2523 Ogden Street 1-4, San Bernardino, California 92407, , 92407 - bed, bath

2523 Ogden Street 1-4
San Bernardino, California 92407
Property Price
SUMMARY
Analysis of 2523 Ogden Street 1-4, San Bernardino, California 92407 is currently available with a list price of $1,180,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Bernardino Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation that brings it to like-new condition. Key upgrades include a brand-new roof, updated electrical panels, and 13 newly installed split HVAC systems. The interiors feature modern open-floor plans with new wood-look tile flooring, contemporary kitchens with shaker cabinets and stone countertops, and fully remodeled bathrooms with designer tile work and new fixtures.
PROSSTRENGTHS & OPPORTUNITIES
- High Investment Yield
The property boasts a strong 7.126% cap rate, offering immediate and attractive cash flow for investors compared to many Southern California market averages.
- Extensive Capital Improvements
Significant recent upgrades including a brand-new roof, updated electrical panels, and 13 new split HVAC systems significantly reduce the need for near-term capital expenditures.
- Expansive Lot and Private Amenities
Situated on over 28,000 SF, each unit features its own private front and back yards, providing a rare single-family feel that attracts and retains high-quality tenants.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =28600, other record lot size in square feet = 8250.
- Vintage Construction
Originally built in 1949, the property may harbor legacy structural or plumbing components typical of older buildings that were not explicitly mentioned as replaced.
- Management Intensity
Maintaining four separate units with individual yards and 13 different HVAC split systems requires more intensive property management and oversight than a centralized apartment complex.
About 2523 Ogden Street 1-4
Fully Upgraded 4-Unit Investment Opportunity – Now Offering 7.56% Cap Rate. Seller has provided a major price reduction, significantly improving the return and positioning this property at an attractive 7.56% cap rate. This exceptional turnkey four-plex offers strong cash flow and extensive recent upgrades, situated on a spacious 28,000+ SF lot in Muscoy, a safe North San Bernardino community with high tenant demand. The property consists of three spacious 2-bedroom/1-bath units and one large 3-bedroom/2-bath unit, all designed with functional layouts and modern open-floor-plan interiors that tenants appreciate. This asset has undergone substantial capital improvements, including new electrical panels, four individual electrical meters, brand-new reroofing, and 13 newly installed split HVAC systems, with A/C units placed in individual rooms for enhanced comfort and efficiency. Durable tile flooring throughout minimizes future maintenance and supports long-term ownership stability. Each unit offers a private front yard and fenced backyard, in-unit washer and dryer hookups, and ample on-site parking, amenities that consistently attract quality tenants. Rental demand is extremely strong; Unit #2 was recently rented within just three days of listing, demonstrating the property’s desirability and ease of leasing. Current rents remain below market levels, providing clear upside potential for future increases. Tenants enjoy the open layouts, private outdoor spaces, and modern HVAC systems, making this a competitive and desirable rental asset. With a newly improved 7.56% cap rate, stabilized occupancy, major system upgrades completed, and a large lot offering long-term value, 2523 Ogden Street presents a rare low-maintenance investment opportunity with immediate income and strong future growth potential.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1949
- Lot Size
- 28,600 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,952 | 2,952 | 50% |
| Lot Size | 28,600 | 22,207 | 60% |
| Price | $1.18M | $590.0K | 80% |
| Price per sq ft | $400 | $295 | 80% |
| Built year | 1949 | 1952 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 138 | 20% |
Pricing History
Listed for Sale
Feb 28, 2026
$1,180,000
$1,249,000
-6% Price Drop
Initial Listing
Price Change
Feb 12, 2026
$1,249,000
Initial Listing






























