1356 N Sierra Way
San Bernardino, CA 92405
Map
- 4 beds
- 2 baths
- 1,204 sqft
- 6,000 sqft lot
- $373 per sqft
- 1949 build
- – on site
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Welcome to a fantastic investment opportunity in the heart of San Bernardino, Ca. This property strategically situated in a vibrant neighborhood, offers two separate homes on one spacious lot. Each unit features two bedrooms and one bathroom, catering to the needs of small families, couples, or individuals seeking comfortable living space. Property Review: Location:** The duplex is conveniently located in San Bernardino, a city known for its accessibility to major highways, educational institutions, and recreational facilities. **Unit Configuration:** Each unit is comprised of 2 bedrooms and 1 bathroom, designed to provide ample living space. **Garage Facilities:** One of the units has an attached garage, while the other has a detached garage. These extra space offer added convenience and storage options. **Additional Income** The presence of garages provides an excellent opportunity for the building Accessory Dwelling Units (ADUs), enabling landlords to generate additional rental income.**Vacancy and Renovation:** The property is being delivered vacant, presenting an opportunity for investors to renovate and maximize rental potential. The aggressive pricing relative to market value accounts for the work needed to enhance the property's appeal and rental value. **Rental Potential:** In San Bernardino, two-bedroom, one-bathroom properties are in high demand, with rental prices reaching up to $1700 per month. Additionally, one-bedroom units and studios command rents of $1200 and $1000 respectively, reflecting the strong rental market in the area.**Investment Opportunity:** With its strategic location, spacious layout, and potential for additional income through ADU construction, this duplex property presents an attractive investment opportunity for savvy investors and landlords. Investors can capitalize on the growing demand for rental properties in San Bernardino, leveraging the aggressive pricing and renovation potential to maximize long-term returns. The duplex's configuration and proximity to amenities make it an ideal choice for investors seeking to diversify the portfolio or generate passive income from rental properties. In summary, this property offers the perfect blend of affordability, potential for rental income, and strategic location. With the opportunity to renovate and enhance its rental appeal, this property represents a sound investment for those looking to capitalize on the dynamic real estate market in San Bernardino.
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Last updated Apr 1, 2024
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MLS# IV24033721 —
The Building
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Year Built:1949
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Year Built Source:Assessor
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New Construction:No
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Total Number Of Units:2
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Structure Type:Duplex
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Stories Total:1
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Entry Level:1
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Common Walls:No Common Walls
Interior
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Levels:One
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Entry Location:1
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Room Type:Kitchen, Living Room
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Living Area Units:Square Feet
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Living Area Source:Assessor
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Fireplace:No
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Fireplace:None
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Laundry:See Remarks
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Laundry:1
Room Dimensions
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Living Area:1204.00
Location
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Directions:1356 N Sierra Way, San Bernardino, CA 92405-4964,
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Latitude:34.12498300
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Longitude:-117.28549600
The Property
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Property Type:Residential
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Subtype:Duplex
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Lot Features:Rectangular Lot
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Lot Size Area:6000.0000
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Lot Size Acres:0.1377
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Lot Size SqFt:6000.00
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Lot Size Source:Assessor
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View:1
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View:Neighborhood
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Additional Parcels:No
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Land Lease:No
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Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:55.02
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Tax Tract:N/A
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Tax Lot:4
Beds
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Total Bedrooms:4
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Main Level Bedrooms:4
Baths
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Total Baths:2
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Full & Three Quarter Baths:2
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Main Level Baths:2
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Full Baths:2
The Listing
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Special Listing Conditions:Standard
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Parcel Number:0146163160000
Heating & Cooling
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Cooling:Yes
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Cooling:See Remarks
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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High School District:San Bernardino City Unified
The Community
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Features:Curbs
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:Yes
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Assessments:Unknown
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/1/24
Apr 1, 2024
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Sold | CRMLS_CA | $450,000 | 12.5% |
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3/22/24
Mar 22, 2024
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Pending | CRMLS_CA | $400,000 | |
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2/17/24
Feb 17, 2024
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Listed / Active | CRMLS_CA | $400,000 |
