938 E 2nd Street, San Bernardino, California 92408, San Bernardino, 92408 - bed, bath
938 E 2nd Street
San Bernardino, California 92408
Property Price
SUMMARY
Analysis of 938 E 2nd Street, San Bernardino, California 92408 is currently available with a list price of $450,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the San Bernardino Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1978, the property shows a mix of conditions. While some areas have updated laminate flooring and the bathroom features a newer vanity and clean tub/shower, the kitchen is significantly outdated with tiled countertops, older cabinets, and mixed appliances. Popcorn ceilings are present throughout. The exterior stucco appears worn, and the landscaping is minimal. The property is functional and livable but requires substantial updates, particularly in the kitchen, to meet modern standards and improve overall appeal, aligning with the 'fair' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Potential
Explicitly marketed as a 'fantastic investment opportunity' and a 'versatile option for both investors and owner-occupiers,' highlighting its income-generating nature.
- Duplex Configuration
Features two 1-bedroom, 1-bathroom units, providing immediate dual rental income streams and flexibility for an owner-occupier to live in one unit and rent the other.
- Strong Rental Demand
Located in a 'promising area with strong rental demand,' suggesting a high likelihood of consistent occupancy and favorable rental rates.
CONSRISKS & DEFICIENCIES
- Small Unit Size
With a combined 1,206 sqft for two 1-bedroom, 1-bathroom units, each unit is approximately 603 sqft, which is on the smaller side and may limit the tenant pool or rental income potential compared to larger units.
- Age of Property & Undisclosed Updates
Built in 1978, the property's age suggests potential for older systems (HVAC, plumbing, electrical) that may require significant capital expenditures. While 'updated flooring' is mentioned, a lack of detail on other major renovations could be a concern.
- Recent Price History
The current list price of $450,000 is lower than its last sale price of $500,000 in June 2022, which could indicate market adjustments, undisclosed property issues, or a previous overvaluation, warranting further due diligence.
About 938 E 2nd Street
Fantastic investment opportunity in San Bernardino! This duplex features two 1-bedroom, 1-bathroom units, spanning a combined 1,206 sqft of living space. Both units offer functional layouts with plenty of natural light, updated flooring, and room for personal touches. Situated on a spacious lot, this property provides ample parking and outdoor space, with potential for future improvements or expansion. Conveniently located near local amenities, schools, and commuter access, this duplex is a versatile option for both investors and owner-occupiers. Don’t miss the chance to own in a promising area with strong rental demand!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1978
- Lot Size
- 9,400 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1978 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Pricing History
Listed for Sale
Nov 20, 2025
$450,000
Initial Listing
Sold
Jun 1, 2022
$500,000
Public Record
Sold
Jun 23, 2021
$300,000
Public Record