796 N Mount Vernon Avenue, San Bernardino, California 92411, San Bernardino, 92411 - bed, bath
ACTIVE$695,500
796 N Mount Vernon Avenue, San Bernardino, California 92411
0Bed
0Bath
1,992Sqft
6,900Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Mixed-Use Investment Opportunity: The property offers a unique dual-income potential with a residential unit and a commercial office space, ideal for investors or owner-operators.
Top Cons:
Property Age: Built in 1952, the property is over 70 years old, which may lead to concerns about underlying infrastructure (plumbing, electrical, roof) despite recent cosmetic updates.
Compared to the nearby listings
Price:$695.5K vs avg $680.2K (+$15,250)50%
Size:1,992 sqft vs avg 4,156 sqft50%
Price/sqft:$349 vs avg $22750%
More Insights
Built in 1952 (73 years old).
Condition: Despite being built in 1952, the property has undergone extensive recent renovations. The listing explicitly states 'newly painted interior/exterior,' 'new appliances (stove, refrigerator, dishwasher),' and a 'new AC unit.' The images confirm a modern, updated aesthetic throughout, with new hardwood-style flooring, recessed lighting, and a fully renovated kitchen featuring white shaker cabinets, modern countertops, and new stainless steel appliances. The overall condition appears virtually new and move-in ready, meeting current quality standards, aligning with the 'excellent' criteria for properties extensively renovated within 5 years.
Year Built
1952
Close
-
List price
$696K
Original List price
$595K
Price/Sqft
$349
HOA
-
Days on market
-
Sold On
-
MLS number
IN25141303
Home ConditionExcellent
Features
Patio
View-
About this home
GREAT OPPORTUNITY 2 UNITS (1) SINGLE FAMILY RESIDENCE 3 BEDROOMS 1 BATHROOM, NEWLY PAINTED INTERIOR/EXTERIOR, NEW APPLIANCES STOVE, REFRIGERATOR, DISHWASHER, NEW AC UNIT. (Owner is on the process of adding a 3rd bedroom for more convenience financing) (2)OFFICE PERFECT LOCATION ON BUSY STREET, NEWLY PAINTED INTERIOR/EXTERIOR. BRING YOUR BUSINESS OWNER CLIENTS AND LETS OPEN ESCROW. !!!!!
Condition Rating
Excellent
Despite being built in 1952, the property has undergone extensive recent renovations. The listing explicitly states 'newly painted interior/exterior,' 'new appliances (stove, refrigerator, dishwasher),' and a 'new AC unit.' The images confirm a modern, updated aesthetic throughout, with new hardwood-style flooring, recessed lighting, and a fully renovated kitchen featuring white shaker cabinets, modern countertops, and new stainless steel appliances. The overall condition appears virtually new and move-in ready, meeting current quality standards, aligning with the 'excellent' criteria for properties extensively renovated within 5 years.
Pros & Cons
Pros
Mixed-Use Investment Opportunity: The property offers a unique dual-income potential with a residential unit and a commercial office space, ideal for investors or owner-operators.
Prime Commercial Location: The office unit is strategically located on a 'busy street,' providing excellent visibility and accessibility for businesses.
Recent Residential Upgrades: The single-family residence benefits from newly painted interior/exterior, new appliances (stove, refrigerator, dishwasher), and a new AC unit, reducing immediate tenant/owner expenses.
Ongoing Value-Add Potential: The owner is in the process of adding a third bedroom to the residential unit, which can enhance its marketability and potential rental income.
Updated Commercial Space: The office unit has also been newly painted interior/exterior, presenting a fresh and ready-to-use space for a business.
Cons
Property Age: Built in 1952, the property is over 70 years old, which may lead to concerns about underlying infrastructure (plumbing, electrical, roof) despite recent cosmetic updates.
Limited Residential Bathroom: The residential unit has 3 bedrooms but only 1 bathroom, which can be inconvenient for families or multiple occupants and may limit its appeal.
Significant Price Increase: The list price has seen a substantial increase from $595,000 to $695,500, which might require justification and could impact buyer perception or market competitiveness.