$849,950

Estimated payment $4,835/month

Total Views 853
8 Beds
4 Baths
3,200 Sq Ft
$266 Price per Sq Ft

Highlights

  • No Units Above
  • Property is near public transit
  • Corner Lot
  • Mountain View
  • Wood Flooring
  • Lawn

About This Home

Value-Add Quadplex — Rent Upside in High-Demand San Bernardino
A well-located four-unit investment offering genuine upside for the buyer who wants to add value and grow income over time. Currently fully leased with rents below current market, the property gives a new owner a clear, executable path to stronger returns as units are improved and rents are brought in line with the area, a classic value-add profile in a submarket with consistent tenant demand. Rent increases have been noticed and take effect in July, with additional upside available as units turn.
Each of the four units is a spacious 2 bed / 1 bath with a full kitchen and comfortable living area, a unit mix with proven, durable demand. Two units are month-to-month and two are on annual leases, offering a mix of near-term repositioning potential and in-place stability. As units turn, a strategic interior refresh positions the property to perform in line with renovated comparables nearby. Detailed rent roll and pro forma available to qualified buyers upon request.
Importantly, the major capital items are already handled, so improvement dollars go toward income-producing upgrades rather than deferred maintenance. A new 50-year roof done in 2021 and a reinforced septic system done in 2022 mean no near-term surprises on the big-ticket systems.
The location is a strong driver of tenant demand. The property sits right next to the newly renovated Pacific High School, a major draw for family renters, and offers quick freeway access for easy commuting across the Inland Empire.
Sited on a generous lot with an additional adjacent parcel (APN: 0273-102-50-0000), offering optionality for expanded parking, carports, or future development.
Major capex complete, in-place income, and a clear path to growth. A strong fit for the investor looking to buy well and build value. Reach out for the rent roll, pro forma, interior showing, and other questions.

Listing Agent

Bill Ung

IRN Realty Brokerage Phone: 626-278-3373 License #02144184 Listed on: 05/20/2026

IRN Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 10,813 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Fenced
  • Fence is in average condition
  • Corner Lot
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Lawn
  • Back and Front Yard
  • Density is 2-5 Units/Acre
  • 0273102500000

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Asbestos Shingle Roof
  • Stucco

Interior Spaces

  • 3,200 Sq Ft Home
  • 4-Story Property
  • Sump Pump

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Open Parking Spaces
  • 8 Parking Spaces
  • 4 Carport Spaces
  • Parking Available

Outdoor Features

  • Exterior Lighting
  • Shed

Location

  • Property is near public transit

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Standard Electricity
  • Natural Gas Not Available
  • Electric Water Heater
  • Conventional Septic

Listing and Financial Details

  • Legal Lot and Block 13 / 2
  • Tax Tract Number 1964
  • Assessor Parcel Number 0273102480000
  • $704 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • Insurance Expense $1,200
  • Trash Expense $1,638
  • Water Sewer Expense $2,200
  • Operating Expense $5,405
  • Gross Income $47,040
  • Net Operating Income $41,635

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

10,813 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Gravel
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • View: Yes
  • Water Sewer Expenses: 2200.00
  • Zoning: RM
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 0273102480000
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 4
  • Common Walls: 1 Common Wall, No One Below, No One Above
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 265.61
  • Room Type: All Bedrooms Up

Exterior Features

  • Other Structures: Shed(s)
  • Exterior Features: Sump Pump
  • View: Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Asbestos Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Natural Gas Not Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Water Heater, Electric Range, Electric Oven
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: In Closet, Washer Hookup
  • Sewer: Conventional Septic
  • Trash Expense: 1638.00
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Storm Drains

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 0273102500000
  • Land Lease: No
  • Lot Features: Corner Lot, Level with Street, Paved, Rectangular Lot, Level, Near Public Transit, 2-5 Units/Acre, Front Yard, Lot 10000-19999 Sqft, Back Yard, Lawn
  • Lot Size Sq Ft: 10813.00
  • Lot Size Acres: 0.2482

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average2 Bed Area: 800 Square Feet
  • Gross Income: 47040.00
  • Gross Scheduled Income: 47040.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 10813.0000 Square Feet
  • Net Operating Income: 41635.00
  • Number Of Separate Electric Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Carpet: 1
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 5405.00
  • Rent Control: No
  • Total Actual Rent: 47040.00
  • Total Expenses: 5405.00

Tax Info

  • Tax Area: 107144
  • Tax Block: 2
  • Tax Census Tract: 63.03
  • Tax Lot: 13
  • Tax Rate: 0.01
  • Tax Tract Number: 1964
  • TaxOtherAnnualAssessmentAmount: 704.20

Map

Range of Values:

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Value Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2025 $2,772 $206,532 $25,818 $180,714
2024 $2,715 $202,483 $25,312 $177,171
2023 $2,647 $198,513 $24,816 $173,697
2022 $2,650 $194,620 $24,329 $170,291
2021 $2,654 $190,804 $23,852 $166,952
2020 $2,659 $188,847 $23,607 $165,240
2019 $2,582 $185,144 $23,144 $162,000
2018 $2,472 $181,514 $22,690 $158,824
2017 $2,399 $177,955 $22,245 $155,710
2016 $2,330 $174,466 $21,809 $152,657
2015 $2,372 $171,845 $21,481 $150,364
2014 $2,289 $168,479 $21,060 $147,419
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
05/20/2026 05/20/26 For Sale $849,950 -- $266 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 Type Sale Price Title Company
Grant Deed $160,000 Multiple
Grant Deed $113,000 Lsi Title Company Inc
Trustee Deed $169,150 Accommodation
Grant Deed $265,000 First American Title Company
Grant Deed $265,000 First American Title Company
Grant Deed -- --
Grant Deed -- --
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Quit Claim Deed -- Continental Lawyers Title Co
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 Loan Amount Loan Type
Previous Owner $424,000 Negative Amortization
Previous Owner $53,000 Credit Line Revolving
Previous Owner $93,000 No Value Available
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR26109772

California Regional Multiple Listing Service (CRMLS)

APN: 0273-102-48

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