
San Bernardino, California 92410
This Value-Add Residential Asset is listed at $369,000, located within the San Bernardino City Unified district. While the $332,298 Fair Market Value reflects the property's current Condition Rating of 5, the site offers substantial upside via a 6,750 sqft lot and an additional unpermitted rear unit. The 1937-built main structure requires a comprehensive interior renovation and system overhauls to realize its full income potential. This acquisition represents a strategic play for forced appreciation, perfectly suited for Fix-and-Flip Investors or Contractors looking to capitalize on high rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8030 Cooley Street Subject | $310,000* List Price | 2 | 1 | 672 | $472 | - |
A 188 E Temple Street Sold | $360,000 | 2 | 1 | 768 | $469 | 0.8 mi |
B 255 E Kingman Street Active | $399,000 List Price | 2 | 1 | 672 | $594 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1937 and marketed specifically as an investor opportunity, this property shows significant signs of age and deferred maintenance. The exterior appears weathered, and the presence of an unpermitted rear unit combined with the very small 672 sqft main structure suggests the need for a full interior renovation, system overhauls, and potential code corrections.
Marketed specifically as an investor opportunity, this property offers significant value-add potential through renovation or redevelopment in a growing area.
The presence of a secondary unit in the rear provides a unique opportunity for rental income or multi-generational living, maximizing the property's utility.
The 6,750 square foot lot offers ample outdoor space and provides sufficient room for future expansions or the development of a formal Accessory Dwelling Unit (ADU).
The rear unit is unpermitted, which may complicate traditional financing options and could lead to potential code enforcement issues or additional costs to legalize the structure.
At only 672 square feet for a two-bedroom configuration, the interior living area is quite constrained, which may limit appeal for families or owner-occupants seeking more space.
Wonderful opportunity for invesetors. Additional unpermitted unit in rear of property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 16% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 672 | 1,215 | 5% |
| Lot Size | 6,750 | 7,230 | 30% |
| Price | $310.0K | $489.0K | 5% |
| Price per sq ft | $461 | $385 | 85% |
| Built year | 1937 | 1955 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 196 | 2% |
Mar 27, 2026
$310,000
$359,000
-14% Price Drop
Initial Listing
Mar 21, 2026
$359,000
$369,000
-3% Price Drop
Initial Listing
Mar 12, 2026
$369,000
Initial Listing
Aug 2, 2021
$275,000
Public Record
Jul 28, 2010
$77,000
Public Record
Jul 2, 2008
$66,500
Public Record