
San Bernardino, California 92404
This property presents a High-Potential Investment Opportunity with a List Price of $425,000—positioned well below the $429,151 Fair Market Value by 0.97%. This valuation gap offers $4,151 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home includes a new 2024 roof, updated plumbing, and a 200 Amp electrical panel. While interior cosmetic updates are required, the 12,648 sqft lot provides significant upside for expansion. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7139 Osbun Subject | $425,000* List Price | 2 | 1 | 1,014 | $419 | - |
A 7216 Del Rosa Avenue Sold | $350,000 | 2 | 2 | 1,000 | $350 | 0.2 mi |
B 7250 Del Rosa Avenue Sold | $460,000 | 3 | 1 | 995 | $462 | 0.2 mi |
C 7014 Conejo Sold | $435,000 | 2 | 2 | 800 | $544 | 0.6 mi |
D 25144 19th Sold | $420,000 | 3 | 1 | 1,226 | $343 | 0.7 mi |
E 6937 Fairfax Sold | $425,000 | 3 | 2 | 798 | $533 | 0.6 mi |
F 7141 Elmwood Active | $450,000 List Price | 2 | 1 | 1,092 | $412 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property features excellent recent updates to major systems, including a new roof (2024), plumbing (2022), and electrical (2015). However, the 1946 structure is being sold 'as-is' and requires interior cosmetic updates such as paint and carpet, aligning with the 'dated; needs minor repairs' criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12648, living area = 1014.
The property features a brand-new roof (2024), updated plumbing (2022), and a modernized electrical system with a 200 Amp panel, significantly reducing immediate maintenance costs for the buyer.
The original raised foundation has been professionally converted and bolted to a permanent foundation, ensuring long-term structural integrity and meeting modern safety standards.
The interior requires new paint and carpeting throughout, necessitating an immediate post-purchase budget and effort for aesthetic improvements.
The property is being sold in as-is condition, which may limit certain types of financing and requires the buyer to assume responsibility for all existing cosmetic or minor defects.
Great home for first time buyers and small family. The seller has made many improvements to the home. New roof on house and garage 2024. Original Raised foundation has been converted and bolted to a permanent foundation. Revised Electrical 9 years ago. House 100 Amp to 200 Amp panel and Garage 220 Amp and 110. 25 Ft Driveway poured 3 years ago. Plumbing under the house redone 2 years ago. The interior needs paint and carpet. Being sold as is condition.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,014 | 1,336.28 |
| Lot Size | 12,648 | 7,410.822 |
| Price | $425.0K | $519.7K |
| Price per sq ft | $419 | $377 |
| Built year | 1946 | 1955 |
| HOA | $0 | $121 |
| Days on market | 47 | 61 |
Jul 24, 2026
$425,000
Initial Listing
Oct 6, 2003
$130,000
Public Record
Jun 6, 2001
$95,000
Public Record
May 22, 2000
$68,000
Public Record