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- Listed price
- $696,000
- Listed Apr 8, 2026 · $388/sq ft
- Last sold price
- No recorded sale
3 beds|1 ba|1,796 sqft|90,475 sqft lot|1912 Built|50 days listed
1125 E 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.
Listing agent: Stephanie LoekmanDRE #02125011stephanie@loekman.com, Listing office: Masterpiece Realty
MLS data updated 10/17/2026, 12:23:15 AM PT
Source: CRMLSMLS #: TR26074983
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Latest asking price$696,000
May 28, 2026
Available records22026
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$696,000Asking price recorded · May 28, 2026ZIP 92404 · May 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsApr 8, 2026 – May 28, 2026
ZIP 92404 · same property typeLoading eligible closed sales…
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.