Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

1025 N Tippecanoe

San Bernardino, CA, 92410

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$215,000

MLS: IV26046770

Beds

2

Baths

2

Sq Ft

906

Lot

0.02 ac

Year Built

1987

MLS #

IV26046770

Days on Market

4

Listed

Mar 3, 2026

Description

Here’s a clean, professional MLS-style property description you can use for your listing. I wrote it in a way that appeals to both investors and owner-occupants while highlighting the tenant situation. Investment Opportunity in San Bernardino – Tenant Occupied Condo Welcome to this well-maintained 2-bedroom, 2-bathroom downstairs condo located in the city of San Bernardino. This convenient ground-level unit offers comfortable living with a functional layout and easy access—no stairs required. The condo features a spacious living area, two generously sized bedrooms, and two full bathrooms, providing flexibility for comfortable everyday living. The downstairs location offers added convenience and accessibility, making it appealing to a wide range of occupants. Great opportunity for investors: the property is currently tenant-occupied, and the tenants would like to remain, offering the potential for immediate rental income and a smooth transition for the new owner. Located near shopping, dining, schools, and major commuter routes, this condo offers both convenience and long-term rental appeal. Whether you're looking to expand your investment portfolio or secure a low-maintenance property in the Inland Empire, this San Bernardino condo presents a strong opportunity.

Location

San Bernardino, San Bernardino County, CA 92410

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Listed by: REGINALD BUSKEY · BUSKEY TEAM REAL ESTATE

Payment estimate

$1,793

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $21,500 · Loan: $193,500

%
Principal & Interest
$1,189
Property tax (1.25%)
$224
Homeowners insurance
$300
Mortgage insurance
$81
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this San Bernardino home with as little as 3.5% down using an FHA loan — roughly $7,525 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See San Bernardino, CA 92410 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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