938 E 2nd Street, San Bernardino, California 92408, San Bernardino, 92408 - 0 bed, 0 bath
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San Bernardino, California 92408
This duplex presents a High-Potential Investment Opportunity with a List Price of $499,000—positioned above the $473,500 Fair Market Value by 5%. While currently priced at a premium, the property offers significant upside through its 9,400 sqft lot, which provides ample space for an ADU addition to maximize rental income. Featuring a Condition Rating of 5, the asset requires a comprehensive rehab to address aging infrastructure. This is a strategic acquisition ideal for Buy-and-Hold Investors or Owner-Occupants looking to house-hack while building long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 938 E 2nd Street Subject | $499,000* List Price | 0 | 0 | 1,206 | $393 | - |
A 938 E 2nd Street Active | $450,000 List Price | 0 | 0 | 1,206 | $373 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1978 (46 years old) with no evidence of a full renovation. While the listing mentions updated flooring, the kitchen is severely dated with worn cabinetry, old tile countertops, and aging fixtures. The exterior stucco and overall site condition suggest the property requires a comprehensive rehab to address long-term deferred maintenance.
The oversized 9,400 sqft lot provides ample space for parking, outdoor amenities, or the potential addition of an Accessory Dwelling Unit (ADU) to maximize rental income.
As a duplex featuring two separate 1-bedroom units, the property offers a versatile investment for house-hacking owner-occupiers or investors seeking consistent cash flow in a high-demand rental market.
The units feature updated flooring and functional, light-filled layouts, reducing the need for immediate capital expenditures and allowing for quicker tenant placement.
The 1-bedroom, 1-bathroom configuration for both units may limit the appeal to singles or couples, potentially excluding larger families and reducing the overall pool of prospective tenants.
Built in 1978, the property may soon require updates to major systems such as roofing, plumbing, or electrical to maintain modern safety and efficiency standards.
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!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,206 | 2,580 |
| Lot Size | 9,400 | 10,617 |
| Price | $499.0K | $618.7K |
| Price per sq ft | $414 | $295 |
| Built year | 1978 | 1955 |
| HOA | $0 | $0 |
| Days on market | 21 | 102 |
Jul 1, 2026
$499,000
Initial Listing
Jun 1, 2022
$500,000
Public Record
Jun 23, 2021
$300,000
Public Record