7226 Tippecanoe Avenue, San Bernardino, California 92404, San Bernardino, 92404 - 2 bed, 1 bath
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San Bernardino, California 92404
This Value-Add Residential Asset is listed at $449,000, currently priced at a premium relative to its $379,908 Fair Market Value. The property’s primary appeal lies in its Income Potential, featuring an additional rear unit and an Expansive 10,000 Sqft Lot with significant ADU development upside. Holding a Condition Rating of 5, the 1946 infrastructure requires substantial rehabilitation to major systems and cosmetic finishes. This project is a strategic acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors focused on forced appreciation in the San Bernardino City Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7226 Tippecanoe Avenue Subject | $430,000* List Price | 2 | 1 | 952 | $426 | - |
A 532 E Evans Street Sold | $400,000 | 2 | 1 | 911 | $439 | 0.8 mi |
B 25219 17th Sold | $385,000 | 2 | 1 | 917 | $420 | 0.7 mi |
C 7027 Conejo Drive Sold | $407,000 | 3 | 1 | 993 | $410 | 0.3 mi |
D 6937 Fairfax Pending | $399,999 List Price | 3 | 2 | 798 | $501 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1946 and marketed as an investor opportunity, the property shows signs of aging infrastructure and requires substantial rehabilitation to major systems and cosmetic finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10000, living area = 952.
The property features an additional rear unit with a bedroom and bathroom, offering a prime opportunity for rental income or multi-generational living configurations.
Situated on a generous 10,000-square-foot lot, the property provides significant space for future expansion, landscaping, or the development of a permitted ADU.
The rear unit is unpermitted, which may complicate traditional financing options and could require future legalization or remediation with local building authorities.
Built in 1946, the home likely requires significant updates to major systems and cosmetic finishes to meet modern standards and address potential deferred maintenance.
Wonderful opportunity for invesetors. Additional unpermitted unit in rear of property. 2+1 ... the rear unit has one bedroom and a 3/4 bathroom.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 18% |
| Baths | 1.0 | 2.0 | 26% |
| Square foot | 952 | 1,335 | 14% |
| Lot Size | 10,000 | 8,300 | 73% |
| Price | $430.0K | $515.0K | 20% |
| Price per sq ft | $452 | $379 | 83% |
| Built year | 1946 | 1954 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 191 | 1% |
Mar 27, 2026
$430,000
$449,000
-4% Price Drop
Initial Listing
Mar 13, 2026
$449,000
Initial Listing
Sep 17, 2019
$260,000
Public Record
Apr 27, 2018
$165,000
Public Record