1125 E 40th St San Bernardino, CA 92404
Northeast Sterling NeighborhoodEstimated payment $4,313/month
Highlights
- 2.08 Acre Lot
- 2 Car Attached Garage
- Central Heating and Cooling System
- No HOA
- Laundry Room
- 1-Story Property
About This Home
Prime San Bernardino Investment Opportunity - Dual Parcel with Subdivision Potential
Rare Multi-Lot Opportunity! Discover a unique real estate prospect in an established San Bernardino neighborhood. This sale of a current rental property includes two adjacent parcels (APN: 0155-461-23 and 0155-461-24), offering a variety of development potential.
The combined acreage and dual-parcel configuration present a compelling possibility to subdivide the land. This could allow for additional residential units. While the layout is ideal for expansion or subdivision, prospective buyers are advised to confirm all zoning, lot line adjustments, and building requirements directly with the City of San Bernardino.
Conveniently located near the 210 and 215 freeways, and just minutes from local schools, shopping, and Wildwood Park.
Whether you intend to renovate the existing home while developing the second lot, or explore a full subdivision project, this dual-lot offering is a standout for those looking to maximize their return on investment in a high-demand area.
Listing Agent
Masterpiece Realty Brokerage Email: stephanie@loekman.com License #02125011 Listed on: 04/08/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1912
Lot Details
- 2.08 Acre Lot
- Density is 2-5 Units/Acre
- 0155461240000
Parking
- 2 Car Attached Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,796 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Laundry in Garage
Additional Features
- Suburban Location
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 9
- Tax Tract Number 1
- Assessor Parcel Number 0155461230000
- $796 per year additional tax assessments
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,313 | $251,712 | $109,720 | $141,992 |
| 2024 | $3,244 | $246,777 | $107,569 | $139,208 |
| 2023 | $3,163 | $241,938 | $105,460 | $136,478 |
| 2022 | $3,168 | $237,194 | $103,392 | $133,802 |
| 2021 | $3,173 | $232,543 | $101,365 | $131,178 |
| 2020 | $3,180 | $230,159 | $100,326 | $129,833 |
| 2019 | $3,087 | $225,646 | $98,359 | $127,287 |
| 2018 | $3,052 | $221,221 | $96,430 | $124,791 |
| 2017 | $2,958 | $216,883 | $94,539 | $122,344 |
| 2016 | $2,869 | $212,630 | $92,685 | $119,945 |
| 2015 | $2,772 | $209,436 | $91,293 | $118,143 |
| 2014 | $2,695 | $205,334 | $89,505 | $115,829 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/08/2026 04/08/26 | For Sale | $746,000 | -- | $415 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | -- | None Available | |
| Grant Deed | $205,000 | First American Title Co | |
| Interfamily Deed Transfer | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR26074983
APN: 0155-461-23
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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