2169 Sunrise Lane, San Bernardino, California 92404, San Bernardino, 92404 - bed, bath

2169 Sunrise Lane, San Bernardino, California 92404 home-pic-0
ACTIVE$1,125,000
2169 Sunrise Lane, San Bernardino, California 92404
0Bed
0Bath
4,260Sqft
9,761Lot
Year Built
1963
Close
-
List price
$1.13M
Original List price
$1.25M
Price/Sqft
$264
HOA
-
Days on market
-
Sold On
-
MLS number
IG25255003
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.12M(86th), sqft - 4260(86th), beds - undefined(50th), baths - undefined(50th).

Welcome to a rare investment opportunity at 2169 Sunrise Lane in San Bernardino, California. This spacious quadruplex features four separate units, each offering three bedrooms and two bathrooms, designed for strong rental potential and long-term value. Two units are currently rented, one is vacant, and one is in the process of renovation, giving you flexibility to finish upgrades at your own pace while maintaining some income. Each unit is being updated with modern finishes to increase rental value and attract quality tenants. With all four units offering similar layouts, this property is easy to manage and provides a balanced investment opportunity whether you are a first-time multi-unit buyer or an experienced investor. The lot spans nearly 10,000 square feet, providing generous outdoor space and parking options for tenants. Located in the desirable San Gorgonio neighborhood of San Bernardino, this property sits near schools, parks, and major commuter routes. Nearby you’ll find Emmerton Elementary School, Perris Hill Park, and convenient access to the 210 Freeway, making it an ideal location for tenants who work locally or commute to nearby cities. Residents also enjoy proximity to shopping centers, restaurants, and recreation spots like Arrowhead Country Club and Blair Park, which help drive steady rental demand in the area. The surrounding community continues to see growth and revitalization, creating significant upside potential for investors. With two of the units nearing completion on their updates, buyers have an opportunity to increase cash flow immediately after purchase while adding value through the remaining renovations. This property can be financed using FHA or VA loans with some limitations. FHA financing allows for up to four units under one roof, provided the buyer occupies one of the units as a primary residence. VA loans also permit multi-unit properties under similar terms for qualified veterans. Because two of the units are still under renovation, buyers should confirm completion timelines and occupancy requirements with their lender to ensure loan eligibility. Whether you are looking for a multi-unit property to live in while generating rental income or seeking a high-potential addition to your portfolio, 2169 Sunrise Lane represents a solid investment in an area with growing rental demand. Don’t miss the chance to own a well-positioned asset with strong returns and long-term appreciation potential.

Price History

Date
Event
Price
12/19/25
Price Change
$1,125,000-6.3%
12/12/25
Price Change
$1,200,000-4.0%
11/06/25
Listing
$1,250,000
01/21/09
Sold
$150,000
11/07/05
Sold
$604,000
06/23/04
Sold
$450,000
10/08/03
Sold
$320,000
09/18/02
Sold
$246,000
Condition Rating
Fair

The property was built in 1963, making it over 60 years old. While the listing states units are 'being updated with modern finishes' and images show recent, budget-friendly renovations in kitchens (white shaker cabinets, dark countertops, subway tile, newer black appliances) and bathrooms (new vanities, tiled showers), several elements remain dated. These include popcorn ceilings, large square tile flooring throughout, and basic light fixtures (one bedroom shows exposed wires, indicating incomplete work). The exterior also shows its age with security bars. The property is functional and has received some attention, but the renovations are not comprehensive or high-end, and are explicitly stated as 'nearing completion' or requiring 'remaining renovations,' preventing it from being considered 'Good' or 'Excellent.' It's an aged home with some functional updates, but not a full modern overhaul.
Pros & Cons

Pros

Strong Income Potential: This quadruplex offers four units, with two already rented, providing immediate cash flow and robust rental income potential for investors.
Significant Value-Add Opportunity: With one unit vacant and another undergoing renovation, the property presents a clear opportunity for the buyer to complete upgrades, increase rental value, and maximize returns.
Desirable & Growing Location: Located in the San Gorgonio neighborhood, the property benefits from proximity to schools, parks, major commuter routes (210 Freeway), and amenities, driving steady rental demand and long-term appreciation.
Generous Lot Size: The nearly 10,000 square foot lot provides ample outdoor space and parking options, a significant advantage for a multi-unit property that enhances tenant appeal.
Flexible Financing Options: The property is eligible for FHA and VA loans (with owner-occupancy), broadening the pool of potential buyers to include first-time multi-unit investors and qualified veterans.

Cons

Incomplete Renovations: Two of the four units are still under renovation, requiring additional capital investment, time, and oversight from the buyer to bring them to full rental readiness and maximize income.
Owner-Occupancy for Key Financing: While FHA/VA eligible, these loan types typically require the buyer to occupy one of the units, which may not align with all investors' strategies for a purely passive income property.
History of Price Reductions: The property has undergone multiple price reductions since its initial listing, which could indicate an initial overpricing or a slower market response, potentially affecting perceived value.

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