Duplex with Detached
For Sale
$649,900
1145 W Olive, San Bernardino, CA 92411
Two-unit property near Boddy Vega Park with an additional detached garage.
Days on Market40
Property Features for 1145 W Olive
General Information
Standard status
Active
Property subtype
Duplex
Building Details
Building Size
1,420 SF
Year Built
1956
Listing Agency:
Prime Time Realty & Associates
Listed By:
Argelia Viera · License #01716150
Source:
Camdenmckayre
Added: Jun 23
Changed: Jul 31
Last Checked: Jul 31 at 8:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Prime Time Realty & Associates
Investment Insights
Based on property information with market context.
This duplex was built in 1956 and includes a detached garage. The property provides two residential units within one income-property asset, with the garage offering additional enclosed space.
Located at 1145 W Olive in San Bernardino, the property is within walking distance of Boddy Vega Park. Its duplex configuration and detached garage support a range of residential ownership and occupancy arrangements.
Located at 1145 W Olive in San Bernardino, the property is within walking distance of Boddy Vega Park. Its duplex configuration and detached garage support a range of residential ownership and occupancy arrangements.
Key Highlights
- Duplex property with two residential units
- Detached garage included
- Built in 1956
Financial Insights For Multifamily LT 5
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 | $30.7k | $21.60 |
| − Vacancy | −$1.7k | −$1.19 |
| EGI | $29.0k | $20.41 |
| − OpEx | −$8.7k | −$6.12 |
| NOI | $20.3k | $14.29 |
1,420 SF · lease $21.60/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$289.9K
$253.6K – $338.2K
NOI $20,290 @ 7.0% cap · market cap 3.12%
Second Best
Apartment 5plus
$260.2K
$227.7K – $303.6K
NOI $18,214 @ 7.0% cap · market cap 2.80%
Theoretical Best
Office A
$427.7K
$374.2K – $498.9K
NOI $29,936 @ 7.0% cap · market cap 4.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
459
Businesses Nearby
Explore this area
Business Placement
Demographics for 92411, CA
27,014
Population
7,065
Households
3.8
Avg Household Size
30
Median Age
7%
College-Educated
65%
High-School Grad
4.7 sq mi
ZIP Area
5,748
Density / Sq Mi
$55,457
Median Household Income
$31,320
Median Earnings
$1,355
Median Rent
$318,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property near Boddy Vega Park with an additional detached garage.
Where is this duplex located?
The property is located at 1145 W Olive San Bernardino, CA.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Duplex property with two residential units; Detached garage included; Built in 1956
