Price cut
$696,000
3 bd · 1 ba · 1,796 sqft · 2.08 acre lot
1125 E 40th St, San Bernardino, CA 92404
Single family · Built 1912 · $388/sqft ·
$4,263/mo est. payment
- Garage
- 2 cars
- Stories
- 1
Flood factor 1/10
About this home
Prime San Bernardino Investment Opportunity - Dual Parcel with Subdivision Potential Rare Multi-Lot Opportunity! Discover a unique real estate prospect in an established San Bernardino neighborhood. This sale of a current rental property includes two adjacent parcels (APN: 0155-461-23 and 0155-461-24), offering a variety of development potential. The combined acreage and dual-parcel configuration present a compelling possibility to subdivide the land. This could allow for additional residential units. While the layout is ideal for expansion or subdivision, prospective buyers are advised to confirm all zoning, lot line adjustments, and building requirements directly with the City of San Bernardino. Conveniently located near the 210 and 215 freeways, and just minutes from local schools, shopping, and Wildwood Park. Whether you intend to renovate the existing home while developing the second lot, or explore a full subdivision project, this dual-lot offering is a standout for those looking to maximize their return on investment in a high-demand area.
Facts and features
Bedrooms
- Bedrooms: 3
- Bedrooms On Main Level: 3
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathrooms On Main Level: 1
Other Rooms
- All bedrooms down
Appliances
- Laundry Features: In Garage
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Central
- Heating: Yes
Land Info
- Additional Parcels Description: 0155461240000
- Additional Parcels: No
- Land Lease: No
- Lot Description: 2-5 Units/Acre
- Lot Size Acres: 2.077
- Lot Size Source: Assessor
- Lot Size Square Feet: 90475
Garage and Parking
- Garage Spaces: 2
- Garage Description: 1
- Parking Total: 2
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Schools
- 4
Del Rosa Elementary School
elementary · K-6 · 1.0 mi
- 2
Del Vallejo Middle School
middle · 6-8 · 1.6 mi
- 5
Pacific High School
high · 9-12 · 2.4 mi
Del Rosa Christian School
elementary · PK-5 · 0.4 mi
- 5
Parkside Elementary School
elementary · K-6 · 0.9 mi
- 7
Golden Valley Middle School
middle · 6-8 · 0.9 mi
Price history
- May 29, 2026 · Price Changed$696,000
- Apr 9, 2026 · Listed$746,000
- Apr 9, 2010 · Sold$205,000
- Apr 3, 2010 · Price Changed$250,000
- Nov 30, 2009 · Listed$300,000
Tax history
- 2025$3,313 tax · $256,746 assessed
- 2024$3,244 tax · $251,712 assessed
- 2023$3,162 tax · $241,938 assessed
- 2022$3,167 tax · $237,194 assessed
- 2021$3,172 tax · $232,543 assessed
- 2020$3,180 tax · $230,159 assessed
- 2019$3,086 tax · $225,646 assessed
- 2018$3,051 tax · $221,221 assessed
Home value
$689,000
- Collateral Analytics$689,000
- Quantarium$694,120
- Cotality$663,000
Where it is
Listed by Stephanie Loekman · Masterpiece Realty · CRMLS
