
San Bernardino, California 92404
This triplex represents a High-Potential Investment Opportunity, listed at a List Price of $579,000—positioned slightly above the $564,370 Fair Market Value. Despite the premium, the property offers significant stability with long-term tenants and a Condition Rating of 3, featuring modern interior updates. The expansive 9,300 sqft lot provides a clear path for density expansion, including potential for a fourth unit. With three individual garages and stable cash flow, this asset is an ideal acquisition for Buy-and-Hold Investors or Portfolio Diversifiers seeking reliable rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1543 Sepulveda Subject 0 bd · 0 ba · 1,725 sqft · $328 | $579,000* List Price | 0 | 0 | 1,725 | $328 | - |
A 2165 Sepulveda Active 4 bd · 2 ba · 1,715 sqft · $327 · 0.5 mi | $560,000 List Price | 4 | 2 | 1,715 | $327 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1952, the interior shows clear signs of a renovation within the past 5 to 15 years. The kitchen has been updated with modern white shaker cabinets, contemporary countertops, and updated vinyl plank flooring, making the units functional and move-in ready for tenants.
The expansive 9,300 sqft lot offers a significant value-add opportunity with the potential to add a fourth unit, maximizing the property's density and rental income.
The property features long-term, stable tenants, providing an immediate and reliable cash flow for investors looking for a low-turnover asset.
Unlike many multi-family properties, this triplex includes three individual garages plus ample onsite parking, a highly desirable feature for attracting and retaining quality tenants.
Originally built in 1952, the property may require more frequent maintenance or capital expenditures for aging systems compared to newer construction.
The uniform 1-bedroom, 1-bathroom configuration limits the tenant pool to individuals or couples, potentially restricting the property's appeal to larger households.
Great opportunity in the heart of San Bernardino. This well-appointed 3-unit property features 3 1 bed 1 bath units with an enormous lot. Each unit features spacious kitchen, bathroom with tub, washer and dryer room, large living room, and well a apportioned bedroom. The property also features plenty of onsite parking and 3 1 car garages, 1 for each unit. This property may have potential to add another separate unit in the back making this a 4 unit property, prospective buyers to investigate. Do not miss out on this great property, tenants are stable and are long term!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.3 |
| Baths | 0.0 | 2.7 |
| Square foot | 1,725 | 1,871.438 |
| Lot Size | 9,300 | 7,757.938 |
| Price | $579.0K | $669.3K |
| Price per sq ft | $336 | $318 |
| Built year | 1952 | 1948 |
| HOA | $0 | $0 |
| Days on market | 37 | 63 |
Sep 17, 2026
$579,000
Initial Listing
Nov 18, 2019
$335,000
Public Record
Jun 30, 2016
$227,500
Public Record
Mar 31, 2003
$145,000
Public Record
Jan 27, 2000
$82,500
Public Record