681 W Olive Street, San Bernardino, California 92410, San Bernardino, 92410 - 2 bed, 1 bath
ACTIVE$370,000
681 W Olive Street, San Bernardino, California 92410
2Beds
1Bath
636Sqft
2,700Lot
Price Vs. Estimate
The estimated value ($363,501.335) is $6,498.665 (1%) lower than the list price ($370,000). This property may be overpriced.
Key pros and cons
Top Pros:
Single Family Residence: As a single-family home, it offers privacy, land ownership, and no HOA fees, which is highly desirable in the market.
Top Cons:
Limited Living Space: With only 636 sqft, the property offers very compact living quarters (2 beds, 1 bath), which may not suit families or those desiring more spacious accommodations.
Compared to the nearby listings
Price:$370.0K vs avg $442.5K ($-72,500)20%
Size:636 sqft vs avg 1,227 sqft6%
Price/sqft:$582 vs avg $36697%
More Insights
Built in 1920 (105 years old).
Condition: The property was built in 1920, making it over 100 years old. The single exterior image shows an aged home with visible roof patches and older window styles, suggesting deferred maintenance. Without any interior images, it's highly probable that the kitchen, bathroom, and major systems (electrical, plumbing, HVAC) are original or have not been updated in many decades, requiring substantial repairs and rehabilitation to meet current safety and comfort standards. The lack of interior photos for a property of this age is a strong indicator that the interior is not a selling point and likely needs significant work.
Year Built
1920
Close
-
List price
$370K
Original List price
$370K
Price/Sqft
$582
HOA
-
Days on market
-
Sold On
-
MLS number
IV25181785
Home ConditionPoor
Features
View-
About this home
Condition Rating
Poor
The property was built in 1920, making it over 100 years old. The single exterior image shows an aged home with visible roof patches and older window styles, suggesting deferred maintenance. Without any interior images, it's highly probable that the kitchen, bathroom, and major systems (electrical, plumbing, HVAC) are original or have not been updated in many decades, requiring substantial repairs and rehabilitation to meet current safety and comfort standards. The lack of interior photos for a property of this age is a strong indicator that the interior is not a selling point and likely needs significant work.
Pros & Cons
Pros
Single Family Residence: As a single-family home, it offers privacy, land ownership, and no HOA fees, which is highly desirable in the market.
Lot Potential: The 2,700 sqft lot provides valuable outdoor space for landscaping, gardening, or potential future expansion, such as an Accessory Dwelling Unit (ADU), subject to local zoning.
Historic Character: Built in 1920, the property possesses inherent historic charm and architectural details that can appeal to buyers seeking unique character over modern construction.
Location in San Bernardino: Situated in San Bernardino, the property benefits from access to urban amenities, transportation routes, and potential for appreciation within the Inland Empire region.
Active & Fresh Listing: Being an active and newly listed property (based on the future on-market date), it presents a fresh opportunity for buyers and is likely to generate immediate interest.
Cons
Limited Living Space: With only 636 sqft, the property offers very compact living quarters (2 beds, 1 bath), which may not suit families or those desiring more spacious accommodations.
Age-Related Maintenance & Systems: Built in 1920, the property is likely to require significant investment in updating major systems (plumbing, electrical, HVAC) and addressing potential deferred maintenance or structural issues.
Price-to-Value Ratio: The list price of $370,000 for a small, older home in San Bernardino may be perceived as high by potential buyers, potentially impacting marketability and requiring strong justification or significant upgrades to command this price.