771 San Jacinto Street, San Bernardino, California 92408, San Bernardino, 92408 - 3 bed, 2 bath
ACTIVE$899,999
771 San Jacinto Street, San Bernardino, California 92408
3Beds
2Baths
1,225Sqft
29,640Lot
Price Vs. Estimate
The estimated value ($899,999) is $0 (0%) lower than the list price ($899,999). This property may be overpriced.
Key pros and cons
Top Pros:
Versatile Commercial/Industrial Use: Explicitly marketed for a wide range of industrial and commercial applications including outdoor storage, parking, contractor's yard, and trucking facility.
Top Cons:
Zoning & Permitting Discrepancy: Listed as a 'Residential' single-family home, yet marketed for industrial/commercial uses, which will likely require a zoning change or Conditional Use Permit (CUP), adding complexity and cost.
Compared to the nearby listings
Price:$900.0K vs avg $505.0K (+$394,999)95%
Size:1,225 sqft vs avg 1,246 sqft50%
Price/sqft:$735 vs avg $38295%
More Insights
Built in 1959 (66 years old).
Condition: The property was built in 1959, making it 65 years old. The MLS description explicitly markets the property for 'Industrial Outdoor Storage and Commercial Ventures' and makes no mention of the residential structure's condition or features (kitchen, bathrooms, etc.). All provided images are aerial views, focusing on the large lot and its commercial/industrial surroundings, with no interior photos whatsoever. This strongly suggests the value is solely in the land for commercial redevelopment, and the existing residential structure is likely considered unlivable, beyond repair for residential use, or intended for demolition to facilitate the commercial purpose. The lack of any residential details or interior views is a clear indicator that the house itself is not considered a functional asset.
Year Built
1959
Close
-
List price
$900K
Original List price
$1,000K
Price/Sqft
$735
HOA
-
Days on market
-
Sold On
-
MLS number
CV25158862
Home ConditionTear down
Features
Good View: Neighborhood
ViewNeighborhood
About this home
Prime Opportunity for Industrial Outdoor Storage and Commercial Ventures! This exceptional property is ideal for various industrial and commercial uses, including: - Industrial Outdoor Storage - Commercial Parking Lot - Contractor's Yard - Trucking Facility Why Choose This Property? - Versatile Usage: Perfect for a wide range of industrial and commercial applications. - Strategic Location: Conveniently situated in San Bernardino, providing excellent access and visibility. Note: Please verify all potential uses with the City of San Bernardino for Conditional Use Permit (CUP) requirements. Explore the endless possibilities for your business at this prime location. Contact us today to learn more!
Condition Rating
Tear down
The property was built in 1959, making it 65 years old. The MLS description explicitly markets the property for 'Industrial Outdoor Storage and Commercial Ventures' and makes no mention of the residential structure's condition or features (kitchen, bathrooms, etc.). All provided images are aerial views, focusing on the large lot and its commercial/industrial surroundings, with no interior photos whatsoever. This strongly suggests the value is solely in the land for commercial redevelopment, and the existing residential structure is likely considered unlivable, beyond repair for residential use, or intended for demolition to facilitate the commercial purpose. The lack of any residential details or interior views is a clear indicator that the house itself is not considered a functional asset.
Pros & Cons
Pros
Versatile Commercial/Industrial Use: Explicitly marketed for a wide range of industrial and commercial applications including outdoor storage, parking, contractor's yard, and trucking facility.
Strategic Location: Conveniently situated in San Bernardino, offering excellent access and visibility crucial for business operations.
Substantial Lot Size: Features a large 29,640 sqft lot, providing ample space for various commercial or industrial developments and operations.
Recent Price Adjustment: A significant price reduction from $999,999 to $899,999 makes the property more attractive and competitive in the current market.
Development Potential: The large lot and commercial marketing suggest strong potential for significant business development or expansion, leveraging the land's utility.
Cons
Zoning & Permitting Discrepancy: Listed as a 'Residential' single-family home, yet marketed for industrial/commercial uses, which will likely require a zoning change or Conditional Use Permit (CUP), adding complexity and cost.
Age of Residential Structure: Built in 1959, the existing residential structure is over 60 years old, potentially requiring significant renovation, demolition, or not being suitable for the intended commercial use.
Price History & Market Perception: The recent $100,000 price drop indicates the property may have been initially overpriced or faced challenges in attracting buyers at its original asking price.