernardino, 92404 - 2 bed, 1 bath
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San Bernardino, California 92404
This property presents a High-Potential Investment Opportunity with a List Price of $429,000—positioned well below the $422,314 Fair Market Value by -1.5%. While the property is priced slightly above market, its Fair Condition Rating and 1953 build offer significant upside through modernization. The Versatile Bonus Room and Generous 6,800 sqft Lot provide clear paths for forced appreciation. Located in the San Bernardino City Unified district, this asset is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking to build long-term value through sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 648 E 20th Subject | $429,000* List Price | 2 | 1 | 1,116 | $378 | - |
A 549 E Evans Street Sold | $405,000 | 2 | 1 | 975 | $415 | 0.4 mi |
B 741 Niles Street Sold | $435,000 | 3 | 2 | 1,288 | $338 | 0.2 mi |
C 2746 Cedar Sold | $535,000 | 3 | 2 | 1,135 | $471 | 0.6 mi |
D 1737 N Lugo Avenue Sold | $460,000 | 3 | 2 | 1,286 | $358 | 0.6 mi |
E 124 E 18th Sold | $390,000 | 2 | 1 | 1,252 | $312 | 0.6 mi |
F 1123 E 29th Sold | $429,000 | 3 | 2 | 1,150 | $373 | 0.9 mi |
G 488 E Gilbert Pending | $395,000 List Price | 2 | 1 | 842 | $469 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1953, this 70-year-old property is dated and likely requires updates to the kitchen and bathroom. While the exterior is well-maintained and the interior shows some newer flooring and vinyl windows, the presence of a roof-mounted evaporative cooler indicates older mechanical systems.
The inclusion of a flexible bonus room not counted in the official square footage provides significant added value, allowing for an easy conversion into a third bedroom or a dedicated home office.
The 6,800 square foot lot offers substantial outdoor space for gardening, entertaining, or potential future expansions, which is a highly desirable feature for buyers in this price point.
Situated in a well-established neighborhood with immediate access to major freeways, shopping, and schools, the property offers excellent convenience for commuters and families alike.
The single-bathroom layout may be a drawback for growing families or those utilizing the bonus room as an extra bedroom, potentially limiting the home's functional appeal.
As a 1953 build, the property likely requires modernization of its core systems and cosmetic updates to meet the expectations of contemporary buyers and improve energy efficiency.
Charming single-story home in the heart of San Bernardino featuring 2 bedrooms, 1 bathroom, and approximately 1,116 square feet of living space. In addition to the main living area, the home includes a versatile bonus room not included in the square footage that could easily serve as a third bedroom, office, or flex space. Situated on a spacious 6,800 square foot lot, this property offers plenty of room for outdoor entertaining, gardening, or future possibilities. The home features a functional layout with abundant natural light, a generously sized backyard, and convenient access to shopping, dining, schools, parks, and major freeways. Whether you’re a first-time homebuyer, investor, or looking to add your personal touch, this property presents an excellent opportunity with strong potential. Don’t miss your chance to own this centrally located home in a well-established neighborhood!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 16% |
| Baths | 1.0 | 2.0 | 24% |
| Square foot | 1,116 | 1,360 | 27% |
| Lot Size | 6,800 | 8,050 | 15% |
| Price | $429.0K | $525.0K | 12% |
| Price per sq ft | $384 | $373 | 54% |
| Built year | 1953 | 1954 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 184 | 1% |
Jun 4, 2026
$429,000
Initial Listing
Aug 1, 2013
$150,000
Public Record