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1737 N Waterman — San Bernardino | Belmont Brokerage | Belmont Brokerage

ActiveUnderContract

+8 more

$375,000

28 DOM

— bd— ba— sqft

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1737 N Waterman San Bernardino, CA 92404

7,500sqft lot

Opportunity knocks with this versatile property in the heart of San Bernardino! This single-story home features 3 bedrooms, 2 bathrooms, and nearly 1,000 sq. ft. of comfortable living space, all situated on a spacious and flat 7,500 sq. ft. lot. Recently enhanced with a newer detached one-car garage built just a few years ago, this property offers added functionality and value. The expansive lot provides ample parking, storage, or future expansion potential. Zoned for commercial use (CO - Commercial Office), this property presents a unique opportunity for a variety of uses—ideal for a small business, live/work setup, or as an income-producing investment. Whether you're looking to operate a business, expand your portfolio, or enjoy a conveniently located home with upside potential, this property delivers flexibility and long-term value. Conveniently located near major streets, shopping, and amenities, this is a rare chance to own a property with both residential comfort and commercial possibilities. Don’t miss out on this exceptional opportunity!

MLS IG26059644

909-797-4133 (Office) 909-307-5665 (Cell) brandon.mihld@me.com

Est. payment

$2,396/mo

Principal & interestTaxesInsurance

$1,896$391$109

Down %

Rate %

Years

Down payment: $75,000 · Total cost: $757,633

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$2,396/mo

Principal & interest: $1,896
Est. property tax: $391
Est. insurance: $109
Down payment: $75,000

Est. gross rent$1,563/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-833/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Mar 18, 2026	$395,000	—

Facts & Features

Transaction Data

▼Price Reduced from $395,000 (−$20,000)

Structure & Property

Year Built1939

909-797-4133 (Office) 909-307-5665 (Cell) brandon.mihld@me.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

1737 N Waterman, San Bernardino, CA 92404

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Call

1737 N Waterman San Bernardino, CA 92404

About this home

BRANDON MIHLD

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

BRANDON MIHLD

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

1737 N Waterman, San Bernardino, CA 92404

About This Property

Property Photos

1737 N Waterman San Bernardino, CA 92404

About this home

BRANDON MIHLD

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

BRANDON MIHLD

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.