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Investment Highlights

  • 30-unit portfolio across 3 properties
  • Majority of units boarded - significant lease-up potential
  • $98K/unit - low entry/major value upside
  • Inland Empire & High Desert locations

Executive Summary

Unique opportunity to acquire a 30-unit multifamily portfolio across three properties in San Bernardino County, offered together at $2,950,000. This is a true value-add / repositioning play for an investor able to execute on renovations and lease-up. Substantial upside remains, with the majority of units currently vacant/boarded and ready to be brought back online.
The portfolio must be purchased in its entirety (all three properties) via bridge, hard money financing, or cash.
Property 1 — 672 W 9th St, San Bernardino, CA 92410 (13 units)
Multi-building property with a varied unit mix ranging from ~350 SF to ~720 SF across studio/1BR configurations. Currently 1 unit occupied, with the remaining units boarded and offering significant repositioning upside.
Property 2 — 1128 W Belleview St, San Bernardino, CA 92410 (5 units)
Three structures on the parcel: a front building with two 1BR/1BA units (~520 SF each), a middle building with two 1BR/1BA units (~520 SF each), and a rear 2BR/1BA unit (~840 SF). Currently 2 units occupied.
Property 3 — 17742 N D St, Victorville, CA 92394 (12 units)
Six-building compound in the High Desert, including a 2BR/1BA house, a 1BR/1BA bungalow, a standalone garage, and three multi-unit buildings (a 4-unit, and two 3-unit structures). Currently 2 units occupied, with the balance boarded and awaiting renovation.
Investment Highlights
30 total units across 3 properties in one transaction
Priced at $2,950,000 (~$98K/unit) with major value-add upside
Strong Inland Empire rental market with High Desert and central San Bernardino exposure
Ideal for experienced investors/operators with a renovation and lease-up strategy
Bridge or hard money financing required; portfolio sold as a package only
Drive-by only. Offer subject to full interior inspection. Properties will be opened up for buyers with submitted offers + proof of funds. Date TBD. Short Escrows will be given priority.
Buyer to verify all unit counts, square footage, condition, permitting, and zoning during due diligence. Property information provided is approximate and deemed reliable but not guaranteed.

Property Facts

Price $2,950,000
Price / SF $176.14 / SF
Sale Conditions
Distress Sale
  • Bulk/Portfolio Sale
  • High Vacancy Property
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 16,748 SF
Total Land Area 1.56 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
660-672 W 9th St, San Bernardino, CA 92410 Multifamily 7,221 SF 1944 -
1128/30/31/32 W. Bellview st
1128 W Belleview St, San Bernardino, CA 92410
Multifamily 2,920 SF 1967 -
17742 D St, Victorville, CA 92394 Multifamily 6,607 SF 1942 -
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  • Listing ID: 41429133

  • Date on Market: 7/25/2026

  • Last Updated:

  • Address: IE 30-Unit Value-Add Portfolio, San Bernardino, CA

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IE 30-Unit Value-Add Portfolio

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