1206 W 7th, San Bernardino, California 92411, San Bernardino, - bed, bath

home-pic
ACTIVE$599,000
1206 W 7th, San Bernardino, California 92411
5Beds
2Baths
2,152Sqft
6,100Lot
Year Built
1938
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
GD25236462
Home ConditionPoor
Features
View-

About this home

Two separate houses on the same lot. Ideal property for investors or owner-occupants looking to offset their mortgage with rental income. FHA and zero-down programs welcome. Front home: Approx. 1,002 sq ft, 3 bed / 1 bath. Rear home: Approx. 1,150 sq ft, 2 bed / 1 bath. Each home has its own private front and back yard. Separate gas and electric meters. Both tenants are month-to-month for added flexibility. Current rents are below market rates, presenting a potential opportunity for increased rental income. This is a drive-by only listing—please do not disturb tenants. Call for more exciting details or to discuss financing options.

Price History

Date
Event
Price
10/09/25
Listing
$599,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (10 Listings)
Beds50
18%
Baths20
0%
Square foot2,1521,680
91%
Lot Size6,1006,750
9%
Price$599K$550K
82%
Price per square foot$278$337
45%
Built year19381928
55%
HOA
Days on market27184
9%
Condition Rating
Poor

Built in 1938, this property is 86 years old with no mention of any significant renovations. The absence of interior photos, particularly of kitchens and bathrooms, strongly suggests these areas are severely outdated and likely require substantial repairs and rehabilitation. Major systems (electrical, plumbing, HVAC) are presumed to be very old, necessitating significant investment to meet modern standards. The exterior also shows signs of age and lack of recent updates.
Pros & Cons

Pros

Income-Generating Duplex: The property features two separate houses on one lot, providing immediate rental income potential or an opportunity for an owner-occupant to offset their mortgage.
Value-Add Opportunity: Current rents are below market rates, presenting a clear opportunity for a new owner to increase rental income and maximize return on investment.
Flexible Tenancy: Both tenants are on month-to-month leases, offering flexibility for the new owner to adjust rents, occupy a unit, or implement new tenancy agreements.
Separate Utilities: Each home has its own private gas and electric meters, simplifying utility management and billing for tenants and the landlord.
Broad Financing Appeal: The listing welcomes FHA and zero-down programs, broadening the pool of potential buyers and making the property accessible to a wider market.

Cons

Limited Access for Viewing: The 'drive-by only' instruction and 'do not disturb tenants' policy severely restrict a buyer's ability to thoroughly inspect the interior condition of the homes prior to making an offer.
Age of Property: Built in 1938, the property is likely to require significant updates to systems, infrastructure, and aesthetics, potentially leading to substantial renovation costs.
Potential for Deferred Maintenance: Given the age and tenant-occupied status with limited access, there is an inherent risk of undisclosed or deferred maintenance issues that could require future investment.

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