268 Kingman, San Bernardino, California 92410, San Bernardino, - bed, bath
ACTIVE$960,000
268 Kingman, San Bernardino, California 92410
0Bed
0Bath
1,453Sqft
7,500Lot
Year Built
1951
Close
-
List price
$960K
Original List price
$960K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IG25216346
Home ConditionPoor
Features
View-
About this home
Great opportunity to own two triplexes near downtown San Bernardino. The two buildings are fully fenced and offer a parking lot in the rear for tenants plus street parking. Each unit has a bedroom, full bath, large kitchen, laundry area and family room. Well maintained lush landscaping with mature trees make this have great curb appeal. It's a great investment property or multi-generational living.
Price History
Date
Event
Price
09/16/25
Listing
$960,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (11 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 1,453 | 1,720 | 33% |
| Lot Size | 7,500 | 7,151 | 58% |
| Price | $960K | $577K | 92% |
| Price per square foot | $661 | $298.5 | 92% |
| Built year | 1951 | 9755977 | 50% |
| HOA | |||
| Days on market | 50 | 164 | 8% |
Condition Rating
Poor
Built in 1951, the property's interior, as evidenced by the kitchen image, is extremely dated. The kitchen features a bare bulb light fixture, very old linoleum flooring, and basic, painted cabinets, strongly suggesting a lack of significant renovation for many decades (likely more than 30-50 years). While the exterior appears maintained, the interior condition indicates that major systems (electrical, plumbing) are likely very old and would require substantial repairs and rehabilitation to meet modern standards for safety, comfort, and functionality. The property is functional but very uncomfortable and requires significant investment.
Pros & Cons
Pros
Significant Income Potential: The property consists of two triplexes, totaling six units, offering substantial rental income opportunities for investors.
Dedicated Tenant Parking: Features a private parking lot in the rear for tenants, supplemented by street parking, a valuable amenity in an urban environment.
Strong Curb Appeal: Benefits from well-maintained, lush landscaping and mature trees, enhancing the property's visual attractiveness and tenant appeal.
Versatile Use Case: Marketed as both a great investment property and suitable for multi-generational living, broadening its appeal to diverse buyer profiles.
Functional Unit Layouts: Each unit is self-contained with a bedroom, full bath, large kitchen, laundry area, and family room, providing practical living spaces.
Cons
Property Age & Potential for Obsolescence: Built in 1951, the buildings may have aging infrastructure (e.g., plumbing, electrical, HVAC) that could necessitate significant capital expenditures for upgrades or repairs.
Ambiguous Square Footage: The listed 1453 sqft for 'two triplexes' is unclear and likely indicates very small individual units or a data discrepancy, which could impact perceived value and tenant desirability.
Downtown Location Challenges: While near downtown San Bernardino offers proximity to amenities, this area can present specific urban challenges such as varying neighborhood perceptions or potential for higher tenant turnover.