2169 Sunrise Lane, San Bernardino, California 92404, San Bernardino, 92404 - 0 bed, 0 bath
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San Bernardino, California 92404
This Value-Add Quadruplex represents a strategic income asset listed at $1,125,000, positioned near its $1,094,914 Fair Market Value. Currently maintaining a Fair Condition Rating, the property features four spacious 3-bedroom units and a private patio on a generous 9,761 sqft lot. With two units occupied and one undergoing modern updates, the asset offers immediate cash flow plus significant upside through forced appreciation. Located minutes from Emmerton Elementary School and the 210 Freeway, it is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility house hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2169 Sunrise Lane Subject | $1,125,000* List Price | 0 | 0 | 4,260 | $257 | - |
A 2194 Sunrise Lane Pending | $877,500 List Price | 0 | 0 | 3,648 | $241 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
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.
This quadruplex offers four units, with two already rented, providing immediate cash flow and robust rental income potential for investors.
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.
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.
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.
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.
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.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 2.0 | 50% |
| Baths | 0.0 | 1.5 | 50% |
| Square foot | 4,260 | 2,804 | 75% |
| Lot Size | 9,761 | 10,410.5 | 50% |
| Price | $1.12M | $685.0K | 75% |
| Price per sq ft | $264 | $254 | 50% |
| Built year | 1963 | 1952 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 167 | 232 | 25% |
Dec 19, 2025
$1,125,000
$1,200,000
-6% Price Drop
Initial Listing
Dec 12, 2025
$1,200,000
$1,250,000
-4% Price Drop
Initial Listing
Nov 6, 2025
$1,250,000
Initial Listing
Jan 21, 2009
$150,000
Public Record
Nov 7, 2005
$604,000
Public Record
Jun 23, 2004
$450,000
Public Record
Oct 8, 2003
$320,000
Public Record
Sep 18, 2002
$246,000
Public Record