490 S Pershing Avenue
San Bernardino, CA 92408
- 4 beds
- 4 baths
- 1,848 sqft
- 8,370 sqft lot
- $216 per sqft
- 1933 build
- – on site
Prime Investment Opportunity: 4-Unit Property on Corner Lot off Mill St and Pershing. Situated in a highly desirable location, this 4-unit property offers incredible potential for the savvy investor. 4 units total with parking. Each unit features a spacious 1 bedroom, 1 bathroom layout, and open living spaces. Although it has been vacant for over 2 years, this property presents a unique chance to revitalize and maximize its value by transitioning to COMMERICAL USE since it is Now Zoned Commercial. There are residential properties on one side and commercial on the other side. Please note that units have been taken down to studs/shell and access is limited. Growth potential is much higher as a commercial property once developed The city's preference for commercial establishments in the area further enhances the appeal of this property. Additionally, sufficient parking space is available, ensuring convenience for both tenants and visitors. Don't miss this opportunity to transform this corner lot gem into a thriving commercial property in a sought-after location.
Last checked:
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Last updated Apr 30, 2024
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MLS# CV24080258 —
This home is listed in more than one place. See it here.
Monthly cost estimate
Asking price
$399,999
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,141
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| Taxes | N/A |
| Insurance | $109 |
| Utilities | $178 See report |
| Total | $2,428/mo.* |
| *This is an estimate |
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).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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4/24/24
Apr 24, 2024
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Listed / Active | CRMLS_CA | $399,999 |
45% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $15k above asking price on average, but some went as high as $50k over asking price.