1025 N Tippecanoe Avenue 222, San Bernardino, California 92410, San Bernardino, - bed, bath
ACTIVE UNDER CONTRACT$155,000
1025 N Tippecanoe Avenue 222, San Bernardino, California 92410
1Bed
1Bath
708Sqft
708Lot
Year Built
1987
Close
-
List price
$155K
Original List price
$180K
Price/Sqft
-
HOA
$324
Days on market
-
Sold On
-
MLS number
IG25149590
Home ConditionFair
Features
Good View: Mountain(s), Neighborhood
ViewMountain(s), Neighborhood
About this home
Looking for a cash cow. Look no more. This 1 bedroom/1 bath will pay itself, if you are looking to buy your first investment property. And if you are looking for your first home, this is it. The complex is gated and situated close to schools, shopping centers and freeways. It is priced to sell quick. The condo is tucked away from the busy downtown area. All offers will be considered.
Price History
Date
Event
Price
10/09/25
Price Change
$155,000-8.8%
09/12/25
Price Change
$170,000-5.6%
07/03/25
Listing
$180,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (4 Listings) | |
|---|---|---|---|
| Beds | 1 | 3 | 40% |
| Baths | 1 | 2 | 40% |
| Square foot | 708 | 1,261 | 40% |
| Lot Size | 708 | 1,261 | 40% |
| Price | $155K | $290K | 20% |
| Price per square foot | $219 | $230 | 40% |
| Built year | 1987 | 1987 | 50% |
| HOA | $324 | $324 | 50% |
| Days on market | 125 | 216 | 20% |
Condition Rating
Fair
Built in 1987, this property is 37 years old and shows no signs of major renovations since construction. The kitchen features outdated white cabinets, laminate countertops, and older appliances, while the bathroom has a basic, dated fiberglass tub/shower combo and old linoleum flooring. The living areas have laminate flooring, and the bedroom has worn carpet. The property is functional and livable, but requires substantial cosmetic updates, including fresh paint throughout and a complete overhaul of the kitchen and bathroom, to meet modern standards.
Pros & Cons
Pros
Attractive Price Point: Currently listed at $155,000 after multiple price reductions, making it a highly competitive and accessible option for first-time buyers or investors looking for value.
Investment Potential: Explicitly marketed as a 'cash cow' and ideal 'first investment property,' suggesting strong rental income potential and a quick return on investment.
Gated Community Security: The complex is gated, providing an added layer of security and privacy for residents, which is a desirable feature for many buyers.
Convenient Location: Strategically located close to schools, shopping centers, and freeways, offering easy access to essential amenities and transportation routes.
Peaceful Environment: Positioned away from the bustling downtown area, offering a quieter and more serene living environment while still being close to urban conveniences.
Cons
High Association Fee: The $324.0 monthly association fee is relatively high for a 1-bedroom unit at this price point, which could impact affordability and investment returns.
Limited Living Space: With only 1 bedroom and 708 sqft, the property offers limited living space, which may not be suitable for families or individuals requiring more room.
Significant Price Reductions: The property has undergone multiple price drops from $180,000 to $155,000, which could indicate initial overpricing or market resistance, potentially raising buyer concerns.