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987 Spruce St, San Bernardino, CA 92411
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987 Spruce St San Bernardino, CA 92411

$650,000
  • 5 Beds
  • 3 Baths
  • 1,638 Sq.Ft.
For Sale
$650,000 Get Pre-Qualified
Map preview of 987 Spruce St, San Bernardino, CA 92411

Property Overview: 987 Spruce St San Bernardino, CA has 5 bedrooms, 3 bathrooms, 1,638 living square feet and 6,700 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: Three beautiful well maintained units! The front house has been completely remodeled and the other two units are very good condition. Perfect investment for your portfolio or live in one and rent the others. Don’t miss out! The two back units are vacant.

Listed by Marilu Gonzalez | BRE #01758751 | Marsant Realty
Last checked: 6 minutes ago | Last updated: April 16th, 2024 | Source CRMLS | DOM: 86
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Home details

Lot Sq. Ft
6,700
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Triplex
Status
Active
MLS#
DW24021864
City
San Bernardino
County
San Bernardino
Time on Site
88 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,050
  • Total Rent: $2,050
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $54,120
  • Net Operating Income: $51,480
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $2,640
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $220

Open Houses for 987 Spruce St

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Property Details for 987 Spruce St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 3
  • Parcel Number: 0138142020000
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 215 FWY off the 5th St exit
Neighborhood Information
  • Community Features: Sidewalks, Suburban
View more facts & features

Local San Bernardino Agent

Sale History for 987 Spruce St

Last sold for $480,000 on March 16th, 2023

  • January, 2024

  • Jan 30, 2024

    Date

    Active

    CRMLS: DW24021864

    $665,000

    Price

  • March, 2023

  • Mar 16, 2023

    Date

    Sold

    CRMLS: GD22186183

    $480,000

    Price

  • Aug 25, 2022

    Date

    Active

    CRMLS: GD22186183

    $525,000

    Price

  • Listing provided courtesy of CRMLS

    Incredible investment opportunity you don’t want to miss! This is a 3-unit triplex investment property. Two units have 2 bedrooms and 1 bathroom. The back unit is a studio! Located near markets, popular dining options, parks gas stations and the 215-Freeways!

  • March, 2019

  • Mar 2, 2019

    Date

    Sold

    CRMLS: IV19009552

    $317,000

    Price

  • Feb 19, 2019

    Date

    Pending

    CRMLS: IV19009552

    $315,000

    Price

  • Jan 30, 2019

    Date

    Active Under Contract

    CRMLS: IV19009552

    $315,000

    Price

  • Jan 15, 2019

    Date

    Active

    CRMLS: IV19009552

    $315,000

    Price

  • Listing provided courtesy of CRMLS

    2bd 1ba + 2bd 1ba, + single 1ba = 3 units. Built 1926 original owners the Scott family. First the fromt house a 2 bedroom 1 bath main house at 987, then added 2 bedroom back house 987 1/2, with laundry then Grandpa added the single 987 1/3. Fire happened about 1996 a brush fire from back lot damaged the two back buildings, that insurance nicely repaired and the two back units updated updated. Long term tenants owner wanted to keep the rents low:987 2 bedroom 1 bath with laundry hook ups $845 current discounted rent (today's rent market $995+). 987 1/2 2 bedroom 1 bath with laundry hookups current rent $645 (today's rent market $795+). 987 1/3 Single 1 bath cureent rent $595 (today's rent market $695+). INFORMATION: Download from Supplements Seller's TDS and Seller Questions, email me for current copies of lease, let's talk real estate and get most questions out of the way before writing up subject to your initial viewing of interiors.

  • March, 2019

  • Mar 1, 2019

    Date

    Sold (Public Records)

    Public Records

    $317,000

    Price

  • January, 2018

  • Jan 4, 2018

    Date

    Leased

    CRMLS: IV17261033

    $595

    Price

  • Dec 14, 2017

    Date

    Hold

    CRMLS: IV17261033

    $595

    Price

  • Nov 18, 2017

    Date

    Active

    CRMLS: IV17261033

    $595

    Price

  • Listing provided courtesy of CRMLS

    Studio 1 Bath. Typical move in cost; first month rent plus security deposit, Water, sewer & rubbish paid. Section 8 considered, YES, Very small pet considered with $300 additional deposit.

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Tax History for 987 Spruce St

Assessed Value (2020): $323,340
Year Land Value Improved Value Assessed Value
2020 $96,900 $226,440 $323,340

Home Value Compared to the Market

This property vs the competition

987 Spruce St is listed 31.31% 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 $396.83 per/sqft which puts the price per square foot 11.47% higher than the median price per square foot for the city of San Bernardino.

About 987 Spruce St

Detailed summary of property

987 Spruce St is a triplex located in San Bernardino, CA 92411 and is currently for sale. This triplex offers 5 bedrooms, 3 bathrooms, roughly 1,638 living square feet, and sits on an approximately 6,700 square foot lot. 987 Spruce St was first listed on ArdentRealEstateGroup.com on January 30, 2024. The homeowner is currently asking $650,000 and was originally asking $665,000. 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 31.31% higher than the median priced home. Local competing homes currently for sale include 2552 N California St, 2664 North Waterman and 938 E 2nd St. While the average home in San Bernardino, CA is selling in 51 days, 987 Spruce St has a days on market of 86 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 987 Spruce St 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 987 Spruce St

Public county record property details
Beds
2
Baths
1
Year built
1926
Sq. Ft.
836
Lot Size
6,700
Stories
1
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
--
APN
0138-142-02-0000

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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