1737 N Waterman San Bernardino, CA 92404
SINGLE_FAMILY - San Bernardino, CA
Property Features for 1737 N Waterman
General Information
- Property type
- Residential
- Property subtype
- Office
- Fencing
- Chain Link
- Standard status
- Pending
- APN
- 0147041300000
- Lot size
- 0.17 Acres
Utilities
- Cooling system
- Evaporative Cooling
Building Details
- Year built
- 1939
Listing agent BRANDON MIHLD License #01968068 (909) 709-9841
Listing office RE/MAX ADVANTAGE 33733 Yucaipa Blvd., Suite 11, CA (909) 797-4133
Listing date Mar 18, 2026
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Investment Insights
Based on property information with market context.
The property is zoned for commercial use under CO (Commercial Office). It’s positioned conveniently near major streets, shopping, and amenities, providing flexibility for a range of live/work or small-business configurations, as well as an income-producing investment approach.
Key Highlights
- Single‑story home built in 1939 with 3 bedrooms and 2 bathrooms
- Nearly 1,000 sq. ft. of living space on a flat 7,500 sq. ft. lot
- Zoned CO – Commercial Office, offering residential and commercial‑use flexibility
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.2k | $25.20 |
| − Vacancy | −$2.4k | −$2.39 |
| EGI | $22.8k | $22.81 |
| − OpEx | −$5.7k | −$5.70 |
| NOI | $17.1k | $17.10 |
