734 Lee, San Bernardino, California 92405, San Bernardino, 92405 - 3 bed, 1 bath
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San Bernardino, California 92405
This High-Potential Investment Opportunity is listed at a List Price of $519,900, positioned well above the $446,763 Fair Market Value. While the property lacks immediate equity, it offers a Condition Rating of 4, providing a functional foundation for value-add renovations. Key features include a large 6,000 sqft lot, central A/C, and a 2-car attached garage. The home is ideal for Buy-and-Hold Investors seeking a stable rental asset or first-time buyers looking to build equity through cosmetic modernization in an established San Bernardino neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 734 Lee Subject | $519,900* List Price | 3 | 1 | 1,044 | $428 | - |
A 3588 N Sierra Way Sold | $485,000 | 3 | 2 | 1,168 | $415 | 0.8 mi |
B 640 W 29th Sold | $408,445 | 2 | 1 | 1,057 | $386 | 0.8 mi |
C 3487 N Arrowhead Sold | $420,000 | 2 | 1 | 962 | $437 | 0.6 mi |
D 3432 N Sierra Way Sold | $450,000 | 2 | 1 | 872 | $516 | 0.8 mi |
E 1222 W Lynwood Sold | $485,000 | 3 | 1 | 1,224 | $396 | 0.9 mi |
F 3175 N Mountain View Sold | $479,000 | 3 | 2 | 1,219 | $393 | 0.8 mi |
G 3612 N Pershing Pending | $419,000 List Price | 2 | 1 | 846 | $495 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950, this home is well-maintained and functional with some updates like central A/C and laminate flooring. However, it remains dated with older bathroom tile, heavy wall textures, and a kitchen/bath aesthetic that appears to be over 20 years old, requiring cosmetic modernization to meet current standards.
The property features a large, flat 6,000 sqft lot with mature landscaping, fruit trees, and a spacious covered patio, offering excellent potential for outdoor entertaining and family activities.
Situated on a charming tree-lined street in an established neighborhood, the home provides convenient proximity to local schools, shopping centers, parks, and major freeway access.
The inclusion of central A/C, a cozy fireplace, and a two-car attached garage provides significant value and comfort rarely found in all homes from this era.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With only one bathroom serving three bedrooms, the layout may present logistical challenges for families or impact future resale value.
At 1,044 square feet, the interior footprint is relatively small for a three-bedroom residence, which may result in tighter bedroom or common area dimensions.
Cozy 3 bedroom home nestled in a desirable, centrally located neighborhood close to schools, shopping, parks, and freeway access. This charming home sits on a mature, tree lined street in an established community. The property features a large private flat lot with mature landscaping that provides ample shade, perfect for family gatherings and creating lasting memories. The backyard also includes a shed, and a spacious patio cover, ideal for outdoor living and entertaining. Inside, the home offers a cozy fireplace, central A/C, and 3 spacious bedrooms. The airy kitchen includes a breakfast nook, perfect for the chef in the family. Additional features include fruit trees, a 2-car attached garage and much more. A must-see opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 38% |
| Square foot | 1,044 | 1,240 | 23% |
| Lot Size | 6,000 | 7,010 | 17% |
| Price | $519.9K | $482.0K | 68% |
| Price per sq ft | $498 | $374 | 88% |
| Built year | 1950 | 1944 | 69% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 171 | 1% |
May 21, 2026
$519,900
Initial Listing
May 12, 2016
$250,000
Public Record
Mar 11, 2011
$120,000
Public Record
Dec 17, 2003
$181,000
Public Record