695 W 17th St, San Bernardino, California 92405, San Bernardino, 92405 - 0 bed, 0 bath
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San Bernardino, California 92405
This Triplex Investment Asset is a High-Potential Investment Opportunity with a List Price of $700,000—positioned well below the $709,000 Fair Market Value by 1%. This valuation offers $9,000 in Instant Equity and a strong $5,350 monthly gross income. With a Condition Rating of 3, the property features updated shaker cabinets and laminate flooring within the San Bernardino City Unified district. The detached house and duplex configuration provides diversified income streams in a high-demand rental pocket. This stabilized asset is ideal for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 695 W 17th St Subject | $700,000* List Price | 0 | 0 | 2,059 | $344 | - |
A 1705 N Sierra Way Sold | $795,000 | 0 | 0 | 2,403 | $331 | 0.8 mi |
B 1415 N Sierra Sold | $648,000 | 0 | 0 | 2,496 | $260 | 0.8 mi |
C 738 W 18th St 2 Sold | $649,000 | 0 | 0 | 1,600 | $406 | 0.2 mi |
D 725 W 26th Street Sold | $568,000 | 4 | 2 | 1,350 | $421 | 0.7 mi |
E 1270 Genevieve Active | $685,000 List Price | 4 | 3 | 2,030 | $337 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property features recently updated interiors with modern wood-look laminate flooring, fresh paint, and updated shaker-style kitchen cabinets with contemporary black hardware and faucets. While the original 1952 construction is evident in the exterior and the use of window AC units, the interior living spaces are move-in ready and meet current rental market standards for quality and style.
The property features a unique mix of a detached 2-bedroom house and a separate duplex, providing multiple income streams and reducing vacancy risk on a single parcel.
Generating approximately $5,350 in monthly gross rental income, this asset offers immediate positive cash flow with a competitive cap rate for the San Bernardino market.
The units have been updated to enhance tenant appeal and support stable occupancy, minimizing the need for immediate capital expenditures after purchase.
Originally built in 1952, the property may require ongoing maintenance or future upgrades to major systems like plumbing and electrical despite recent interior cosmetic updates.
With three units situated on a 6,500 square foot lot, there may be limited private outdoor space and potential parking constraints for multiple tenants.
695 W 17th St presents a 3-unit investment opportunity consisting of a detached 2Bd/2Ba house and a separate duplex with two 1Bd/1Ba units. The property generates approximately $5,350 per month in gross rental income, providing immediate cash flow with additional upside potential. The units feature updated interiors, enhancing tenant appeal and supporting stable occupancy. The detached house offers single-family style living, while the duplex units provide efficient, easy-to-lease rental housing, creating diversified income streams on a single parcel. Located in a strong rental pocket of San Bernardino, the property benefits from proximity to major transportation corridors, retail amenities, and local employment centers. An attractive opportunity for investors seeking a stabilized asset with updated units and long-term rental demand.
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 | 2,059 | 2,059 | 50% |
| Lot Size | 6,500 | 7,750 | 29% |
| Price | $700.0K | $650.0K | 57% |
| Price per sq ft | $340 | $333 | 57% |
| Built year | 1952 | 1951 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 213 | 14% |
Mar 27, 2026
$700,000
Initial Listing
Apr 7, 2015
$232,000
Public Record
Nov 12, 2002
$135,500
Public Record
Mar 31, 1998
$80,500
Public Record