748 Garcia Street, San Bernardino, California 92411, San Bernardino, - bed, bath

home-pic
ACTIVE$400,000
748 Garcia Street, San Bernardino, California 92411
3Beds
2Baths
1,388Sqft
8,052Lot
Year Built
1954
Close
-
List price
$400K
Original List price
$400K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
CV24255359
Home ConditionPoor
Features
Patio
View-

About this home

Property will be available for viewing Wednesday January 22nd at 3-4 pm ... No blind offers will be accepted ...3 bed 2 bath home. in need of TLC

Price History

Date
Event
Price
12/31/24
Listing
$400,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (62 Listings)
Beds33
50%
Baths22
50%
Square foot1,3881,100
81%
Lot Size8,0526,890
87%
Price$400K$445K
19%
Price per square foot$288$403
10%
Built year19541951
52%
HOA
Days on market309142
95%
Condition Rating
Poor

The property was built in 1954 and is explicitly described as 'in need of TLC.' The single exterior image reveals significant deferred maintenance, including an unkempt yard, rough exterior walls, and a dilapidated carport. While interior conditions are not visible, the age of the property and the stated need for 'TLC' strongly indicate that substantial repairs and rehabilitation are required throughout, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Desirable Layout: The property offers a practical 3-bedroom, 2-bathroom configuration, which is highly sought after by families and provides ample living space.
Generous Lot Size: With an 8,052 sqft lot, there is significant outdoor space for potential expansion, landscaping, gardening, or creating an ideal entertainment area.
Accessible Price Point: Listed at $400,000, this property presents a relatively affordable entry point into homeownership in Southern California, appealing to first-time buyers or investors.
Single-Family Residence: As a single-family home, it offers privacy, independence, and is a consistently in-demand property type, typically appreciating well over time.
Established Neighborhood: Built in 1954, the home is likely situated in an established San Bernardino neighborhood, often characterized by mature trees, a sense of community, and proximity to existing infrastructure.

Cons

Condition Requiring Significant Investment: The description explicitly states the property is 'in need of TLC,' indicating that substantial renovation, repairs, and updates will be required, representing a considerable financial and time commitment for the buyer.
Age of Property & Potential System Updates: Built in 1954, the home is 70 years old, suggesting that major systems such as plumbing, electrical, HVAC, and the roof may be original or outdated, necessitating costly upgrades in the near future.
Limited Offer Flexibility: The 'No blind offers will be accepted' clause restricts buyer flexibility and requires a physical viewing, which could deter out-of-area investors or those seeking a quicker transaction without an initial visit.

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