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ActiveDuplex

243 E Olive

San Bernardino, CA, 92410

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$535,000

MLS: IG26148203

Beds

3

Baths

2

Sq Ft

1,490

Lot

0.15 ac

Year Built

1942

MLS #

IG26148203

Days on Market

36

Listed

Jul 8, 2026

Description

Fantastic Duplex Opportunity with Value-Add Potential in the Heart of San Bernardino! Don't miss this exceptional investment opportunity featuring a well-maintained duplex with room for future expansion on both units, offering incredible potential to increase living space, rental income, and long-term value. The front unit features 2 bedrooms, 1 bathroom, and approximately 798 sq. ft. of beautifully updated living space. Recent improvements include fresh interior paint, new flooring, updated kitchen cabinetry and countertops, and a tastefully renovated bathroom, creating a bright, modern, move-in-ready home.The rear unit offers 1 bedroom, 1 bathroom, and approximately 692 sq. ft., featuring a spacious living room and a functional floor plan that provides comfort and flexibility. With additional room to expand, this unit presents an exciting opportunity to maximize rental income or enhance future resale value. Whether you're looking to live in one unit and rent the other, accommodate extended family, or add a strong cash-flowing property to your investment portfolio, this duplex offers versatility and upside. The expansion potential for both units makes this a rare value-add opportunity for investors seeking to build equity and increase returns over time. Ideally located near shopping, dining, schools, and convenient freeway access, this property combines location, functionality, and future potential. Opportunities like this don't come around often—schedule your showing today!

Location

San Bernardino, San Bernardino County, CA 92410

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Listed by: Claudia Madrid · Tower Agency

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

$4,162

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $53,500 · Loan: $481,500

%

Average 30-yr fixed rate 6.69% as of Aug 6, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$3,104
Property tax (1.25%)
$557
Homeowners insurance
$300
Mortgage insurance
$201
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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 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 $18,725 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.

Similar Homes Nearby

Active and pending listings in ZIP 92410 (San Bernardino)within ±10% of this home's price and size.

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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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.