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490 S Pershing Ave , San Bernardino, CA 92408
$499,999
Est. Payment: $2,648.32/mo
1 Bed
4 Bath
1800 Sqft
Status: Active | Days on site: 6
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51498 - C15238
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Chris Heller
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House Description

Prime investment opportunity on a prominent corner lot near Mill Street and Pershing. This four-unit property offers exceptional upside for an investor, developer, or owner-user seeking a high-visibility location with flexible future potential. Originally configured as four individual 1-bedroom, 1-bathroom units with open living areas, the building has been taken down to the studs/shell and is ready for a complete reimagining. The property has been vacant for several years, presenting a rare opportunity to restore the original residential layout or transition to commercial use, subject to zoning, approvals, and buyer due diligence. Surrounded by residential properties on one side and commercial uses on the other, this location offers strong redevelopment potential. Ample on-site parking adds convenience for future tenants, customers, or visitors. Access is limited due to the current condition. Bring your vision and unlock the possibilities of this strategically located corner-lot property.
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Highlights

Listed by Annette Fraley , 626-926-2971 SYNERGY ONE REAL ESTATE SVCS. , 951-395-8858. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.19

Year Built

1933

County

San Bernardino

Area

274 - San Bernardino

Listing ID

CV26171332

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:
Floor:Vinyl
Other:
  • ▪ Additional:All Bedrooms Down
Water:Public

Exterior Features

Lot:2-5 Units/Acre,Corner Lot,Rectangular Lot,Yard,No Land Lease
Garage Capacity:0
Zoning:COMMERCIAL
Others:
  • ▪ Additional:Fixer, Repairs Major, Under Construction, 2+ Total Units
Sewer:Unknown
Parking Features:Driveway,Uncovered
Principal Interest
$2,648
Taxes
$319

Home Price

$499,999

Loan Details

30 yrs
6.952%

Down Payment

20%
$100,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,648.32

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,648.32 $318.75 $0.00 $2,967.07
Yearly $31,779.87 $3,824.99 $0.00 $35,604.86
Total $953,396.11 $114,749.77 $0.00 $1,068,145.89

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Market insight data is pulled from the same city as the listing being viewed (San Bernardino, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T23:07:30.000Z

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