840 W 27th Street, San Bernardino, California 92405, San Bernardino, - bed, bath
ACTIVE$850,000
840 W 27th Street, San Bernardino, California 92405
6Beds
4Baths
2,266Sqft
16,516Lot
Year Built
1941
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IG25156994
Home ConditionGood
Features
View-
About this home
"Two units" Front house has 3 bedrooms and 2 bathrooms fully upgraded. The back ADU has 1,000 sqft with 3 bedroom and 2 bathrooms. Both units have solar panels completely paid off. one detached 2 car garage.
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (4 Listings) | |
|---|---|---|---|
| Beds | 6 | 7 | 40% |
| Baths | 4 | 4 | 50% |
| Square foot | 2,266 | 2,266 | 50% |
| Lot Size | 16,516 | 7,500 | 80% |
| Price | $850K | $720K | 80% |
| Price per square foot | $375 | $315 | 60% |
| Built year | 1941 | 1948 | 40% |
| HOA | |||
| Days on market | 115 | 141 | 20% |
Condition Rating
Good
The property, built in 1941, has been upgraded, including the front house and the ADU. The kitchens and bathrooms appear to be recently renovated with modern finishes. The presence of paid-off solar panels also suggests recent upgrades. While the original structure is older, the renovations bring it to a 'good' condition, move-in ready with no immediate major renovations required.
Pros & Cons
Pros
Income Potential: The property features two units, a front house and a back ADU, providing excellent income potential for investors or owner-occupants looking to offset mortgage costs.
Fully Upgraded Units: Both the front house and the back ADU have been fully upgraded, reducing the need for immediate renovations and increasing tenant appeal.
Solar Panels (Paid Off): The property includes solar panels that are completely paid off, offering significant savings on electricity bills and increasing the property's value.
Detached 2-Car Garage: A detached 2-car garage provides secure parking and additional storage space, a valuable amenity for tenants or homeowners.
Large Lot Size: The property sits on a sizable 16,516 sqft lot, offering potential for future expansion or landscaping opportunities.
Cons
Age of Property: Built in 1941, the property may require ongoing maintenance and repairs associated with older homes.
Location Considerations: The property is located in San Bernardino, which may have specific market dynamics or perceived drawbacks compared to other areas.
High School District: The property is zoned for San Bernardino City Unified School District, which may not be as highly rated as other districts in the region, potentially affecting appeal to families with school-aged children.