1206 W 7th Street, San Bernardino, California 92411, San Bernardino, - bed, bath
ACTIVE$630,000
1206 W 7th Street, San Bernardino, California 92411
0Bed
0Bath
2,152Sqft
6,100Lot
Year Built
1938
Close
-
List price
$630K
Original List price
$680K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
GD25187736
Home ConditionPoor
Features
View-
About this home
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, 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
09/13/25
Price Change
$630,000-7.4%
08/19/25
Listing
$680,000
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 | $630K | $550K | 91% |
| Price per square foot | $293 | $337 | 45% |
| Built year | 1938 | 1928 | 55% |
| HOA | |||
| Days on market | 78 | 184 | 18% |
Condition Rating
Poor
The property was built in 1938, making it 86 years old, with no mention of any significant renovations. The 'drive-by only' instruction and complete absence of interior photos strongly suggest that the interior is in poor condition, likely requiring substantial repairs and rehabilitation, especially in key areas like the kitchen and bathrooms. The description also notes 'current rents are below market rates,' further indicating outdated features and a need for significant updates to meet modern standards and maximize value. The exterior, while not dilapidated, shows signs of age and lack of recent maintenance, consistent with a property needing major work.
Pros & Cons
Pros
Income-Generating Duplex: The property is a duplex, ideal for investors or owner-occupants seeking to offset mortgage costs with rental income from two separate units.
Value-Add Opportunity: Current rents are below market rates, presenting a clear opportunity for a new owner to increase rental income and boost cash flow.
Flexible Tenancy: Both tenants are on month-to-month leases, offering the new owner flexibility for rent adjustments, unit occupancy, or future renovations.
Separate Utilities: Each unit benefits from separate gas and electric meters, simplifying utility management and billing for the landlord.
Broad Financing Appeal: The property welcomes FHA and zero-down programs, significantly expanding the pool of potential buyers.
Cons
Limited Access for Inspection: The listing is 'drive-by only,' severely restricting a buyer's ability to conduct thorough interior inspections and due diligence before purchase.
Age of Property: Built in 1938, the property is older, which may imply potential for outdated systems (plumbing, electrical) and higher maintenance requirements.
Unknown Interior Condition: Due to the 'drive-by only' nature, the interior condition of both units is unknown, posing a risk of unforeseen repair or renovation costs.