734 W Virginia, San Bernardino, CA 92405
Local realty services provided by:CENTURY 21 Century Real Estate
734 W Virginia,San Bernardino, CA 92405
$2,399,000
- - Beds
- - Baths
- 9,864 sq. ft.
- Multi-family
- Active
Listed by: albert le
Office: le investment group909-256-7889
MLS#:IV26126668
Source:CRMLS
Price summary
- Price:$2,399,000
- Price per sq. ft.:$243.21
About this home
Highlights: Current Cap Rate of 5.59% with a 7.99% ProForma Cap Rate. Strong in place return with clear upside through rental increases and improved operations / Current GRM of 11.63 with a 8.62 ProForma GRM / Projected NOI Growth from ~$134K to ~$191K (~43% Increase) Significant income upside driven by repositioning to market rents / Attractive Unit Mix – 100% 2BD/1BA Units (~883 SF Average) Spacious layouts that appeal to working individuals, families, and long-term tenants seeking larger living spaces / Desirable Mix of Single-Story & Townhouse-Style Units.
734 W Virginia Street is an 11-unit apartment property in San Bernardino featuring a mix of four single-story and seven townhouse-style 2-bedroom, 1-bath units averaging approximately 883 square feet. The townhouse units include two-story floorplans with private yards, helping support longer tenancy and lower turnover. Located just south of the 210 Freeway near the San Bernardino foothills, the property offers convenient access to shopping, employment centers, and major transportation routes, along with gated onsite parking on a 0.41-acre lot. The property has been consistently maintained and professionally managed, contributing to a stable tenant base and reduced turnover. With spacious layouts, private outdoor space, and solid in-place income, the asset offers additional upside through future rental growth and presents a strong value-add investment opportunity....
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Home facts
- Year built:1950
- Listing ID #:IV26126668
- Added:5 day(s) ago
- Updated:June 16, 2026 at 10:39 AM
Rooms and interior
- Living area:9,864 sq. ft.
Structure and exterior
- Year built:1950
- Building area:9,864 sq. ft.
- Lot area:0.41 Acres
- Lot Features:Front Yard
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,399,000
- Price per sq. ft.:$243.21
Parking
- Total parking spaces:11
- Parking description:Controlled Entrance
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