
San Bernardino, California 92405
Excellent investment opportunity in San Bernardino! This well-maintained, gated 6-unit multifamily property features a desirable unit mix of five 1-bedroom units and one spacious 3-bedroom unit. The units have been updated with newer windows and flooring, along with updated kitchens and bathrooms. Each unit also features its own air conditioning unit, providing an added amenity for tenants. The property offers ample on-site parking with five garage spaces plus one carport space. A centrally located grass area provides residents with shared outdoor space and adds to the appeal of the property. With an established rental history and numerous property improvements already completed, this property provides an excellent opportunity to generate rental income while offering continued potential for long-term value appreciation.
Property is new construction or fully renovated.
Although originally built in 1934, the property has undergone a comprehensive recent renovation within the last 5 years. The interiors feature brand-new stainless steel appliances (some still with factory stickers), newly updated kitchens and bathrooms with modern tiling and vanities, new flooring, newer windows, and individual air conditioning units, leaving it in mint, move-in-ready condition with no immediate maintenance required.
The property features significant recent updates including newer windows, flooring, and remodeled kitchens and bathrooms, reducing immediate capital expenditure requirements for an investor.
Rare for a multi-unit property, this gated site offers five garage spaces and one carport, providing high-value parking utility and enhanced security for tenants.
The combination of five 1-bedroom units and one spacious 3-bedroom unit, all equipped with individual air conditioning, caters to a diverse tenant base and maximizes rental appeal.
Built in 1934, the property may possess aging underlying systems such as plumbing or electrical that could require more frequent maintenance compared to modern builds.
A recent price reduction of over 8% from the original list price suggests initial overvaluation or a cooling in local buyer demand for this specific asset class.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 1.5 |
| Baths | 0.0 | 1.0 |
| Square foot | 3,640 | 524 |
| Lot Size | 13,125 | 13,042.333 |
| Price | $1.05M | $528.0K |
| Price per sq ft | $288 | $149.0K |
| Built year | 1934 | 1937 |
| HOA | $0 | $0 |
| Days on market | 53 | 235 |
Oct 16, 2026
$1,050,000
$1,120,000
-6% Price Drop
Initial Listing
Sep 26, 2026
$1,120,000
$1,225,000
-9% Price Drop
Initial Listing
Sep 1, 2026
$1,225,000
Initial Listing
Feb 3, 2025
$980,000
Public Record
Dec 8, 2015
$250,000
Public Record
Dec 8, 2015
$215,000
Public Record
Feb 27, 2009
$125,000
Public Record
Jul 22, 2005
$575,000
Public Record
Sep 11, 1996
$80,000
Public Record