642 W Olive St, San Bernardino, California 92410, San Bernardino, - bed, bath

ACTIVE$399,888
642 W Olive St, San Bernardino, California 92410
2Beds
1Bath
977Sqft
2,408Lot
Year Built
1938
Close
-
List price
$400K
Original List price
$410K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
CV25150770
Home ConditionFair
Features
View-
About this home
Good Opportunity for First time Buyer's and Investors.Cute Home in San Bernardino, 2 Bedrooms and 1 Bathroom, 1 Car Garage Detached , laundry inside the House. Close to Shopping's,Schools and Freeways. Property has a Solar panels ( Buyer has to be qualified for Contract Purchase Transfer )Also the Property has a Central A/C. At Close of Escrow, property will be deliver Vacant and Clean. Call the Listing Agent for details and Check the Private remarks.
Price History
Date
Event
Price
10/18/25
Price Change
$399,888-0.0%
10/03/25
Price Change
$399,999+0.3%
09/28/25
Price Change
$398,988-0.0%
09/21/25
Price Change
$398,999-0.0%
09/07/25
Price Change
$399,000-0.2%
08/12/25
Price Change
$399,888-2.3%
08/10/25
Price Change
$409,444-0.1%
08/02/25
$409,777
07/09/25
$409,999
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (72 Listings) | |
|---|---|---|---|
| Beds | 2 | 3 | 34% |
| Baths | 1 | 2 | 33% |
| Square foot | 977 | 1,208 | 34% |
| Lot Size | 2,408 | 7,236 | 1% |
| Price | $400K | $435K | 27% |
| Price per square foot | $409 | $385 | 59% |
| Built year | 1938 | 1946 | 33% |
| HOA | |||
| Days on market | 119 | 173 | 22% |
Condition Rating
Fair
Built in 1938, this property is significantly aged. While it benefits from modern updates like central A/C and solar panels, the interior, particularly the kitchen and bathroom, shows clear signs of being outdated. The kitchen features older cabinets, laminate countertops, and basic appliances, while the bathroom has a dated vanity and fixtures. Flooring includes worn carpets and dated linoleum/vinyl. The property is functional and appears maintained, but requires minor updates and a full renovation of the kitchen and bathroom to meet current standards, aligning with the 'fair' condition criteria for an aged home with functional but outdated components.
Pros & Cons
Pros
Target Market Appeal: Explicitly marketed as a 'Good Opportunity for First time Buyer's and Investors,' broadening its potential buyer pool.
Modern Comfort: Equipped with Central A/C, a desirable feature for climate control, especially in warmer regions.
Energy Efficiency: Features solar panels, offering potential long-term utility cost savings for the new owner.
Convenient Location: Strategically located close to shopping centers, schools, and major freeways, enhancing accessibility and daily convenience.
Seamless Transition: Property will be delivered vacant and clean at close of escrow, simplifying the move-in process for buyers.
Cons
Solar Panel Contract Contingency: The buyer must qualify for and assume the existing solar panel contract, which can add complexity and potential hurdles to the transaction.
Property Age: Built in 1938, the home may require significant updates to its systems, infrastructure, or aesthetics to meet contemporary standards and buyer expectations.
Price History Volatility: The listing shows multiple price adjustments, including several decreases, which could indicate market resistance or initial overpricing, potentially affecting buyer confidence.

