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555 Ramona Ave, San Bernardino, CA 92411
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555 Ramona Ave San Bernardino, CA 92411

$579,000
  • 6 Beds
  • 5 Baths
  • 2,038 Sq.Ft.
Back Up Offer
$579,000 Get Pre-Qualified
Map preview of 555 Ramona Ave, San Bernardino, CA 92411

Property Overview: 555 Ramona Ave San Bernardino, CA has 6 bedrooms, 5 bathrooms, 2,038 living square feet and 15,115 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This unique property is currently a legal 2 unit with pending permits for the third unit. Property also needs work. Won't pass standard loan guidelines Must do an FHA 203K loan, Fannie Mae Homestyle Renovation loan, or cash. Seller will have permits for a 3 bed 2 bath and a 2 bed 2 bath and a one bedroom 1 bath. The lot next door is included in the sales price making this over a 15,000 sq ft lot. Currently there is a workshop and a garage on the other parcel, has water and electric also. See attached plans under supplements. Nice quiet street. Walking distance to Ramona-Alessandro Elementary School. This is a great way to supplement your monthly mortgage payment with rentals.

Listed by Joanne Bragg | BRE #00628559 | Independent Properties
Last checked: 15 minutes ago | Last updated: April 5th, 2024 | Source CRMLS | DOM: 24
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Home details

Lot Sq. Ft
15,115
HOA Dues
$0/mo
Year built
1920
Garage
2 Car
Property Type:
Triplex
Status
Back Up Offer
MLS#
SW24060241
City
San Bernardino
County
San Bernardino
Time on Site
31 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Leased Units: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,250
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,050
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $73,200
  • Net Operating Income: $60,910
  • Gross Operating Income: --
  • Vacancy Allowance: $3,650
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $8,640
  • Trash: $300
  • Insurance: $1,800

Open Houses for 555 Ramona Ave

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Property Details for 555 Ramona Ave

Interior Features
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Individual Room, Outside, Stackable
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Driveway - Combination, Paved, Garage - Single Door
Lot Information
  • Lot Features: Front Yard, Level with Street, Lot 10000-19999 Sqft, Level, Paved, Walkstreet, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 0138102230000
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: 215 freeway to the 10 get off 5th st
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local San Bernardino Agent

Sale History for 555 Ramona Ave

Last sold for $475,000 on June 24th, 2022

  • April, 2024

  • Apr 5, 2024

    Date

    Back Up Offer

    CRMLS: SW24060241

    $579,000

    Price

  • Mar 28, 2024

    Date

    Active

    CRMLS: SW24060241

    $579,000

    Price

  • June, 2022

  • Jun 24, 2022

    Date

    Sold

    CRMLS: CV22076617

    $475,000

    Price

  • Apr 29, 2022

    Date

    Active

    CRMLS: CV22076617

    $449,888

    Price

  • Listing provided courtesy of CRMLS

    This is one of a time opportunity to own 2 houses with separate gas and electrical meters and the lot right next to it with its own address. 555 Ramona is the front house which has 4 bedrooms and 2 bathrooms with living space of 1378 sq ft. The back house 555 1/2 has 2 bedrooms and 1 bathroom with living space 660 sq ft. Total lot size is 7567 sq ft. Registered with the County as SFRs with 2 houses on the lot. Both houses need work but the potential is enormous. The parcel next to it with address 567 Ramona Ave is 7523 sq ft lot with a 2 car garage and a workshop. This is an amazing opportunity for a Big family who wants to be all together or take advantage and use it as a rental income property. Property to be sold in AS IS condition and will be delivered Vacant. Currently family members still live in it for the past 35 years. Come and check it out next Saturday 5/7th and Sunday 5/8th from 11-3pm. See you there!

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Tax History for 555 Ramona Ave

Assessed Value (2020): $25,562
Year Land Value Improved Value Assessed Value
2020 $4,061 $21,501 $25,562

Home Value Compared to the Market

This property vs the competition

555 Ramona Ave is listed 16.97% higher than the median list price for the city of San Bernardino which has a median list price of $495,000. The median price per/sqft for San Bernardino is $356 and this home is listed at $284.1 per/sqft which puts the price per square foot 20.2% lower than the median price per square foot for the city of San Bernardino.

About 555 Ramona Ave

Detailed summary of property

555 Ramona Ave is a triplex located in San Bernardino, CA 92411 and is currently in escrow to be sold. This triplex offers 6 bedrooms, 5 bathrooms, roughly 2,038 living square feet, and sits on an approximately 15,115 square foot lot. 555 Ramona Ave was first listed on ArdentRealEstateGroup.com on March 28, 2024. The homeowner is currently asking $579,000. The median priced home in San Bernardino is $495,000 with a median price per square foot of $356. Based on Ardent Real Estate Group's San Bernardino Market Data, this home is listed 16.97% higher than the median priced home. Local competing homes currently for sale include 8029 Sunnyside Ave #A, 3561 Russell St and 3342 Eucalyptus Avenue. While the average home in San Bernardino, CA is selling in 51 days, 555 Ramona Ave has a days on market of 24 days. There are currently 372 homes for sale in the San Bernardino real estate market and 330 of them are single family homes while 40 of them are condos and 2 are townhomes. For more information on this home for sale at 555 Ramona Ave San Bernardino, CA 92411 contact Ardent Real Estate Group and we will put you in touch with one of our San Bernardino agents.

Public Facts for 555 Ramona Ave

Public county record property details
Beds
2
Baths
1
Year built
1920
Sq. Ft.
1,378
Lot Size
7,567
Stories
1
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
--
APN
0138-102-23-0000

The source for these homes facts are from public records.

92411 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$450,000
Median List Price/Sq.Ft.
$427
Median Sold Price
$435,000
Median Sold Price/Sq.Ft.
$408
Total Inventory
29
Median Sale to List Price %
96.67%
Avg Days on Market
25
Loan Type
Conventional (21.43%), FHA (50%), VA (7.14%), Cash (7.14%), Other (14.29%)

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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.

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