481 20th St, San Bernardino, California 92405, San Bernardino, - bed, bath

ACTIVE$488,999
481 20th St, San Bernardino, California 92405
2Beds
2Baths
1,293Sqft
5,619Lot
Year Built
1952
Close
-
List price
$489K
Original List price
$489K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IV25226826
Home ConditionFair
Features
View-
About this home
Welcome to 481 and 483 2 units, This GREAT Duplex is in the city of San Bernardino, each Unit has 1 bedroom and 1 bathroom and both a bonus room, great started home and rent out the other unit, or add this to your rental portfolio. each has Separate Gas, electric, trash, water is together. This duplex is located Near San Bernardino high school, also near lots of stores and shopping centers, great investment, ask for a showing today.
Price History
Date
Event
Price
10/02/25
Listing
$488,999
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (4 Listings) | |
|---|---|---|---|
| Beds | 2 | 7 | 20% |
| Baths | 2 | 4 | 40% |
| Square foot | 1,293 | 1,790 | 20% |
| Lot Size | 5,619 | 7,500 | 20% |
| Price | $489K | $600K | 20% |
| Price per square foot | $378 | $315 | 60% |
| Built year | 1952 | 1952 | 50% |
| HOA | |||
| Days on market | 34 | 142 | 20% |
Condition Rating
Fair
Built in 1952, this property is aged but appears to have been maintained. The kitchen features very dated wooden cabinets, older appliances (white gas range, black refrigerator), and dated tile flooring. The bathroom is also highly outdated with pinkish/beige wall tiles, a basic vanity, and an old strip light fixture. While functional, both areas require significant cosmetic updates to meet current standards. The property uses window AC units and wall heaters, indicating a lack of modern central HVAC. Overall, the home is livable but shows its age and would benefit from substantial renovations beyond minor repairs.
Pros & Cons
Pros
Income-Generating Duplex: The property is a duplex, offering two distinct units for rental income, making it an attractive investment for generating passive revenue.
Flexible Investment Strategy: Suitable for various buyers, including owner-occupants looking to live in one unit and rent the other, or investors expanding their rental portfolio.
Individual Utility Metering (Partial): Each unit benefits from separate gas, electric, and trash metering, reducing landlord responsibility for these utilities and promoting tenant accountability.
Added Value with Bonus Rooms: Both units include a bonus room, providing extra flexible space that can enhance tenant appeal and potentially command higher rental rates.
Convenient Urban Location: Situated near San Bernardino High School, shopping centers, and various stores, offering tenants easy access to essential amenities and services.
Cons
Shared Water Utility: The water utility is combined for both units, which could lead to management challenges or additional costs for the property owner.
Property Age: Built in 1952, the property is over 70 years old, suggesting potential for aging infrastructure, systems, and requiring ongoing maintenance or future capital expenditures.
Compact Unit Sizes: With a total of 1293 sqft for two 1-bedroom, 1-bathroom units, each unit is relatively small, which might limit the tenant pool or rental income potential compared to larger units.

