NOT LISTED FOR SALE
6 Beds
5 Baths
3,082 Sq Ft
6,550 Sq Ft Lot

Sale Details

Date Sold: August 14, 2025

Last sale price $850,000 $276 Per Sq Ft

49 Days on Market

Highlights

  • No HOA
  • Living Room
  • Turnkey
  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • Wood Fence

About This Home

As of August 2025

Turnkey. Cash-Flowing.
This 5-unit property hits the sweet spot: immediate income, below-market rents, and low-maintenance operations in a high-demand rental corridor near San Bernardino’s revitalizing downtown.

You get:

(1) Detached 2BD/1BA house

(4) Open-layout 1BD/1BA units

Individual meters, updated interiors, gated lot

Off-street parking, fresh paint, and solid bones

Rents are under market, giving you instant upside without lifting a hammer. Surrounded by infrastructure growth, transit access, and a dependable tenant base, this is the kind of asset that lets you cash flow now and grow later.

Smart investors move fast.

Last Agent to Sell the Property

Ives Lopez

Ives Lopez, Broker Brokerage Phone: 909-487-9036 License #01232368 Listed on: 06/20/2025

Last Buyer's Agent

Ives Lopez

Ives Lopez, Broker Brokerage Phone: 909-487-9036 License #01232368 Listed on: 06/20/2025

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 6,550 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Chain Link Fence
  • Front Yard Sprinklers
  • Back and Front Yard

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 3,082 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Living Room
  • Laminate Flooring

Kitchen

  • Gas Range
  • Free-Standing Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Parking

  • 5 Parking Spaces
  • 5 Carport Spaces
  • Parking Available
  • Assigned Parking

Outdoor Features

  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 0140112220000
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Insurance Expense $3,500
  • Professional Management Expense $7,728
  • Trash Expense $3,120
  • Water Sewer Expense $2,376
  • Operating Expense $16,724
  • Gross Income $98,400
  • Net Operating Income $79,708

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

6,550 Sq Ft Lot

Listing Details

  • Professional Management Expense: 7728.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 2376.00
  • Property Condition: Turnkey
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 0140112220000
  • Year Built: 1979
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Price Per Square Foot: 275.79
  • Room Type: Kitchen, Living Room
  • Window Features: Blinds

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Free-Standing Range, Gas Range
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 3120.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Sprinkler System, Sprinklers In Front, Sprinklers Timer
  • Lot Size Sq Ft: 6550.00
  • Lot Size Acres: 0.1504

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 98400.00
  • Gross Operating Income: 96432.00
  • Gross Scheduled Income: 98400.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 6550.0000 Square Feet
  • Net Operating Income: 79708.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Leased: 4
  • Number Of Units Total: 5
  • Operating Expense: 16724.00
  • Rent Control: Yes
  • Total Expenses: 16724.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2025
Closed on
Aug 12, 2025
Sold by
Bought by
Seller's Agent
Ives Lopez
Ives Lopez, Broker
Buyer's Agent
Ives Lopez
Ives Lopez, Broker
List Price
$950,000
Sold Price
$850,000
Premium/Discount to List
-$100,000
-10.53%
Views
48

Purchase Details

Closed on
Dec 21, 2020
Sold by
Bought by

Purchase Details

Closed on
Sep 3, 2019
Sold by
Bought by

Purchase Details

Listed on
Jan 23, 2018
Closed on
Feb 13, 2018
Sold by
Bought by
Seller's Agent
Tony Banegas
TONY BANEGAS, BROKER
Buyer's Agent
Roger Wazny
Sireci Group Inc.
List Price
$475,000
Sold Price
$475,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 26, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 29, 2006
Sold by
Bought by

Purchase Details

Closed on
Mar 23, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
5.84%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 4, 2001
Sold by
Bought by

Purchase Details

Closed on
Jun 10, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
7.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 14, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
7.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 1999
Sold by
Bought by

Purchase Details

Closed on
Apr 24, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Hanes Park, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$850,000 Wfg National Title Company
-- None Listed On Document
$520,000 Lawyers Title Company
$475,000 Pacific Coast Title Company
$365,000 Pacific Coast Title
$550,000 Community Title
$410,000 Nti
$60,000 Southland Title Corporation
$210,000 First Southwestern Title Co
$110,000 First Southwestern Title Co
-- First Southwestern Title Co
$39,000 Orange Coast Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $300,000
Previous Owner $378,000
Previous Owner $147,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2025 08/14/25 Sold $850,000 -10.5% $276 / Sq Ft
08/08/2025 08/08/25 Pending -- -- --
06/20/2025 06/20/25 For Sale $950,000 +82.7% $308 / Sq Ft
12/10/2019 12/10/19 Sold $520,000 0.0% $163 / Sq Ft View Prior Sale
12/16/2018 12/16/18 For Sale $520,000 0.0% $163 / Sq Ft
12/14/2018 12/14/18 Off Market $520,000 -- --
09/13/2018 09/13/18 Price Changed $520,000 -1.9% $163 / Sq Ft
09/05/2018 09/05/18 Price Changed $530,000 -5.4% $166 / Sq Ft
08/27/2018 08/27/18 For Sale $560,000 +17.9% $175 / Sq Ft
02/28/2018 02/28/18 Sold $475,000 0.0% $116 / Sq Ft View Prior Sale
02/08/2018 02/08/18 Pending -- -- --
02/08/2018 02/08/18 Off Market $475,000 -- --
01/23/2018 01/23/18 For Sale $475,000 -- $116 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $7,249 $850,000 $100,000 $750,000
2025 $7,249 $568,696 $87,493 $481,203
2024 $7,100 $557,545 $85,777 $471,768
2023 $6,923 $546,613 $84,095 $462,518
2022 $6,940 $535,895 $82,446 $453,449
2021 $7,107 $525,387 $80,829 $444,558
2020 $6,642 $494,190 $78,030 $416,160
2019 $6,440 $484,500 $76,500 $408,000
2018 $6,366 $475,000 $75,000 $400,000
2017 $5,652 $425,600 $81,400 $344,200
2016 $4,943 $375,000 $71,700 $303,300
2015 $4,497 $340,000 $65,000 $275,000
2014 $3,937 $292,500 $52,500 $240,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25139413

California Regional Multiple Listing Service (CRMLS)
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