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741 Niles Street, San Bernardino, California 92404, San Bernardino, 92404 - 3 bed, 2 bath

741 Niles Street, San Bernardino, California 92404 home-pic-0
ACTIVE$410,000$1,288/sqft
Est. Value: $434,991
6%
BelowEstimate
741 Niles Street, San Bernardino, California 92404
3Beds
2Baths
1,288Sqft
6,900Lot

Price Vs. Estimate

The estimated value ($434,991.375) is $24,991.375 (6%) higher than the list price ($410,000). This property may be underpriced.

Key pros and cons

Top Pros:
Recent Major Upgrades: The property benefits from a new roof and an upgraded electrical panel, addressing significant maintenance concerns and providing a solid foundation for future improvements.
Top Cons:
Extensive Renovation Required: Explicitly marketed towards 'investors and project doers' and needing a 'make-over,' the property requires significant cosmetic and functional updates throughout, particularly in the kitchen.

Compared to the nearby listings

Price:$410.0K vs avg $500.0K ($-90,000)15%
Size:1,288 sqft vs avg 1,365 sqft43%
Price/sqft:$318 vs avg $36230%

More Insights

Built in 1952 (74 years old).
Condition: Built in 1952, the property has received significant recent updates including a new roof and an upgraded electrical panel, indicating good structural 'bones' and addressing major system concerns. However, the interior, particularly the kitchen with its 'oak cabinetry' and need for 'countertops to complete its look,' is explicitly described as requiring a 'make-over' and a 'personal touch.' While functional, the interior finishes are outdated and require substantial cosmetic renovation to meet current standards. The primary bathroom description also suggests an older style. This aligns with a 'Fair' condition, as it's aged but maintained, with major components functional but showing signs of being outdated, requiring more than minor updates for modern living but not substantial repairs due to safety or structural defects.
Year Built
1952
Close
-
List price
$410K
Original List price
$410K
Price/Sqft
$318
HOA
-
Days on market
-
Sold On
-
MLS number
SR26002736
Home ConditionFair
Features
ViewTrees/Woods

About this home

NEW ROOF, UPGRADED ELECTRICAL PANEL, DETACHED 2-CAR GARAGE. Calling all investors and project doers. This beautiful home is nestled on a treelined street and in a great location with endless possibilities. As soon as you lay your eyes on it, you’ll immediately recognize the true potential this home has. Here are just a few of its many other features: Its Lush landscaping, mature trees, and shrubbery, enhance its eye-catching curb appeal. Front door swings open to a flowing 1,288 square foot open concept floor plan that is ready for your personal touch. This home has great "Bones" on a raised foundation with some great touches. Tile in the kitchen, dining room, hallway, bathrooms, and laundry room. Carpet is located in the living room, hallway, and bedrooms. Oak cabinetry in the kitchen with direct access to backyard. The kitchen is a great space that can be easily upgraded with countertops to complete it's look. With it's abundance of cabinetry and counter space, you have a great environment for all your baking and cooking needs. Entertaining guests is easy with the adjoining dining room and family room that is equipped with a wood-burning fireplace. The home is designed for easy living, with spacious rooms. This home has a total of 3 bedrooms. The huge grand suite has a lighted ceiling fan and a sumptuously appointed primary bathroom with single sink, mirrored vanity, stand-up shower. a total of 2 full bathrooms; Step outside into your private backyard oasis. The large 6,900 square foot lot offers plenty of space for activities with a detached 2 car garage that can easily be converted into another home. You’re going to appreciate the backyard’s tall privacy fencing, beautiful landscaping, and plenty of secure off street parking. Located close to St. Bernardine's Hospital, Parks, shopping, and the 210 freeway. With no HOA and one of the lowest tax rates in the area, this home welcomes all buyers looking to give it a make-over.

B
Brent Blay
Listing Agent

Price History

Date
Event
Price
02/25/94
Sold
$84,500
Condition Rating
Fair
Built in 1952, the property has received significant recent updates including a new roof and an upgraded electrical panel, indicating good structural 'bones' and addressing major system concerns. However, the interior, particularly the kitchen with its 'oak cabinetry' and need for 'countertops to complete its look,' is explicitly described as requiring a 'make-over' and a 'personal touch.' While functional, the interior finishes are outdated and require substantial cosmetic renovation to meet current standards. The primary bathroom description also suggests an older style. This aligns with a 'Fair' condition, as it's aged but maintained, with major components functional but showing signs of being outdated, requiring more than minor updates for modern living but not substantial repairs due to safety or structural defects.
Pros & Cons

Pros

Recent Major Upgrades: The property benefits from a new roof and an upgraded electrical panel, addressing significant maintenance concerns and providing a solid foundation for future improvements.
Prime Location & Accessibility: Conveniently located close to St. Bernardine's Hospital, parks, shopping, and the 210 freeway, offering excellent accessibility to essential amenities and transportation.
ADU Potential: The detached 2-car garage presents a significant opportunity for conversion into an Accessory Dwelling Unit (ADU), adding substantial value and potential rental income.
Strong Curb Appeal & Outdoor Living: Features lush landscaping, mature trees, tall privacy fencing, and a spacious 6,900 sqft lot, creating an attractive exterior and ample private outdoor space.
Low Ownership Costs: The absence of HOA fees and one of the lowest tax rates in the area contribute to more affordable long-term ownership.

Cons

Extensive Renovation Required: Explicitly marketed towards 'investors and project doers' and needing a 'make-over,' the property requires significant cosmetic and functional updates throughout, particularly in the kitchen.
Dated Interior Finishes: Despite some recent upgrades, the 1952 build year and descriptions of 'oak cabinetry' and mixed flooring suggest many interior finishes are dated and will require modernization to meet contemporary standards.
Potential for Unforeseen Costs: As an older home requiring a 'make-over,' there is an inherent risk of uncovering additional, unforeseen repair or upgrade costs during the renovation process.
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