1525 N Arrowhead Avenue, San Bernardino, California 92405, San Bernardino, - bed, bath
ACTIVE$783,900
1525 N Arrowhead Avenue, San Bernardino, California 92405
0Bed
0Bath
3,108Sqft
12,750Lot
Year Built
1939
Close
-
List price
$784K
Original List price
$799K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
MB25096950
Home ConditionFair
Features
View-
About this home
INVESTMENT OPPORTUNITY!! To Acquire this fully Rented Triplex located in north of San Bernardino California near to 215 and 210 freeways, these fantastic properties offer two separates 2 Bedroom 1 Bath UNITS IN TWO STORY COLONIAL STYLE BUILDING, SEPARATELY A SMALL CASITA 1 BEDROOM 1 BATH, WELL MAINTAINED. 3 UNITS SITS ON 12,750 SQUARE FOOT LOT THERE'S A LARGE LOT FOR PARKING. BUT THERE'S MORE! BEHIND THE STRUCTURE IS A 3 CAR GARAGES FOR POSSIBLE FOURTH UNIT OR ADU. DON'T MISS OUT THIS OPPORTUNITY TO OWN THIS WELL MAINTAINED TRIPLEX.... OWNER VERY MOTIVATED!!!
Price History
Date
Event
Price
10/21/25
Price Change
$783,900-0.1%
09/29/25
Price Change
$785,000
05/06/25
Listing
$799,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (4 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 3,108 | 2,472 | 80% |
| Lot Size | 12,750 | 7,500 | 80% |
| Price | $784K | $720K | 80% |
| Price per square foot | $252 | $291 | 20% |
| Built year | 1939 | 1948 | 40% |
| HOA | |||
| Days on market | 182 | 182 | 50% |
Condition Rating
Fair
The property was built in 1939, making it an older structure. While the exterior of the main building appears reasonably maintained, the detached garage/casita shows signs of wear with a boarded-up window and worn siding, and the driveway has visible cracks, indicating some deferred maintenance. Crucially, there are no interior images provided, especially for the kitchen and bathrooms. This strongly suggests that these critical areas are likely outdated in terms of style, features, and appliances, requiring minor to substantial updates to meet current standards. The description 'WELL MAINTAINED' likely refers to functionality and structural soundness rather than modern aesthetics or recent renovations.
Pros & Cons
Pros
Immediate Income Generation: The property is a fully rented triplex, offering immediate and consistent cash flow for an investor from day one.
Significant Development Potential: The presence of a 3-car garage provides a clear opportunity for conversion into a fourth unit or an Accessory Dwelling Unit (ADU), significantly increasing rental income and property value.
Large & Versatile Lot: Sitting on a substantial 12,750 square foot lot, the property offers ample parking space and potential for further expansion, outdoor amenities, or additional development.
Strategic Freeway Access: Its location near the 215 and 210 freeways enhances accessibility for tenants, making it an attractive option for commuters and potentially supporting stable occupancy.
Motivated Seller & Price Flexibility: The explicit mention of a 'very motivated owner' and recent price reductions indicate a strong potential for negotiation, allowing a buyer to acquire the property at a favorable price point.
Cons
Age of Construction: Built in 1939, the property is over 80 years old, which typically implies a higher likelihood of needing ongoing maintenance, system upgrades (e.g., plumbing, electrical), and potential capital expenditures for modernization.
Limited Bathroom Count per Unit: The units are configured with only one bathroom each (two 2-bed/1-bath and one 1-bed/1-bath), which may be less appealing to certain tenant demographics, particularly families, potentially limiting rental income upside or tenant pool.
Potential for Outdated Interiors/Systems: Despite being described as 'well maintained,' an older property often features outdated interior finishes, appliances, and less energy-efficient systems, which could necessitate future investments to remain competitive in the rental market.