1125 East 40th, San Bernardino, CA 92404
1125 East 40th, San Bernardino, CA 92404
Property Description
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.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
San Bernardino · Single Family Residence
Listed 15.0% above the median closed sale of $605,000. Price per sqft ($388) is a 17% premium to closed comps ($332). Closed comps sold at 102% of list — strong seller's market.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 3883 Valencia Avenue | San Bernardino | 1974 | 3 | 2 | 1,764 | 10,000 | $340 | $599,000 | 29 | 78 |
| 3797 Jeffers | San Bernardino | 1978 | 4 | 2 | 1,830 | 15,660 | $380 | $695,000 | 74 | 71 |
| 1123 38th | San Bernardino | 1958 | 3 | 2 | 1,871 | 7,140 | $318 | $594,999 | 20 | 68 |
| 1768 Ralston Avenue | San Bernardino | 1963 | 4 | 3 | 2,334 | 10,608 | $269 | $629,000 | 10 | 65 |
| 1742 E Foothill Dr. | San Bernardino | 1961 | 3 | 2 | 1,975 | 15,200 | $329 | $650,000 | 60 | 62 |
| Total: 5 · Average | 3.4 | 2.2 | 1,954.8 | 11,721.6 | $327.2 | $633,599.8 | 38.6 | |||
| Median | 1,871 | $629,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1105 Ponderosa Drive | San Bernardino | 1972 | 08/20/2026 | 3 | 2 | 1,822 | 11,550 | $550,000 | $595,000 | $327 | 1.08 | 37 | 77 |
| 3968 Modesto | San Bernardino | 2007 | 09/18/2026 | 3 | 2 | 1,429 | 8,580 | $595,000 | $595,000 | $416 | 1.00 | 36 | 76 |
| 731 40th Street | San Bernardino | 1962 | 08/07/2026 | 4 | 2 | 1,764 | 7,200 | $629,900 | $629,000 | $357 | 1.00 | 52 | 74 |
| 528 Parkdale | San Bernardino | 1954 | 01/09/2026 | 3 | 3 | 2,327 | 12,420 | $675,000 | $675,000 | $290 | 1.00 | 56 | 63 |
| 3983 Oxford Ln | San Bernardino | 1962 | 12/10/2025 | 4 | 3 | 2,221 | 8,250 | $599,900 | $605,000 | $272 | 1.01 | 63 | 63 |
| Total: 5 · Average | 3.4 | 2.4 | 1,912.6 | 9,600 | $619,800 | $619,800 | $332.4 | — | 48.8 | ||||
| Median | 1,822 | $605,000 | $605,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.