Back To Search
1356 Sierra Way
San Bernardino, CA 92405
Sold
Welcome to a fantastic investment opportunity in the heart of San Bernardino, Ca. This property strategically situated in a vibrant neighborhood, offers two separate homes on one spacious lot. Each unit features two bedrooms and one bathroom, catering to the needs of small families, couples, or individuals seeking comfortable living space. Property Review: Location:** The duplex is conveniently located in San Bernardino, a city known for its accessibility to major highways, educational institutions, and recreational facilities. **Unit Configuration:** Each unit is comprised of 2 bedrooms and 1 bathroom, designed to provide ample living space. **Garage Facilities:** One of the units has an attached garage, while the other has a detached garage. These extra space offer added convenience and storage options. **Additional Income** The presence of garages provides an excellent opportunity for the building Accessory Dwelling Units (ADUs), enabling landlords to generate additional rental income.**Vacancy and Renovation:** The property is being delivered vacant, presenting an opportunity for investors to renovate and maximize rental potential. The aggressive pricing relative to market value accounts for the work needed to enhance the property's appeal and rental value. **Rental Potential:** In San Bernardino, two-bedroom, one-bathroom properties are in high demand, with rental prices reaching up to $1700 per month. Additionally, one-bedroom units and studios command rents of $1200 and $1000 respectively, reflecting the strong rental market in the area.**Investment Opportunity:** With its strategic location, spacious layout, and potential for additional income through ADU construction, this duplex property presents an attractive investment opportunity for savvy investors and landlords. Investors can capitalize on the growing demand for rental properties in San Bernardino, leveraging the aggressive pricing and renovation potential to maximize long-term returns. The duplex's configuration and proximity to amenities make it an ideal choice for investors seeking to diversify the portfolio or generate passive income from rental properties. In summary, this property offers the perfect blend of affordability, potential for rental income, and strategic location. With the opportunity to renovate and enhance its rental appeal, this property represents a sound investment for those looking to capitalize on the dynamic real estate market in San Bernardino.
PROPERTY INFORMATION
| MLS # | IV24033721 | Lot Size | 6,000 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Duplex |
| Price | $ 400,000
Price Per SqFt: $ 332 |
DOM | 457 Days |
| Address | 1356 Sierra Way | Type | Residential |
| City | San Bernardino | Sq.Ft. | 1,204 Sq. Ft. |
| Postal Code | 92405 | Garage | N/A |
| County | San Bernardino | Year Built | 1949 |
| Bed / Bath | 4 / 2 | Parking | N/A |
| Built In | 1949 | Status | Closed |
| Sold Date | 2024-04-01 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | See Remarks |
| Has Fireplace | No |
| Fireplace Information | None |
| Room Information | Kitchen, Living Room |
| Has Cooling | Yes |
| Cooling Information | See Remarks |
| EntryLocation | 1 |
| Entry Level | 1 |
| Main Level Bedrooms | 4 |
| Main Level Bathrooms | 2 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $427
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 04/01/2024 | Sold | $450,000 |
| 03/22/2024 | Pending | $400,000 |
| 03/22/2024 | Relisted | $400,000 |
| 02/17/2024 | Listed | $400,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
Interested in buying or selling a home similar to 1356 Sierra Way?
San Bernardino Similar Properties
Listing provided courtesy of ROBERT WATKINS, RE/MAX TIME REALTY. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
