Two-Unit Detached
1206 W West 7th St San Bernardino, CA 92411
New
1206 W West 7th St, San Bernardino, CA, 92411
$640,000
For Sale
$640,000
Two fully detached homes on one lot with separate gas and electric meters, each featuring private front and back yards.
Property Size2,152 SF
Price / SF$297.40
Days on Market3
Property Features for 1206 W West 7th St
General Information
- Standard status
- Active
- Size
- 2,152 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1938
Listing Agency
Nick-Nick Realty
(818) 426-1716
Listed by
Norair Youssefian · License #01104788
(818) 426-1716
Source
Exitrealty
Added: Jul 18 Updated: Jul 20 at 4:21 am Checked: Jul 20 at 4:21 am
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 Nick-Nick Realty
Investment Insights
Based on property information with market context.
This property offers two fully detached homes on a single lot, separated by a wall. Each home has its own private front and back yard. The first residence is approximately 1,002 square feet with 3 bedrooms and 1 bathroom. The second residence is approximately 1,150 square feet with 2 bedrooms and 1 bathroom, plus an extra room.
Separate gas and electric meters are in place for the two homes. Both tenants are reported to be month-to-month. The listing notes that current rents are below market rates, suggesting room for increased rental income.
The sale is described as a drive-by only listing with instructions not to disturb tenants, and the seller indicates that concessions may be available.
Separate gas and electric meters are in place for the two homes. Both tenants are reported to be month-to-month. The listing notes that current rents are below market rates, suggesting room for increased rental income.
The sale is described as a drive-by only listing with instructions not to disturb tenants, and the seller indicates that concessions may be available.
Key Highlights
- Two fully detached homes on one lot, separated by a wall
- Approx. 1,002 sq ft first house with 3 bed and 1 bath
- Approx. 1,150 sq ft second house with 2 bed and 1 bath plus an extra room
Local 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 | $46.5k | $21.60 |
| − Vacancy | −$2.6k | −$1.19 |
| EGI | $43.9k | $20.41 |
| − OpEx | −$13.2k | −$6.12 |
| NOI | $30.7k | $14.29 |
2,152 SF · lease $21.60/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$439.3K
$384.4K – $512.5K
NOI $30,749 @ 7.0% cap · market cap 4.80%
Second Best
Apartment 5plus
$394.3K
$345.0K – $460.0K
NOI $27,602 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$648.1K
$567.1K – $756.1K
NOI $45,368 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two fully detached homes on one lot with separate gas and electric meters, each featuring private front and back yards.
Where is this duplex located?
The property is located at 1206 W West 7th St San Bernardino, CA.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: Two fully detached homes on one lot, separated by a wall; Approx. 1,002 sq ft first house with 3 bed and 1 bath; Approx. 1,150 sq ft second house with 2 bed and 1 bath plus an extra room
