Log In/Sign Up
345 W 41st St
San Bernardino, CA 92407
Mayfield Park · Multifamily Property For Sale
·
83 Units
Investment Highlights
- Strategic Inland Empire Positioning: Acquire a well-located asset within the high-demand Inland Empire market, benefiting from a robust economy
- Value-Add Opportunity with Continued Renovations: This well-maintained, two-story property on 3.72 acres offers significant value-add potential
- Significant Rental Upside Potential: Capitalize on a projected 26% potential upside in rents, offering a clear path to increased income
- Desirable Unit Mix: The property offers a sought-after combination of one-bedroom/one-bathroom and two-bedroom/one-bathroom residences
- Immediate Income & Favorable Yield: The property provides immediate income generation with a favorable in-place 5.80% CAP Rate
- Access to Strong Working-Class Demographic: Directly access a stable tenant base supported by San Bernardino County
Property Facts
| No. Units | 83 | Building Size | 62,242 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1968 |
| Building Class | C | Parking Ratio | 2.28/1,000 SF |
| Lot Size | 3.72 AC | ||
| Zoning | RM - Multi-Family | ||
| No. Units | 83 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.72 AC |
| Building Size | 62,242 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1968 |
| Parking Ratio | 2.28/1,000 SF |
| Zoning | RM - Multi-Family |
Amenities
Unit Amenities
- Air Conditioning
- Cable Ready
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
- Patio
Site Amenities
- 24 Hour Access
- Controlled Access
- Fenced Lot
- Pool
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 42 | $1,325 | 725 |
| 2+1 | 41 | $1,546 | 825 |
Property Taxes
| Parcel Number | 0271-031-80 | Improvements Assessment | $1,237,233 |
| Land Assessment | $218,328 | Total Assessment | $1,455,561 |
Property Taxes
Parcel Number
0271-031-80
Land Assessment
$218,328
Improvements Assessment
$1,237,233
Total Assessment
$1,455,561
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
