$340,000

Estimated payment $2,061/month

Total Views 45
3 Beds
1 Bath
1,035 Sq Ft
$329 Price per Sq Ft

Highlights

  • Mountain View
  • Laundry Room
  • 1-Story Property
  • No HOA
  • Wall Furnace

About This Home

7474 Elmwood Rd offers an attractive value-add opportunity for cash investors, combining a solid single-family home with a generous 0.26-acre lot in a high-demand Inland Empire rental market where values are already tracking above the low $400,000s for similar properties. The existing 3-bedroom, 1-bath, 1,035-square-foot floorplan provides a stable foundation for cosmetic upgrades, an ADU addition, or expansion to significantly increase both equity and rental income potential on this deep lot. Situated in San Bernardino, the property benefits from the region’s ongoing long-term growth, proximity to major employment centers including the San Bernardino Airport and several others across the Riverside–San Bernardino corridor, and easy access to area freeways, shopping, and schools, positioning it as a strategic hold in a market that has historically appreciated and remains a key gateway to the broader Southern California economy. The surrounding Inland Empire area continues to evolve with new housing, infrastructure, and amenities, supporting strong demand from working families and commuters seeking more affordable alternatives.

Listing Agent

DAMESHA FRAZER

Anomaly Real Estate Brokerage Phone: 909-549-6922 License #02050577 Listed on: 12/22/2025

Co-Listing Agent

Mohamad Lababidi

EXP REALTY OF CALIFORNIA INC Brokerage Phone: 909-549-6922 License #02077517

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 0.26 Acre Lot
  • Density is up to 1 Unit/Acre

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,035 Sq Ft Home
  • 1-Story Property
  • Mountain Views

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Urban Location
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 102
  • Tax Tract Number 2856
  • Assessor Parcel Number 0278091030000
  • $1,006 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 0278091030000
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1035.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 328.50
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 11269.00
  • Lot Size Acres: 0.2587

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11269.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 102
  • Tax Tract Number: 2856
  • TaxOtherAnnualAssessmentAmount: 1006.00

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $3,293 $233,256 $69,977 $163,279
2024 $3,293 $228,682 $68,605 $160,077
2023 $3,223 $224,198 $67,260 $156,938
2022 $3,224 $219,802 $65,941 $153,861
2021 $3,189 $215,492 $64,648 $150,844
2020 $3,184 $213,282 $63,985 $149,297
2019 $3,078 $209,100 $62,730 $146,370
2018 $1,543 $95,088 $23,772 $71,316
2017 $1,252 $93,224 $23,306 $69,918
2016 $1,216 $91,396 $22,849 $68,547
2015 $1,238 $90,023 $22,506 $67,517
2014 $1,205 $88,259 $22,065 $66,194
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2025 12/22/25 For Sale $340,000 -- $329 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $205,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- --
Grant Deed $73,500 Landsafe Title
Grant Deed -- First American Title Ins Co
Trustee Deed $98,497 First American Title Co
Grant Deed $91,500 First American Title Ins Co
Interfamily Deed Transfer -- American Title Co
Grant Deed $54,000 American Title Co
Grant Deed $90,642 Fidelity National Title Ins
Trustee Deed $90,642 Fidelity National Title Ins
Corporate Deed $83,500 First American Title Ins Co
Grant Deed -- First American Title Ins Co
Interfamily Deed Transfer -- First Southwestern Title Co
Grant Deed $41,000 First Southwestern Title Co
Trustee Deed $64,361 Stewart Title
Grant Deed -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $201,286 FHA
Previous Owner $102,000 New Conventional
Previous Owner $75,119 FHA
Previous Owner $90,751 FHA
Previous Owner $63,000 Construction
Previous Owner $83,457 FHA
Previous Owner $36,000 No Value Available
Previous Owner $12,000 Seller Take Back
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25279739

California Regional Multiple Listing Service (CRMLS)

APN: 0278-091-03