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188 E 11th Street , 1-4

San Bernardino, CA 92410
  • $798,000
  • STATUS: Active
  • ON SITE: 32 Days
  • ID#: TR25252293
UPDATED: 14 min ago
$798,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Listing Agent(s): Vince Kwon of IRN Realty (626-322-2900)


Description

Exceptional Investment Opportunity in San Bernardino!We present a rare gem in the heart of San Bernardino - a 4-unit multifamily property nestled in a desirable neighborhood dominated by single-family residences. This turnkey investment offers a unique blend of income potential and low maintenance requirements.Key Features:- Strategic Location: Centrally located in San Bernardino, providing easy access to local amenities, transportation hubs, and major thoroughfares.- Diverse Unit Mix: The property boasts a mix of 2-bedroom/2-bathroom and 1-bedroom/1-bathroom units, catering to a wide range of tenants.- In-Unit Amenities: Each unit comes with washer/dryer hookups, enhancing tenant convenience and appeal.- Secure and Private: The property is fully gated, ensuring a safe and private environment for residents. Gated parking in the rear provides added security and convenience.- Low Maintenance: With separate gas and electric meters for each unit, property management is streamlined, and expenses are easily allocated.- Recent Upgrades: Parking spaces have been repainted, maintaining a well-maintained appearance and enhancing curb appeal.Investment Highlights:- Stable Income Potential: With four units and a mix of 1 and 2-bedroom configurations, this property offers a stable source of rental income.- Low Operating Expenses: The property's design and separate utility meters help minimize maintenance and operational costs.- Growth Potential: San Bernardino's growing market presents opportunities for rent growth and increased property value.Don't Miss This Opportunity!This property is a rare find in a desirable location, offering a unique chance to invest in a low-maintenance, income-generating asset. Schedule a viewing today to take advantage of this exceptional investment opportunity!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-05T12:27:03.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Schwaegerle Team | Keller Williams Realty Central Coast. Licensed in the State of California, USA.
www.soldslocounty.com/homes/169502982
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188 E 11th Street , 1-4 San Bernardino, CA 92410

  • Price: $798,000
  • Status: Active
  • On Site: 32 Days
  • Updated: 14 min ago
  • ID#: TR25252293
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1963
Built
Neighborhood:
274 - San Bernardino
County:
San Bernardino
Area:
274 - San Bernardino
Property Description
Exceptional Investment Opportunity in San Bernardino!We present a rare gem in the heart of San Bernardino - a 4-unit multifamily property nestled in a desirable neighborhood dominated by single-family residences. This turnkey investment offers a unique blend of income potential and low maintenance requirements.Key Features:- Strategic Location: Centrally located in San Bernardino, providing easy access to local amenities, transportation hubs, and major thoroughfares.- Diverse Unit Mix: The property boasts a mix of 2-bedroom/2-bathroom and 1-bedroom/1-bathroom units, catering to a wide range of tenants.- In-Unit Amenities: Each unit comes with washer/dryer hookups, enhancing tenant convenience and appeal.- Secure and Private: The property is fully gated, ensuring a safe and private environment for residents. Gated parking in the rear provides added security and convenience.- Low Maintenance: With separate gas and electric meters for each unit, property management is streamlined, and expenses are easily allocated.- Recent Upgrades: Parking spaces have been repainted, maintaining a well-maintained appearance and enhancing curb appeal.Investment Highlights:- Stable Income Potential: With four units and a mix of 1 and 2-bedroom configurations, this property offers a stable source of rental income.- Low Operating Expenses: The property's design and separate utility meters help minimize maintenance and operational costs.- Growth Potential: San Bernardino's growing market presents opportunities for rent growth and increased property value.Don't Miss This Opportunity!This property is a rare find in a desirable location, offering a unique chance to invest in a low-maintenance, income-generating asset. Schedule a viewing today to take advantage of this exceptional investment opportunity!
Exterior Features

Entry Level 1 Entry Location 1 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 4 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Heating Wall Furnace Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features CurbsStorm Drain(s)Street LightsSuburbanSidewalks Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 75096 Gross Scheduled Income 75096 Insurance Expense 2500 Land Lease YN No Laundry Features Washer HookupGas Dryer Hookup Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional Net Operating Income 59221 New Construction YN No New Taxes Expense 8155 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 15875 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Total Actual Rent 5928 Trash Expense 2200 Water Sewer Expense 2300 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-05T12:27:03.423. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Schwaegerle Team | Keller Williams Realty Central Coast. Licensed in the State of California, USA.
 
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The Schwaegerle Team | Keller Williams Realty Central Coast
350 James Way #130
Pismo Beach CA, 93449
Listing Agent(s): Vince Kwon of IRN Realty (626-322-2900)