7229 Sterling, San Bernardino, California 92404, San Bernardino, 92404 - 0 bed, 0 bath
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San Bernardino, California 92404
Analysis of 7229 Sterling, San Bernardino, California 92404 is currently available with a list price of $900,000. 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.
The property is a 1952 build that has been well-maintained with some recent updates, including a new roof and new laminate flooring in the vacant unit. However, the kitchen cabinets, bathroom fixtures, and hexagonal tile flooring are dated. The use of wall heaters and window AC units instead of central HVAC further reflects its age. While move-in ready, it lacks the comprehensive modern renovation required for a higher score.
The property features a brand-new roof installed only one year ago, significantly reducing immediate capital expenditure requirements and enhancing long-term structural integrity.
With one unit currently vacant, an investor can immediately capitalize on market-rate rents or an owner-occupant can move in without the legal complexities of tenant relocation.
The building offers exceptionally large units averaging nearly 1,250 sqft each on a substantial 14,550 sqft lot, providing a competitive edge in tenant retention and ample on-site parking.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4992, other record living area = 1248.
Originally constructed in 1952, the property may possess aging plumbing and electrical systems that could require modernization to meet contemporary efficiency standards.
Situated in a San Bernardino submarket that historically faces higher economic volatility, which may impact long-term appreciation rates compared to more affluent neighboring regions.
PRIME FOUR-UNIT INVESTMENT PROPERTY WITH A BRAND NEW ROOF INSTALLED ONLY ONE YEAR AGO. THE BUILDING CONSISTS OF FOUR SPACIOUS UNITS, EACH FEATURING 2 BEDROOMS AND 1 1/4 BATHROOM. ONE UNIT IS CURRENTLY VACANT AND READY FOR A NEW TENANT AT MARKET RENT OR FOR AN OWNER TO MOVE IN IMMEDIATELY. THIS IS A WELL-MAINTAINED PROPERTY DESIGNED FOR EASY UPKEEP AND STEADY RENTAL INCOME. WITH PLENTY OF ON-SITE PARKING AND A SIMPLE LAYOUT, IT IS A GREAT CHOICE FOR ANY INVESTOR. DO NOT MISS OUT ON THIS CLEAN, TURNKEY FOUR-PLEX THAT IS READY TO GO.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 50% |
| Baths | 0.0 | 1.5 | 50% |
| Square foot | 4,992 | 2,804 | 75% |
| Lot Size | 14,550 | 11,060 | 75% |
| Price | $900.0K | $685.0K | 75% |
| Price per sq ft | $180 | $244 | 25% |
| Built year | 1952 | 1952 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 231 | 25% |
Mar 31, 2026
$900,000
Initial Listing
Mar 30, 2021
$599,000
Public Record
Oct 28, 2016
$385,000
Public Record
Oct 20, 2014
$325,000
Public Record
Apr 11, 2014
$230,000
Public Record