$1,849,000

1505 Sepulveda Ave San Bernardino, CA 92404

DMV Neighborhood

Estimated payment $11,700/month

Total Views 6,049
12 Beds
12 Baths
6,966 Sq Ft
$265 Price per Sq Ft

Highlights

  • 0.37 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Corner Lot
  • Laundry Room

About This Home

Exceptional 8-unit apartment complex at 1505 Sepulveda Avenue, San Bernardino, featuring 12 bedrooms and 8 bathrooms. This low-maintenance property offers a 10.5% projected pro forma cap rate, making it an outstanding investment opportunity. Located near top schools, shopping, and parks, it combines convenience with strong income potential. A smart choice for investors seeking wealth and stability in a thriving community.

Listing Agent

Marlene Lopez

Realty Masters & Associates Brokerage Phone: 9515268546 License #01833607 Listed on: 07/17/2025

Realty Masters & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 0.37 Acre Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 6,966 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Standard Electricity

Listing and Financial Details

  • Legal Lot and Block 14 / 32
  • Assessor Parcel Number 0146143010000
  • $2,727 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 8 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $696
  • Fuel Expense $2,040
  • Trash Expense $3,240
  • Water Sewer Expense $1,164
  • Operating Expense $7,140
  • Gross Income $152,976
  • Net Operating Income $144,796

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 231125
  • Property Attached: Yes
  • Water Sewer Expenses: 1164.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 0146143010000
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: driveway
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 265.43

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 3240.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 16163.00
  • Lot Size Acres: 0.3711

Multi Family

  • Electric Expense: 696.00
  • Fuel Expense: 2040.00
  • Gross Income: 152976.00
  • Gross Scheduled Income: 152976.00
  • Lot Size Area: 16163.0000 Square Feet
  • Net Operating Income: 144796.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 8180.00
  • Rent Control: No
  • Total Expenses: 7140.00

Tax Info

  • Tax Block: 32
  • Tax Census Tract: 55.02
  • Tax Lot: 14
  • Tax Tract Number: DD
  • TaxOtherAnnualAssessmentAmount: 2727.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $1,849,000 +14.6% $265 / Sq Ft
05/16/2024 05/16/24 Sold $1,613,000 -0.1% $232 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $1,615,000 -- $232 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG25152333

California Regional Multiple Listing Service (CRMLS)
California San Bernardino County San Bernardino 92404 DMV

1505 Sepulveda Ave, San Bernardino, CA

This home is located at 1505 Sepulveda Ave, San Bernardino, CA 92404 and is currently priced at $1,849,000, approximately $265 per square foot. This property was built in 1965. 1505 Sepulveda Ave is a home located in San Bernardino County with nearby schools including Bradley Elementary School, Golden Valley Middle School, and San Bernardino High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Marlene Lopez
Listing Agent
Marlene Lopez
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Realty Masters & Associates
(909) 316-1408