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674 W Olive St, San Bernardino, California 92410, San Bernardino, 92410 - 2 bed, 1 bath

674 W Olive St, San Bernardino, California 92410 home-pic-0
ACTIVE$370,000
674 W Olive St, San Bernardino, California 92410
2Beds
1Bath
747Sqft
5,576Lot

Price Vs. Estimate

The estimated value ($346,941.485) is $23,058.515 (6%) lower than the list price ($370,000). This property may be overpriced.

Key pros and cons

Top Pros:
Income-Generating Potential: The converted garage into a private studio unit with its own kitchenette and full bathroom offers significant potential for rental income or multi-generational living.
Top Cons:
Compact Main Living Area: With only 747 square feet for the main house, the living space is relatively small, which may feel restrictive for some buyers or families.

Compared to the nearby listings

Price:$370.0K vs avg $442.5K ($-72,500)20%
Size:747 sqft vs avg 1,227 sqft8%
Price/sqft:$495 vs avg $36692%

More Insights

Built in 1922 (103 years old).
Condition: Built in 1922, this property is very old but has received functional updates, particularly in the main kitchen and the converted garage's kitchenette. While the kitchen is 'updated for everyday functionality' with painted cabinets and basic appliances, it still appears dated. The flooring is laminate, and there's a visible window AC unit in the converted garage, suggesting a lack of central cooling. The overall condition indicates a home that is aged but maintained through regular upkeep and occasional updates, requiring further cosmetic and system updates to meet modern standards, aligning with a 'Fair' condition.
Year Built
1922
Close
-
List price
$370K
Original List price
$370K
Price/Sqft
$495
HOA
-
Days on market
-
Sold On
-
MLS number
HD25171099
Home ConditionFair
Features
Patio
View-

About this home

Welcome to 674 W Olive St, San Bernardino, CA 92410! This 2-bedroom, 1-bathroom + a BONUS ROOM home offers a solid foundation and plenty of potential to make it your own. The bonus room provides flexibility—perfect for a home office, guest room, or additional sleeping area. The kitchen has been updated for everyday functionality, providing a practical space for daily living. Another unique bonus is the converted garage, now a private studio unit complete with its own kitchenette and full bathroom—ideal for extended family, guests, or potential rental income. Conveniently located near local schools, markets, and with easy access to the 215 and 10 freeways, this property is well-situated for both convenience and accessibility. If you're looking for a home and the opportunity to add your personal touch, this is one you won’t want to miss!

Condition Rating
Fair
Built in 1922, this property is very old but has received functional updates, particularly in the main kitchen and the converted garage's kitchenette. While the kitchen is 'updated for everyday functionality' with painted cabinets and basic appliances, it still appears dated. The flooring is laminate, and there's a visible window AC unit in the converted garage, suggesting a lack of central cooling. The overall condition indicates a home that is aged but maintained through regular upkeep and occasional updates, requiring further cosmetic and system updates to meet modern standards, aligning with a 'Fair' condition.
Pros & Cons

Pros

Income-Generating Potential: The converted garage into a private studio unit with its own kitchenette and full bathroom offers significant potential for rental income or multi-generational living.
Flexible Living Space: The inclusion of a bonus room provides versatile options, ideal for a home office, guest room, or additional sleeping area, enhancing the home's utility.
Functional Kitchen: The kitchen has been updated for everyday functionality, providing a practical and ready-to-use space for daily living.
Strategic Location: Conveniently located near local schools, markets, and with easy access to the 215 and 10 freeways, offering excellent accessibility and convenience.
Value-Add Potential: Described as having a 'solid foundation' and 'plenty of potential to make it your own,' appealing to buyers looking to personalize and build equity.

Cons

Compact Main Living Area: With only 747 square feet for the main house, the living space is relatively small, which may feel restrictive for some buyers or families.
Limited Bathrooms: The property features only one bathroom for a 2-bedroom plus bonus room layout, which can be inconvenient for multiple occupants or guests.
Age of Property: Built in 1922, the home's age, despite a solid foundation, suggests potential for older systems (e.g., plumbing, electrical) that may require future updates or maintenance.

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