938 E 2nd Street, San Bernardino, California 92408, San Bernardino, - bed, bath
ACTIVE$450,000
938 E 2nd Street, San Bernardino, California 92408
0Bed
0Bath
1,206Sqft
9,400Lot
Year Built
1978
Close
-
List price
$450K
Original List price
$499K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
GD25149646
Home ConditionFair
Features
Good View:
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About this home
Fantastic investment opportunity in San Bernardino! This duplex features two 1-bedroom, 1-bathroom units, spanning a combined 1,206 sqft of living space. Both units offer functional layouts with plenty of natural light, updated flooring, and room for personal touches. Situated on a spacious lot, this property provides ample parking and outdoor space, with potential for future improvements or expansion. Conveniently located near local amenities, schools, and commuter access, this duplex is a versatile option for both investors and owner-occupiers. Don’t miss the chance to own in a promising area with strong rental demand!
Price History
Date
Event
Price
09/17/25
Price Change
$450,000
07/03/25
Listing
$499,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (1 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 1,206 | 1,487 | 50% |
| Lot Size | 9,400 | 10,700 | 50% |
| Price | $450K | $575K | 50% |
| Price per square foot | $373 | $384.5 | 50% |
| Built year | 1978 | 9795989 | 100% |
| HOA | |||
| Days on market | 125 | 181 | 50% |
Condition Rating
Fair
Built in 1978, this duplex shows signs of regular upkeep and some recent cosmetic updates, such as the LVP flooring and wall-mounted mini-split AC units in the living areas. However, the kitchens and bathrooms are significantly outdated with original or very old cabinetry, tile countertops, and vinyl flooring, indicating they have not undergone major renovations in decades. While functional, these key areas would require substantial modernization to meet current standards, placing the property in the 'fair' condition category.
Pros & Cons
Pros
Income-Generating Duplex: The property features two 1-bedroom, 1-bathroom units, providing dual income streams and making it a strong investment opportunity for rental income.
Spacious Lot with Expansion Potential: Situated on a generous 9,400 sqft lot, the property offers ample outdoor space, parking, and significant potential for future improvements or expansion, such as adding an ADU.
Strong Rental Market Demand: The location benefits from strong rental demand, which is a key factor for investors seeking consistent occupancy and reliable income.
Convenient Location: The duplex is conveniently located near local amenities, schools, and commuter access, enhancing its appeal to potential tenants.
Recent Price Adjustment: The list price has been reduced from $499,000 to $450,000, potentially offering a more attractive entry point for buyers.
Cons
Age of Property & Potential System Updates: Built in 1978, the property is over 45 years old, suggesting that major systems (e.g., HVAC, plumbing, electrical, roof) may be original or nearing end-of-life, potentially requiring significant capital expenditures.
Small Unit Size: Each unit is a 1-bedroom, 1-bathroom, with a combined total of 1,206 sqft, meaning individual units are relatively small (approx. 600 sqft), which might limit the tenant pool or rental income potential compared to larger units.
Limited Specific Updates: While updated flooring is mentioned, the description also notes 'room for personal touches,' implying that other areas like kitchens, bathrooms, or general aesthetics may require further investment to maximize rental value or appeal.