687 W 17th, San Bernardino, California 92405, San Bernardino, 92405 - 0 bed, 0 bath
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San Bernardino, California 92405
Analysis of 687 W 17th, San Bernardino, California 92405 is currently available with a list price of $750,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Property is moderate renovation needed.
Built in 1964, this property shows signs of age consistent with a 'fair' rating. The exterior features outdated window AC units, security bars, and visible cracking in the concrete carport area. While the description indicates the units are functional and generating income, the lack of interior photos and the aged exterior suggest that the systems and finishes are likely outdated and have not undergone a full recent renovation.
The property's proximity to San Bernardino Valley College and Arrowhead Regional Medical Center ensures a consistent and high-demand tenant pool of students and healthcare professionals.
As a quadruplex, this asset provides a diversified revenue stream and reduced vacancy risk, making it an ideal vehicle for generating passive income and long-term wealth.
Immediate access to Interstate 215 and major local transit routes enhances the property's appeal to commuters, supporting strong occupancy rates in a competitive rental market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1, other record living area = 2992.
Built in 1964, the property may require more frequent maintenance or significant capital expenditures for aging infrastructure and systems compared to newer builds.
Given the substantial price appreciation since the 2020 sale, the current list price may result in a tighter capitalization rate, requiring careful financial analysis for yield-focused investors.
687 17th Street in San Bernardino presents a compelling residential income opportunity with strong cash-flow in a high-demand rental market. This multi-unit property offers immediate income, making it attractive for both seasoned investors expanding their portfolio and first-time buyers looking to gain passive income and generational wealth. It's functional layout, consistent tenant demand, and investor-friendly profile. Ideally located near key local landmarks, the property benefits from proximity to San Bernardino Valley College, Arrowhead Regional Medical Center, and Seccombe Lake Park, all of which support steady tenant demand. Easy access to major commuter routes like the Interstate 215 further enhances its appeal for renters, while nearby shopping and amenities contribute to a convenient and desirable living environment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1 | 1,952 | 14% |
| Lot Size | 6,500 | 7,750 | 29% |
| Price | $750.0K | $650.0K | 57% |
| Price per sq ft | $750.0K | $333 | 86% |
| Built year | 1964 | 1951 | 86% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 213 | 14% |
Mar 29, 2026
$750,000
Initial Listing
Dec 23, 2020
$495,000
Public Record
Mar 15, 2018
$410,000
Public Record
Mar 8, 2013
$247,500
Public Record
Aug 7, 2009
$125,500
Public Record
Mar 1, 2006
$520,000
Public Record
Oct 7, 2003
$250,000
Public Record