Log In/Sign Up
236 E 48th St
San Bernardino, CA 92404
North Sierra Apartments · Multifamily Property For Sale
·
20 Units
Investment Highlights
- Operating at a 6.40% CAP rate with a market pro forma of 7.60%.
- Desirable unit mix: (14) 1-bed, (5) 2-bed, and (1) 3-bed units across 12,914 rentable SF
- Large 0.68-acre island lot with surface covered parking and room for operational flexibility.
- 1985 construction with key capital improvements: copper plumbing, main line replaced, and recent roof repairs
- Located in North San Bernardino, a low-turnover submarket near Cal State, major employers, and freeway access
Property Facts
| No. Units | 20 | Lot Size | 0.68 AC |
| Property Type | Multifamily | Building Size | 13,228 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1985 |
| Building Class | B | Parking Ratio | 2.57/1,000 SF |
| Zoning | R-3, San Bernardino - Multi-Family | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.68 AC |
| Building Size | 13,228 SF |
| No. Stories | 2 |
| Year Built | 1985 |
| Parking Ratio | 2.57/1,000 SF |
| Zoning | R-3, San Bernardino - Multi-Family |
Amenities
Unit Amenities
- Air Conditioning
- Disposal
- Storage Space
- Heating
- Kitchen
- Range
- Tub/Shower
- Carpet
- Vinyl Flooring
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Gated
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 14 | - | 600 |
| 2+2 | 5 | - | 900 |
| 3+2 | 1 | - | 1,400 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,764,364 | |
| Land Assessment | $508,743 | Total Assessment | $2,273,107 |
Property Taxes
Parcel Numbers
Land Assessment
$508,743
Improvements Assessment
$1,764,364
Total Assessment
$2,273,107
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
