$1,870,000
$128K PRICE DROP

Estimated payment $11,981/month

Total Views 11,538
13 Beds
10 Baths
7,282 Sq Ft
$257 Price per Sq Ft

Highlights

  • 0.34 Acre Lot
  • Corner Lot
  • Laundry Room

About This Home

Price Adjusted!!! Discover a fantastic investment opportunity at 394 W 17th St, San Bernardino. This huge property, located in the heart of historic downtown, offers a portfolio sale opportunity and is also available for individual sale. The recently renovated buildings and units are well maintained, featuring modern fixtures and a convenient laundry facility. Its prime location provides easy access to freeways and shopping, making it an attractive option for tenants. With nearby schools like San Bernardino High School and Inland Career Education Center, and a park within reach, this property is a great income generator. We welcome all offers with confidence

Listing Agent

Marlene Lopez

Realty Masters & Associates Brokerage Phone: 9515268546 License #01833607 Listed on: 04/23/2025

Realty Masters & Associates

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1942

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 75 x 200
  • No Common Walls
  • Corner Lot

Parking

  • 3 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 7,282 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 10 Bathrooms

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 54
  • Assessor Parcel Number 0145092110000
  • $2,602 per year additional tax assessments

Community Details

Overview

  • 3 Buildings
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 8 Leased Units
  • 8 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $6,500
  • Trash Expense $100
  • Water Sewer Expense $262
  • Operating Expense $29,771
  • Net Operating Income $132,325

Property Details

Home Type

Apartment

Year Built

Built in 1942

Lot Details

0

Parking

3

Listing Details

  • Price Per Unit: 233750
  • Property Attached: No
  • Water Sewer Expenses: 262.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 0145092110000
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 256.80

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Trash Expense: 100.00

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 10000-19999 Sqft
  • Lot Size: 75 x 200
  • Lot Size Sq Ft: 15000.00
  • Lot Size Acres: 0.3444

Multi Family

  • Gross Scheduled Income: 162096.00
  • Insurance Expense: 6500.00
  • Lot Size Area: 15000.0000 Square Feet
  • Net Operating Income: 132325.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 8
  • Number Of Units Total: 8
  • Number Wall A C: 8
  • Operating Expense: 29771.00
  • Rent Control: No
  • Total Expenses: 29771.00

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 54
  • TaxOtherAnnualAssessmentAmount: 2602.00

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
07/08/2025 07/08/25 Price Changed $1,870,000 -6.4% $257 / Sq Ft
04/23/2025 04/23/25 For Sale $1,998,000 +11.0% $274 / Sq Ft
05/03/2024 05/03/24 Sold $1,800,000 +7.1% $247 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
02/26/2024 02/26/24 For Sale $1,680,000 -- $231 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG25089426

California Regional Multiple Listing Service (CRMLS)