1206 W 7th Street, San Bernardino, California 92411, San Bernardino, - bed, bath
ACTIVE$629,000
1206 W 7th Street, San Bernardino, California 92411
0Bed
0Bath
2,152Sqft
6,100Lot
Year Built
1938
Close
-
List price
$629K
Original List price
$640K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
GD25161587
Home ConditionPoor
Features
View-
About this home
ideal for investors, or owner-occupants looking to offset their mortgage with rental income. FHA and zero-down programs welc Front home: Approx. 1,002 sq ft, 3 bed / 1 bath. Rear home: Approx. 1,150 sq ft, 3 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 occupants. Call for more exciting details or to discuss financing options.
Price History
Date
Event
Price
08/13/25
Price Change
$629,000
07/17/25
Listing
$640,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (10 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 2,152 | 1,680 | 91% |
| Lot Size | 6,100 | 6,750 | 9% |
| Price | $629K | $550K | 91% |
| Price per square foot | $292 | $337 | 45% |
| Built year | 1938 | 1928 | 55% |
| HOA | |||
| Days on market | 111 | 184 | 36% |
Condition Rating
Poor
The property was built in 1938 and shows significant age on the exterior, including a rusty fence and neglected landscaping. The 'drive-by only' nature of the listing, coupled with the complete absence of interior photos, strongly indicates that the interior is in a condition requiring substantial repairs and rehabilitation. Without any mention of recent renovations, it's highly probable that major systems (electrical, plumbing, HVAC) are original or very old, necessitating significant updates to meet modern standards and comfort.
Pros & Cons
Pros
Strong Income Potential: This duplex configuration with two separate units is ideal for investors or owner-occupants seeking to offset their mortgage with rental income.
Value-Add Opportunity: Current rents are explicitly stated as below market rates, presenting an immediate opportunity for increased rental income and improved cash flow.
Operational Efficiency: Separate gas and electric meters for each unit simplify tenant billing and management, reducing landlord overhead and potential disputes.
Tenant Flexibility: Both tenants are on month-to-month leases, providing the new owner with immediate flexibility to adjust rents, occupy a unit, or implement property improvements.
Enhanced Tenant Appeal: Each home boasts its own private front and back yard, a desirable amenity that can attract quality tenants and potentially command higher rents.
Cons
Restricted Access: The 'drive-by only' status severely limits buyer due diligence, preventing interior inspections and potentially masking unseen issues or deferred maintenance.
Age of Property: Built in 1938, the property is older, suggesting potential for outdated systems, deferred maintenance, and the need for significant capital expenditures for upgrades or repairs.
Uncertain Interior Condition: Due to the lack of interior access, the exact condition of the units is unknown, posing a significant risk regarding necessary repairs or renovations post-purchase.