
San Bernardino, California 92405
Exceptional investment opportunity! This beautiful 10-unit apartment building offers an attractive combination of strong rental appeal and low operating expenses. Ideally located near schools, shopping, dining, and convenient freeway access, the property is well-positioned to attract and retain tenants. The community features an enclosed underground pool, and on-site laundry facilities. With its desirable location, useful amenities, and solid investment fundamentals, this is a rare opportunity to acquire a quality multifamily asset. Properties like this do not come on the market often, don't miss the chance to add this outstanding income-producing property to your portfolio.
Property is extensive renovation needed.
Built in 1960 (64 years old) with no mention of recent renovations to kitchens, baths, or systems. Exterior images show signs of deferred maintenance, including exposed wiring and weathered structural elements, indicating the property likely requires a significant rehab to meet modern standards.
This 10-unit multifamily asset provides significant scale for investors, offering a strong income-producing foundation with the benefit of shared operating expenses.
The inclusion of an enclosed underground pool and on-site laundry facilities distinguishes this property from standard apartment blocks, aiding in tenant retention and rental premiums.
Centrally located near schools, shopping, and freeway access, the property is positioned in a high-demand area that ensures a consistent pipeline of prospective tenants.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 9151, other record living area = 1691.
Built in 1960, the property likely requires ongoing capital improvements and maintenance to address aging systems such as plumbing, electrical, and roofing.
While a draw for tenants, an underground pool represents a higher insurance liability and consistent specialized maintenance expense for the owner.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 1.5 |
| Baths | 0.0 | 1.0 |
| Square foot | 9,151 | 524 |
| Lot Size | 18,900 | 13,042.333 |
| Price | $1.90M | $528.0K |
| Price per sq ft | $208 | $149.0K |
| Built year | 1960 | 1937 |
| HOA | $0 | $0 |
| Days on market | 94 | 235 |
Jul 22, 2026
$1,900,000
Initial Listing