1202 W 11th, San Bernardino, California 92411, San Bernardino, - bed, bath
ACTIVE UNDER CONTRACT$349,000
1202 W 11th, San Bernardino, California 92411
2Beds
1Bath
834Sqft
6,732Lot
Year Built
1947
Close
-
List price
$349K
Original List price
$349K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IG25231836
Home ConditionPoor
Features
ViewNeighborhood
About this home
2bd 1bth home on a corner lot with lots of potential! Original oak flooring in living room and bedrooms. Partially remodeled bathroom. Detached one car garage is ideal to convert to an ADU. This property will not go FHA and will likely not go conventional. Cash or hard money will likely be the only option.
Price History
Date
Event
Price
10/03/25
Listing
$349,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (62 Listings) | |
|---|---|---|---|
| Beds | 2 | 3 | 27% |
| Baths | 1 | 2 | 44% |
| Square foot | 834 | 1,096 | 22% |
| Lot Size | 6,732 | 6,864 | 43% |
| Price | $349K | $445K | 14% |
| Price per square foot | $418 | $404 | 54% |
| Built year | 1947 | 1951 | 33% |
| HOA | |||
| Days on market | 33 | 133 | 2% |
Condition Rating
Poor
Built in 1947, this property is over 75 years old and explicitly stated to not qualify for FHA or conventional loans, indicating significant underlying issues requiring cash or hard money. The kitchen is severely outdated with old cabinets, worn countertops, and no modern appliances, necessitating a full renovation. The bedroom image shows visible ceiling damage/discoloration, suggesting potential water or structural problems. The exterior is neglected with worn stucco and an unkempt yard. Overall, the property requires substantial repairs and rehabilitation to be brought to a livable and financeable standard.
Pros & Cons
Pros
Corner Lot Advantage: The property is situated on a corner lot, which typically offers more privacy, natural light, and potentially greater curb appeal.
ADU Conversion Potential: The detached one-car garage presents an ideal opportunity for conversion into an Accessory Dwelling Unit (ADU), significantly increasing property value and potential rental income.
Original Character: Features original oak flooring in the living room and bedrooms, adding classic charm and durability that can be a desirable asset.
Partial Bathroom Update: The bathroom has been partially remodeled, indicating some modern updates have already been initiated, reducing immediate renovation needs in that area.
Value-Add Opportunity: Explicitly described as having 'lots of potential,' this property is well-suited for investors or owner-occupants looking to add significant value through renovation and customization.
Cons
Limited Financing Options: The property will not qualify for FHA or conventional loans, restricting the buyer pool primarily to cash or hard money investors.
Significant Renovation Required: Despite some updates, the property's age (1947) and 'potential' suggest substantial renovation and capital investment will be necessary to modernize and maximize its appeal.
Listing Price vs. Estimation: The current listing price is 6% above the property's estimated value, which may make it appear overpriced given the required renovations and financing limitations.