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1129 W Rialto, San Bernardino, California 92410, San Bernardino, 92410 - 3 bed, 2 bath

1129 W Rialto, San Bernardino, California 92410 home-pic-0
ACTIVE$474,999
1129 W Rialto, San Bernardino, California 92410
3Beds
2Baths
1,626Sqft
11,200Lot
Year Built
1910
Close
-
List price
$475K
Original List price
$475K
Price/Sqft
$292
HOA
-
Days on market
-
Sold On
-
MLS number
SR25267236
Home ConditionPoor
Features
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $475.0K(50th), sqft - 1626(50th), beds - 3(50th), baths - 2(50th).

Calling all Investors and First time homebuyers!!!Don't miss out on this exceptional opportunity to own a well-maintained 2-unit, residence. The property is ideal for homebuyers who want a comfortable living with the added benefit of rental income or space for extended family! The front house offers a spacious 2-bedroom, 1-bath layout that has an inviting living area and practical kitchen-perfect for being a primary residence. The back unit is a comfortable 1-bedroom, 1 bath, an excellent option for a guest suite, extended family setup, or a private rental. With the property's large lot, it provides ample outdoor space for entertaining, gardening, future expansion, or creating the yard you've always wanted! Located in a convenient, centrally positioned neighborhood close to schools, shopping areas, parks, and major freeways. This property provides comfort, stability, and future potential-all in one! For first-time buyers or those looking for a smart way to step into homeownership, this is an opportunity that offers both a welcoming home and long-term financial benefits. Both units are currently leased through January 2026.

Price History

Date
Event
Price
11/28/25
Listing
$474,999
01/10/11
Sold
$140,000
04/23/10
Sold
$70,000
05/24/07
Sold
$346,500
04/23/02
Sold
$95,000
09/06/01
Sold
$27,000
01/03/01
Sold
$115,297
Condition Rating
Poor
Built in 1910, this property is over a century old. While some areas show basic upkeep like newer flooring in the kitchen, the overall condition of key areas like the kitchen and bathroom is very dated. The kitchen features an older, white freestanding stove and basic cabinets, while the bathroom has a vintage clawfoot tub and appears unrenovated. The MLS analysis explicitly notes the 'Advanced Age of Property' and 'Lack of Explicit Modern Upgrades' for major systems, indicating that substantial rehabilitation and potential replacement of major components (electrical, plumbing, HVAC) will likely be required to meet current safety, efficiency, and aesthetic standards. It is functional but requires significant investment to modernize.
Pros & Cons

Pros

Income-Generating Duplex: The property is a well-maintained 2-unit residence, offering immediate rental income from both units which are currently leased through January 2026, making it attractive for investors or owner-occupants seeking mortgage assistance.
Versatile Living Arrangements: The two separate units (2-bedroom/1-bath front, 1-bedroom/1-bath back) provide flexibility for multi-generational living, guest suites, or continued rental income.
Expansive Lot Size: A generous 11,200 sqft lot offers ample outdoor space for recreation, gardening, and significant potential for future expansion or development.
Convenient Central Location: Situated in a centrally positioned neighborhood, providing easy access to schools, shopping centers, parks, and major freeways.
Broad Buyer Appeal: Positioned as an excellent opportunity for both first-time homebuyers looking to offset costs and seasoned investors seeking a stable income-producing asset.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1626, other record living area = 1158. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Advanced Age of Property: Built in 1910, the property is over a century old, which typically suggests a higher likelihood of requiring significant updates to major systems (plumbing, electrical, HVAC) and potential for deferred maintenance, despite being described as 'well-maintained'.
Long-Term Existing Leases: Both units are leased through January 2026, which, while providing immediate income, restricts an owner-occupant's ability to move in quickly or an investor's flexibility to raise rents or undertake renovations in the short term.
Lack of Explicit Modern Upgrades: While described as 'well-maintained,' the property's 1910 build year and lack of explicit mention of recent major system upgrades (e.g., electrical, plumbing, HVAC, roofing) suggest potential for significant capital expenditures in the near future to modernize or address aging infrastructure.

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