1940 W Base Line Street, San Bernardino, California 92411, San Bernardino, - bed, bath

home-pic
ACTIVE$850,000
1940 W Base Line Street, San Bernardino, California 92411
3Beds
1Bath
1,144Sqft
47,190Lot
Year Built
1930
Close
-
List price
$850K
Original List price
$798K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IV25104739
Home ConditionPoor
Features
View-

About this home

Investor opportunity: This 1.08-acre tenant-occupied, income-generating residential property on a commercial lot at 1940 W Base Line St in San Bernardino offers exceptional visibility on a busy main street with General Commercial zoning, providing immediate cash flow from a leased 3-bedroom, 1-bath structure. Strategically located near major transportation hubs and surrounded by thriving businesses, it benefits from strong foot and vehicle traffic. The area boasts popular attractions such as the San Bernardino County Museum, Historic Downtown, Glen Helen Regional Park and Amphitheater, San Manuel Stadium, and Route 66 landmarks like the McDonald's Museum and Wigwam Motel, all driving consistent visitor activity. General Commercial zoning allows for a wide variety of future uses, including retail, office, medical, dining, logistics, or mixed-use development, and supports both local and regional-serving businesses. With San Bernardino’s ongoing downtown revitalization, new city initiatives, and increased investment in commercial corridors, this property is perfectly positioned to capitalize on the city’s growing economic activity and demand for commercial space. This is a rare chance to acquire a high-exposure, income-producing asset in a vibrant, opportunity-rich market-contact us today to explore the possibilities!

Price History

Date
Event
Price
08/02/25
$850,000
05/16/25
$798,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (62 Listings)
Beds33
50%
Baths12
44%
Square foot1,1441,100
62%
Lot Size47,1906,890
98%
Price$850K$445K
98%
Price per square foot$743$404
98%
Built year19301951
22%
HOA
Days on market174143
62%
Condition Rating
Poor

The property was built in 1930, making it 94 years old. There is no mention of any significant renovations in the listing description, and no interior photos are provided. Given its age and the lack of renovation details, it is highly probable that the kitchen and bathroom are severely outdated, likely original or with very old updates, requiring full replacement. Major systems (electrical, plumbing, HVAC) are also expected to be very old and in need of substantial upgrades. While currently tenant-occupied, suggesting it's livable, the property's value is primarily highlighted for its commercial lot and redevelopment potential, indicating the existing structure is not a key asset. The exterior, while appearing maintained, shows signs of age. This property requires substantial repairs and rehabilitation to meet modern standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Prime Commercial Zoning & Development Potential: General Commercial zoning on a substantial 1.08-acre lot allows for diverse future uses including retail, office, medical, logistics, or mixed-use development, offering significant long-term value.
Immediate Income Generation: The property is tenant-occupied and income-generating, providing immediate cash flow for investors from the existing residential structure.
High Visibility & Strategic Location: Exceptional visibility on a busy main street with strong foot and vehicle traffic, strategically located near major transportation hubs and thriving businesses.
Future Growth & Revitalization Alignment: Positioned to capitalize on San Bernardino’s ongoing downtown revitalization, new city initiatives, and increased investment in commercial corridors, indicating strong appreciation potential.
Proximity to Attractions: Located near popular attractions like the San Bernardino County Museum, Glen Helen Regional Park, and Route 66 landmarks, driving consistent visitor activity and enhancing commercial appeal.

Cons

Age and Condition of Existing Structure: Built in 1930, the existing residential structure is old and likely requires significant renovation, updates, or demolition to fully realize the commercial development potential of the lot.
Limited Residential Functionality: The current 3-bedroom, 1-bathroom, 1144 sqft residential unit is small and has limited modern appeal or functionality, especially given the large lot, suggesting its primary value is as a placeholder.
Significant Redevelopment Costs: While offering vast development potential, realizing the full commercial value will likely involve substantial costs for demolition, new construction, and permitting, which could be a barrier for some investors.

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