
San Bernardino, California 92405
This 1930-built quadruplex represents a High-Potential Investment Opportunity, currently listed at a List Price of $825,000. With a Fair Market Value of $787,319, the property is priced above market, requiring a strategic approach to long-term yield. Featuring a Condition Rating of 5, the asset offers immediate cash flow in a high-demand rental corridor, though it necessitates capital expenditure to modernize aging infrastructure. This is a stable, income-generating Buy-and-Hold Asset ideal for Value-Add Investors or experienced landlords seeking to capitalize on consistent rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1410 N G Street Subject | $825,000* List Price | 0 | 0 | 3,263 | $241 | - |
A 1525 N Arrowhead Avenue Sold | $767,000 | 0 | 0 | 3,108 | $247 | 0.6 mi |
B 1415 N Sierra Sold | $648,000 | 0 | 0 | 2,496 | $260 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1930 (96 years old) and the listing provides no evidence of recent major renovations, placing it well beyond the 30-year threshold for poor condition. Exterior visuals show window AC units, indicating a lack of modern central HVAC systems, and the age suggests likely outdated electrical and plumbing systems requiring significant rehab.
The property is currently fully occupied, allowing an investor to generate rental income immediately upon acquisition without the risk of initial vacancy.
Situated in a high-demand area near schools, dining, and local landmarks like San Manuel Stadium, ensuring a consistent pool of potential tenants.
As a quadruplex, the property offers diversified income streams while still qualifying for favorable residential financing options compared to larger commercial complexes.
Built in 1930, the property's age may necessitate higher maintenance costs and potential capital expenditures for updating older plumbing, electrical, or structural systems.
The significant jump from the 2015 sale price of $350,000 to the current $825,000 list price may result in a lower capitalization rate if rental increases have not kept pace.
This summer do not miss this exceptional opportunity to purchase a fully occupied 4-unit multi-family residence in the city of San Bernardino. Located in a high rental demand area. Notable locations nearby include Rileys Preparatory Academy, Franks Burger's, the Purple Lounge, San Manuel Stadium and the Historic Original McDonald's Museum.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,263 | 2,580 |
| Lot Size | 6,750 | 10,617 |
| Price | $825.0K | $618.7K |
| Price per sq ft | $253 | $295 |
| Built year | 1930 | 1955 |
| HOA | $0 | $0 |
| Days on market | 37 | 102 |
Jun 15, 2026
$825,000
Initial Listing
Jan 21, 2015
$350,000
Public Record
Oct 12, 2012
$235,000
Public Record
Dec 26, 2002
$185,000
Public Record
Dec 3, 2001
$20,000
Public Record