Single-Story Live-Work
1737 N Waterman San Bernardino, CA 92404
1737 N Waterman, San Bernardino, CA, 92404
$375,000
Pending
For Sale
$375,000
Pending
SINGLE_FAMILY - San Bernardino, CA
Property Size1,000 SF
Lot Size0.17 Acres
Days on Market122
Property Features for 1737 N Waterman
General Information
- Property type
- Residential
- Property subtype
- Office
- Fencing
- Chain Link
- Standard status
- Pending
- APN
- 0147041300000
- Lot size
- 0.17 Acres
Utilities
- Cooling system
- Evaporative Cooling
Building Details
- Year built
- 1939
Listing Agency
RE/MAX ADVANTAGE
(909) 797-4133
33733 Yucaipa Blvd., Suite 11, CA
Listed by
BRANDON MIHLD · License #01968068
(909) 709-9841
Added: Mar 18 Checked: Jul 17 at 5:06 pm
MLS# IG26059644
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This single-story home offers 3 bedrooms and 2 bathrooms with nearly 1,000 square feet of living space. A newer detached one-car garage, built a few years ago, adds practical storage and/or parking functionality. The property sits on a spacious, flat 7,500 square foot lot that can support everyday parking and storage, with room for future expansion considerations.
The property is zoned for commercial use under CO (Commercial Office). It’s positioned conveniently near major streets, shopping, and amenities, providing flexibility for a range of live/work or small-business configurations, as well as an income-producing investment approach.
The property is zoned for commercial use under CO (Commercial Office). It’s positioned conveniently near major streets, shopping, and amenities, providing flexibility for a range of live/work or small-business configurations, as well as an income-producing investment approach.
Key Highlights
- Single‑story home built in 1939 with 3 bedrooms and 2 bathrooms
- Nearly 1,000 sq. ft. of living space on a flat 7,500 sq. ft. lot
- Zoned CO – Commercial Office, offering residential and commercial‑use flexibility
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.2k | $25.20 |
| − Vacancy | −$2.4k | −$2.39 |
| EGI | $22.8k | $22.81 |
| − OpEx | −$5.7k | −$5.70 |
| NOI | $17.1k | $17.10 |
1,000 SF · lease $25.20/SF/yr · vacancy 9.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$244.4K
$213.8K – $285.1K
NOI $17,105 @ 7.0% cap · market cap 4.56%
Second Best
Mixed Use
$219.2K
$191.8K – $255.8K
NOI $15,345 @ 7.0% cap · market cap 4.09%
Theoretical Best
Office A
$301.2K
$263.5K – $351.4K
NOI $21,082 @ 7.0% cap · market cap 5.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - Single-story residence with 3 bedrooms and 2 bathrooms, plus a newer detached one-car garage on commercially zoned land.
Where is this single family property located?
The property is located at 1737 N Waterman San Bernardino, CA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Single‑story home built in 1939 with 3 bedrooms and 2 bathrooms; Nearly 1,000 sq. ft. of living space on a flat 7,500 sq. ft. lot; Zoned CO – Commercial Office, offering residential and commercial‑use flexibility
