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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.
Full Property Details
Full Property Details for 1125 E 40th
General
- Price: $746,000
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: TR26074983
- Updated: 4/9/2026
- Days on Market: 1 days
- Added to Site: 2 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Garage
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: San Bernardino
- Driving Directions: From FWY 210 take exit at Waterman Ave, go north toward the mountains, turn right 40th st.
School Information
- School District: San Bernardino City Unified
Community
- Community Features: Suburban
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Single Family Residence
- Common Walls: No Common Walls
- Entry Location: Front door
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,796
- Sq. Ft. Source: Assessor
- Year Built: 1912
- Year Built Source: Assessor
Lot Features
- Property View: None
- Lot Size (Acres): 2.077
- Lot Size (Sq. Ft.): 90,475
- Lot Size Source: Assessor
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $415.37
Disclosures and Reports
- Special Conditions: Standard
Listed by Masterpiece Realty, Stephanie Loekman
Get Pre-Approved Today
Schools
Schools serving 1125 E 40th
School District:San Bernardino City Unified School District
| Name | Grades | Distance |
|---|---|---|
Del Rosa Elementary School 3395 N. Mountain Ave., San Bernardino, CA 92404 | K-6 | 1 mi |
Pacific High School 1020 Pacific Street, San Bernardino, CA 92404 | 9-12 | 2.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1125 E 40th
Date
Details
Price
Change
Source
4/08/2026
Listed
$746,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1125 E 40th
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,313
2%
$251,712
2%
2024
$3,244
3%
$246,777
2%
2023
$3,163
—
$241,938
2%
2022
$3,168
—
$237,194
2%
2021
$3,173
—
$232,543
1%
2020
$3,180
3%
$230,159
2%
2019
$3,087
1%
$225,646
2%
2018
$3,052
3%
$221,221
2%
2017
$2,958
3%
$216,883
2%
2016
$2,869
3%
$212,630
2%
2015
$2,772
3%
$209,436
2%
2014
$2,695
-2%
$205,334
—
2013
$2,743
—
$204,406
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1125 E 40th
1125 E 40th, San Bernardino, CA 92404 (MLS# TR26074983) is a Single Family property with 3 bedrooms and 1 full bathroom. 1125 E 40th is currently listed for $746,000 and was received on April 08, 2026. Want to learn more about 1125 E 40th? Do you have questions about finding other Single Family real estate for sale in San Bernardino? You can browse all San Bernardino real estate or contact a Coldwell Banker agent to request more information.

