$399,000
PENDING $31K PRICE DROP

Estimated payment $2,358/month

Total Views 8,189
5 Beds
2 Baths
1,843 Sq Ft
$216 Price per Sq Ft

Highlights

  • Cape Cod Architecture
  • Lawn
  • Wood Frame Window
  • View of Hills
  • No HOA
  • Bathtub

About This Home

Two Homes – One Huge Corner Lot – Permits Pulled & Ready for Value-Add!
Here's your chance to grab a standout investment opportunity! Situated on a large corner lot, this property features two separate homes with serious upside potential.

The front house is a 2-bedroom, 1-bath with a spacious open layout, updated kitchen with ample cabinet and counter space, a dedicated dining area, and a well-sized front yard—move-in or rent-ready.

The second home, located on Cole, was originally a 2-bedroom, 1-bath and sustained fire damage. Remodel permits have already been pulled, with framing and foundation work completed—a huge head start for investors looking to finish and capitalize quickly.

Located near major shopping centers and offering easy freeway access, this is a perfect value-add project with long-term rental or resale potential.

Listing Agent

Ambrosio Acosta

1St Class Realty License #01724517 Listed on: 07/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,204

Year Built

  • Built in 1930

Lot Details

  • 8,300 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Lawn

Home Design

  • Duplex
  • Cape Cod Architecture
  • Fixer Upper
  • Raised Foundation
  • Asphalt Roof
  • Shingle Siding

Interior Spaces

  • 1,843 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window
  • Living Room Balcony
  • Dining Room
  • Laminate Flooring
  • Views of Hills
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 5 Bedrooms | 4 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Driveway

Utilities

  • Central Heating
  • Electricity on Bond
  • Phone Available

Additional Features

  • More Than Two Accessible Exits
  • Wood Patio

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 202
  • Tax Tract Number 18
  • Assessor Parcel Number 1191472020000
  • $810 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,204

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s)
  • View: Yes
  • Architectural Style: Cape Cod
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 1191472020000
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1843.00 Square Feet
  • Interior Amenities: Living Room Balcony
  • Stories: 1
  • Entry Location: Pacfic
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Accessibility Features: 2+ Access Exits
  • Appliances: No
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: Dining Room
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 216.49
  • Room Type: All Bedrooms Down
  • Window Features: Wood Frames
  • Bathroom Features: Bathtub

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • View: Hills
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Wood
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Shingle Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Bond
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: San Bernardino City Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 8300.00
  • Lot Size Acres: 0.1905

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8300.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 74.09
  • Tax Lot: 202
  • Tax Tract Number: 18-127
  • TaxOtherAnnualAssessmentAmount: 810.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $2,204 $357,000 $107,100 $249,900
2024 $2,204 $139,382 $30,134 $109,248
2023 $4,319 $136,649 $29,543 $107,106
2022 $2,159 $133,970 $28,964 $105,006
2021 $2,121 $131,343 $28,396 $102,947
2020 $1,772 $129,996 $28,105 $101,891
2019 $1,719 $127,447 $27,554 $99,893
2018 $2,534 $124,948 $27,014 $97,934
2017 $2,102 $122,498 $26,484 $96,014
2016 $1,601 $120,096 $25,965 $94,131
2015 $1,710 $118,292 $25,575 $92,717
2014 $1,587 $115,975 $25,074 $90,901
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Pending -- -- --
07/31/2025 07/31/25 Price Changed $399,000 -7.2% $216 / Sq Ft
07/09/2025 07/09/25 For Sale $430,000 +22.9% $233 / Sq Ft
05/02/2024 05/02/24 Sold $350,000 -6.7% $370 / Sq Ft
04/24/2024 04/24/24 Price Changed $375,000 0.0% $397 / Sq Ft
04/24/2024 04/24/24 For Sale $375,000 0.0% $397 / Sq Ft
12/10/2023 12/10/23 For Sale $375,000 0.0% $397 / Sq Ft
08/25/2022 08/25/22 Rented $1,500 0.0% --
08/24/2022 08/24/22 Under Contract -- -- --
08/19/2022 08/19/22 For Rent $1,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $350,000 Equity Title
Interfamily Deed Transfer -- First American Title Ins Co
Grant Deed $26,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $300,000 Construction
Previous Owner $66,000 Seller Take Back
Closed $16,000 No Value Available
Source: Public Records

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    • 7423 Elm St
    • San Bernardino, CA

    Great duplex. Two homes on a lot. Live in one and rent the other. Front unit is a 1 Bedroom 1 Bath with a 1 car garage. The unit in the back has a 2 Bedroom 1 Bath. Both units have their own front and back yard.

    Jose Ochoa Olympia Real Estate

    Section Image

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25154111

California Regional Multiple Listing Service (CRMLS)

APN: 1191-472-02