649 W 6th Street, San Bernardino, California 92410, San Bernardino, 92410 - 2 bed, 1 bath
ACTIVE$465,000
649 W 6th Street, San Bernardino, California 92410
2Beds
1Bath
1,020Sqft
7,500Lot
Price Vs. Estimate
The estimated value ($230,469.425) is $234,530.575 (50%) lower than the list price ($465,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 1020.
Top Cons:
Significant Overpricing/Valuation Discrepancy: The current listing price of $465,000 is substantially higher than the estimated market value of $230,469.425 (a -50% estimation ratio), suggesting it may be significantly overpriced and could deter potential buyers.
Compared to the nearby listings
Price:$465.0K vs avg $452.5K (+$12,500)52%
Size:1,020 sqft vs avg 1,227 sqft33%
Price/sqft:$456 vs avg $36679%
More Insights
Built in 1901 (124 years old).
Condition: Built in 1901, this property features a significantly outdated kitchen with old white appliances (no dishwasher/built-in microwave visible), basic white cabinetry, and older laminate countertops. The bathroom is equally dated with a pedestal sink, old bar light fixture, and older tile in the shower/tub. While the exterior has received some recent cosmetic updates, the interior's critical areas (kitchen and bath) appear to have not been extensively renovated in 30-50+ years. Given the age of the home, major systems (electrical, plumbing, HVAC) are likely very old and would require substantial repairs and rehabilitation to meet modern standards and comfort.
Year Built
1901
Close
-
List price
$465K
Original List price
$475K
Price/Sqft
$456
HOA
-
Days on market
-
Sold On
-
MLS number
DW25044031
Home ConditionPoor
Features
View-
About this home
Beautiful 2 Bedroom house close to freeways, stores. Property land use Resi On Commercial. lots of potential you can live and run an approved business on this property. It is a must see property.
Condition Rating
Poor
Built in 1901, this property features a significantly outdated kitchen with old white appliances (no dishwasher/built-in microwave visible), basic white cabinetry, and older laminate countertops. The bathroom is equally dated with a pedestal sink, old bar light fixture, and older tile in the shower/tub. While the exterior has received some recent cosmetic updates, the interior's critical areas (kitchen and bath) appear to have not been extensively renovated in 30-50+ years. Given the age of the home, major systems (electrical, plumbing, HVAC) are likely very old and would require substantial repairs and rehabilitation to meet modern standards and comfort.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 1020.
Mixed-Use Zoning: The 'Resi On Commercial' land use offers unique flexibility for live/work arrangements or business operations, significantly broadening its appeal to entrepreneurs and investors.
Development Potential: A generous 7,500 sqft lot provides ample space for potential expansion, landscaping, or the addition of an Accessory Dwelling Unit (ADU), subject to local regulations.
Strategic Location: Proximity to freeways and stores ensures convenient access for commuters and daily necessities, enhancing the property's practical appeal.
Historic Character: Built in 1901, the property likely possesses architectural details and character that can be restored or highlighted, appealing to buyers seeking unique homes with a sense of history.
Recent Price Reduction: The reduction from an original list price of $475,000 to $465,000 indicates a motivated seller and potential for negotiation, which can attract price-sensitive buyers.
Cons
Significant Overpricing/Valuation Discrepancy: The current listing price of $465,000 is substantially higher than the estimated market value of $230,469.425 (a -50% estimation ratio), suggesting it may be significantly overpriced and could deter potential buyers.
Advanced Age & Potential for Deferred Maintenance: As a 1901 build, the property is over 120 years old, likely requiring substantial updates to major systems (plumbing, electrical, HVAC) and potentially extensive renovations to meet modern standards and safety codes.
Limited Living Space & Configuration: With only 2 bedrooms and 1 bathroom across 1,020 sqft, the property offers limited living space, which might not suit larger families or those desiring more modern layouts, especially given the price point.