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$550,000

Beds
2
sq ft
1,206

938 E 2nd St, San Bernardino, CA 92408

938 E 2nd St

San Bernardino, CA 92408

  • 57 days on market
Investor's Dream - Prime San Bernardino Duplex with Dual 1bd/1ba Units. Each unit brings in $1350 market value $1,500. Impeccably maintained property with reliable income from occupied units. Conveniently located near San Bernardino Airport. Cozy floor plan, private yard, and dual driveways for tenant convenience. Don't miss this high-potential income opportunity in San Bernardino.

Details

Property type

Est. home value

$560,116

Property condition

Updated/Remodeled

Lot size

9,400 sq ft

Price per sq ft

$457

Year built

1978

HOA

No

Price History

09/27/2024
CLAW

CLAW #24446103

Listed
$550,000
-1.79%
08/09/2024
CLAW

CLAW #24371141

Removed
$560,000
03/30/2024
CLAW

CLAW #24371141

Listed
$560,000
+1.82%

Schools & Community

Neighborhood: 

International

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$131,321
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$374,679
Cash to seller
$131,321

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Ocmbc Inc

Loan start date

May 2022

Original loan amount

$392,000

Est. remaining balance

$374,679

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

Armen Megerdchian and Adrineh Charmahali

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/24/2024 at 6:05 AM

Listing updated: 10/05/2024 at 8:20 AM

Listed by: Shahnaz Kafader, eXp Realty of Southern California, Inc. Phone #: (888) 294-1415

MLS: CLAW #24446103

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