938 E 2nd Street, San Bernardino, California 92408, San Bernardino, 92408 - bed, bath

938 E 2nd Street, San Bernardino, California 92408 home-pic-0
ACTIVE$450,000
938 E 2nd Street, San Bernardino, California 92408
0Bed
0Bath
1,206Sqft
9,400Lot
Year Built
1978
Close
-
List price
$450K
Original List price
$450K
Price/Sqft
$373
HOA
-
Days on market
-
Sold On
-
MLS number
GD25263683
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $450.0K(50th), sqft - 1206(50th), beds - undefined(50th), baths - undefined(50th).

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!

Price History

Date
Event
Price
11/20/25
Listing
$450,000
06/01/22
Sold
$500,000
06/23/21
Sold
$300,000
Condition Rating
Poor

Built in 1978, this property shows significant signs of age and deferred maintenance in key areas. While some flooring has been updated to laminate, the kitchen features very dated tiled countertops, old cabinets with visible wear, and older vinyl flooring, requiring substantial rehabilitation. Bathrooms are likely in a similar condition, though not fully pictured. Other dated elements include popcorn ceilings and old light fixtures throughout. The property's age suggests major systems (plumbing, electrical, original HVAC, roof) are likely at or past their expected lifespan, as noted in the property analysis, and will require significant capital expenditure. Although functional, the property needs extensive cosmetic and potential system upgrades to meet modern standards or even a good rental quality.
Pros & Cons

Pros

Income-Generating Duplex: The property features two 1-bedroom, 1-bathroom units, offering immediate rental income potential and making it an attractive option for investors or owner-occupiers seeking supplementary income.
Strong Rental Market: Located in a 'promising area with strong rental demand,' indicating a favorable environment for consistent occupancy and potential for rent growth.
Spacious Lot with Expansion Potential: Situated on a generous lot, providing ample parking, outdoor space, and significant potential for future improvements or expansion, adding long-term value.
Functional Units with Recent Updates: Both units offer functional layouts with plenty of natural light and updated flooring, providing a decent baseline condition for tenants.
Convenient Location: The property is conveniently located near local amenities, schools, and commuter access, enhancing its appeal to potential tenants.

Cons

Age of Property & Potential System Updates: Built in 1978, the property may have original or aging major systems (e.g., plumbing, electrical, HVAC, roof) that could require significant capital expenditure in the near future, beyond the mentioned updated flooring.
Limited Unit Footprint: With a combined 1,206 sqft for two 1-bedroom units, each unit is relatively small (approximately 603 sqft), which might limit the tenant demographic or rental income potential compared to larger units.
Unspecified Condition Beyond Flooring: While flooring is updated, the description mentions 'room for personal touches,' suggesting other areas may require cosmetic or functional upgrades to maximize appeal and rental value, implying potential deferred maintenance or dated features.

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