1235 Spruce Street, San Bernardino, California 92411, San Bernardino, - bed, bath

home-pic
ACTIVE$590,000
1235 Spruce Street, San Bernardino, California 92411
4Beds
2Baths
1,292Sqft
6,750Lot
Year Built
1900
Close
-
List price
$590K
Original List price
$590K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
CV25168924
Home ConditionGood
Features
Patio
View-

About this home

BEAUTIFULLY RENOVATED Fresh and back to the market!!! INVESTOR FRIENDLY Multi-Family Home with ADU-Turnkey & Move-in-Ready! Close to schools, shopping centers and restaurants. This newly renovated multi-family property offers a total of 3 bedrooms and 1 bathroom in the front house boasting 816 sq ft plus a fully equipped 1bedroom, 1 bathroom ADU in the back-complete, with its own kitchen and living room, boasting 476sqft for a total of 1292 sq ft of living space on a generous 6,750 sq ft lot. This home is perfect for a multi-generational living or rental income potential. Upgrades includes upgraded electrical panels, recess lighting, new siding, new hardwood Vinyl waterproof floors throughout, quartz countertops, fresh interior and exterior paint, new windows, new roof, new electrical and plumbing, new doors, and new cabinets. Both the main house and the ADU feature modern mini split units for year- round comfort. Don't miss this opportunity to own a turnkey property with endless possibilities! Each unit is thoughtfully designed for comfortable living, with great rental opportunities. The property delivers an attractive cap rate, making it a strong addition to any investor’s portfolio. Whether you're looking to expand your real estate holdings or start with a solid multi-family investment this income generating gem checks all boxes, *FRONT HOUSE address 1235* *ADU address 1237*

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (10 Listings)
Beds40
0%
Baths20
0%
Square foot1,2921,680
27%
Lot Size6,7506,750
50%
Price$590K$550K
82%
Price per square foot$457$339
91%
Built year19001927
18%
HOA
Days on market101184
27%
Condition Rating
Good

The property, built in 1900, has been beautifully renovated. The description mentions upgrades to electrical, plumbing, roof, windows, flooring, and includes new kitchens and bathrooms in both the main house and ADU. The images confirm these renovations, showing modern kitchens with quartz countertops and updated bathrooms. While the original structure is old, the extensive renovations bring it to a 'good' condition, move-in ready with no immediate renovation required.
Pros & Cons

Pros

Income Potential: The property features a main house and a fully equipped ADU, offering excellent rental income opportunities.
Recent Renovation: The property has been beautifully renovated with new siding, flooring, countertops, paint, windows, roof, electrical, plumbing, doors, and cabinets.
Turnkey Condition: The property is move-in ready, requiring no immediate repairs or upgrades, making it attractive to both investors and homeowners.
Mini-Split Units: Both the main house and ADU are equipped with modern mini-split units, providing efficient heating and cooling for year-round comfort.
Multi-Generational Living: The layout is ideal for multi-generational living, offering separate living spaces for different family members.

Cons

Year Built: Built in 1900, the property may have underlying structural issues common in older homes, despite recent renovations.
Lot Size: While the lot size is a decent 6,750 sq ft, it may not be large enough for extensive outdoor activities or future expansion.
Location: The property is located in San Bernardino, which may have concerns about crime rates and school quality compared to other areas.

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