197 E 2nd St, San Bernardino, CA 92408
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197 E 2nd St San Bernardino, CA 92408

$360,000 Sold Price as of 04/15/2019
  • 6 Beds
  • 4 Baths
  • 2,535 Sq.Ft.
Sold
$360,000 Sold Price as of 04/15/2019 Refinance Your Mortgage

Map preview of 197 E 2nd St, San Bernardino, CA 92408

Property Overview: 197 E 2nd St San Bernardino, CA has 6 bedrooms, 4 bathrooms, 2,535 living square feet and 6,750 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: *** TREMENDOUS INCOME OPPORTUNITY *** AT 2,535 sqft. OF LIVING SPACE AND MANY IMPORTANT UPGRADES MAKES THIS TRI-PLEX A HOME RUN!!! 1st UNIT BOASTING 3 BEDROOMS AND 2 BATHROOMS BUILT IN 2005, UPGRADED CABINETS, GRANITE KITCHEN, APPLIANCES, FIXTURES, SINK, LIGHTING, CEILING FANS, WINDOW BLINDS, DOORS, PAINT, TILE FLOORS, COPPER PLUMBING, CENTRAL AIR & HEATING. 2nd UNIT FEATURES 2 BEDROOMS 1 BATHROOM TILE COUNTER TOPS, APPLIANCES, FIXTURES, LIGHTING, TILE & CARPET FLOORS. 3rd UNIT IS A 1 BEDROOM 1 BATH UPGRADED BATHROOM WITH NEW TILE FLOORS, SINK, TOILET AND SHOWER. ALL UNITS STAND APART FOR PRIVACY AND ARE GATED AROUND FOR SECURITY. BONUSES INCLUDE DUAL PANE ENERGY EFFICIENT WINDOWS. EXCELLENT OPPORTUNITY FOR POSITIVE CASH FLOW!!! ALL UNITS ARE CURRENTLY RENTED WITH LONG TIME TENANTS. SUPER LOW MAINTENANCE HERE WITH MINIMAL LANDSCAPING! ALL THIS WITH DOWNTOWN WALKING DISTANCE, RESTAURANTS, SHOPPING, SCHOOLS, SECCOMBE PARK WITH THE LAKE, WALKING TRAILS, SAN MANUEL BASEBALL STADIUM AND MULTIPLE FREEWAY ACCESS MAKES THIS ONE A MUST HAVE!!!

Listed by Chris Seibel | BRE #01362721 | Realty ONE Group
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 4

Home details

Lot Sq. Ft
6,750
HOA Dues
$0/mo
Year built
1946
Garage
--
Property Type:
Triplex
Status
Sold
MLS#
IG19051510
City
San Bernardino
County
San Bernardino
Time on Site
1520 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Leased Units: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $500
  • Total Rent: $500
  • Pro Forma/Market Rent: $500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $700
  • Total Rent: $700
  • Pro Forma/Market Rent: $700
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $950
  • Total Rent: $950
  • Pro Forma/Market Rent: $950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $25,800
  • Net Operating Income: $23,665
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $2,135
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $2,459
  • Trash: $40
  • Gardener: $215
  • Insurance: $1,314
  • Professional Management: $0
  • Water/Sewer: $60

Virtual Tour

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Property Details for 197 E 2nd St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central, Wall Furnace, Forced Air, Natural Gas
Laundry Information
  • Has Laundry
  • Individual Room, Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Tile, Vinyl
  • All Bedrooms Down, Family Room, Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Oven
Interior Features
  • Ceiling Fan(s), Copper Plumbing Partial, Granite Counters, Tile Counters
  • Levels: One
  • Window Features: Blinds, Double Pane Windows, ENERGY STAR Qualified Windows
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • Has Fence
  • Vinyl, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Concrete
Lot Information
  • Lot Features: 2-5 Units/Acre, Back Yard, Level with Street
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: Mountain(s)
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 0135291160000
  • Year Built Source: Assessor
  • Architectural Style: Modern, Traditional
  • Foundation Details: Slab
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Paid
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: East of 215 Freeway exit 2nd
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

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Sale History for 197 E 2nd St

Last sold for $360,000 on April 15th, 2019
  • April, 2019

  • Apr 16, 2019

    Date

    Sold

    CRMLS: IG19051510

    $360,000

    Price

  • Apr 1, 2019

    Date

    Pending

    CRMLS: IG19051510

    $360,000

    Price

  • Mar 23, 2019

    Date

    Active Under Contract

    CRMLS: IG19051510

    $360,000

    Price

  • Mar 21, 2019

    Date

    Active

    CRMLS: IG19051510

    $360,000

    Price

  • April, 2019

  • Apr 15, 2019

    Date

    Sold (Public Records)

    Public Records

    $360,000

    Price

  • December, 2009

  • Dec 11, 2009

    Date

    Sold (Public Records)

    Public Records

    $155,000

    Price

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Tax History for 197 E 2nd St

Assessed Value (2020): $367,200
Year Land Value Improved Value Assessed Value
2020 $91,800 $275,400 $367,200

Home Value Compared to the Market

This property vs the competition

197 E 2nd St sold on April 15, 2019 for 28% lower than the current median sold price for the city of San Bernardino which is $500,000. The median sold price per/sqft for San Bernardino is $361 and this home is sold at $142.01 per/sqft which puts the price per square foot 60.66% lower than the current median sale per square foot for the city of San Bernardino.

About 197 E 2nd St

Detailed summary of property

197 E 2nd St is a triplex that recently sold in San Bernardino, CA 92408. This triplex offered 6 bedrooms, 4 bathrooms, roughly 2,535 living square feet, and sits on an approximately 6,750 square foot lot. 197 E 2nd St was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $360,000. Home in San Bernardino are selling for a median price of $500,000 and a median price per square foot of $361. Based on Ardent Real Estate Group's San Bernardino Market Data, this home is sold 28% lower than the current median priced home. While the average home in San Bernardino, CA is selling in 58 days, 197 E 2nd St has a days on market of 4 days. There are currently 449 homes for sale in the San Bernardino real estate market and 407 of them are single family homes while 38 of them are condos and 4 are townhomes. For more information on this home for sale at 197 E 2nd St San Bernardino, CA 92408 contact Ardent Real Estate Group and we will put you in touch with one of our San Bernardino agents.

Public Facts for 197 E 2nd St

Public county record property details
Beds
2
Baths
1
Year built
1946
Sq. Ft.
840
Lot Size
6,750
Stories
1
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
--
APN
0135-291-16-0000

The source for these homes facts are from public records.

92408 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$499,900
Median List Price/Sq.Ft.
$316
Median Sold Price
$470,000
Median Sold Price/Sq.Ft.
$307
Total Inventory
14
Median Sale to List Price %
102.17%
Avg Days on Market
5
Loan Type
Conventional (0%), FHA (100%), VA (0%), Cash (0%), Other (0%)

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Related Resources to 197 E 2nd St

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.