1087 E 2nd Street
San Bernardino, CA, 92408
$617,000
Original list price: $629,000
MLS: SR26063166
Beds
5
Baths
2
Sq Ft
1,850
Lot
0.23 ac
Year Built
1950
MLS #
SR26063166
Days on Market
51
Listed
Mar 23, 2026
Description
PRICE REDUCTION! Rare opportunity- two separate houses on a gated 10,000 sq ft lot-- separate gas and electric service, private front and back yards, and endless potential. Both houses are in move-in condition, in a high-demand rental market. The front home (1087 E. 2nd St.) is a 2-bedroom, 1 bath, with a large, finished attic, including new a/c unit and carpeting. The main level features new vinyl plank wood flooring, new faux wood blinds, ceramic tiled kitchen floors, updated bathroom, laundry hookups in the enclosed rear porch area, and newer interior and exterior paint. The rear home (1089 E. 2nd St.) is a single-story 3-bedroom, 1-bath, with new vinyl plank wood flooring throughout, faux wood blinds in living room and dining area, granite kitchen countertops, and new interior and exterior paint. This home includes an attached one-car garage with laundry hookups. Don't let this opportunity pass you by!
Location
San Bernardino, San Bernardino County, CA 92408
Open on Google Maps ↗Listed by: Steven Marquez · Real Estate Source, Inc.
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$4,754
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $61,700 · Loan: $555,300
Average 30-yr fixed rate 6.69% as of Aug 6, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,580
- Property tax (1.25%)
- $643
- Homeowners insurance
- $300
- Mortgage insurance
- $231
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 Aug 6, 2026
- 30-year fixed
- 6.69%
- 15-year fixed
- 6.01%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
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 $21,595 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.
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Local Market Stats
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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
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