Two Fully Detached
1206 W West 7th St San Bernardino, CA 92411
1206 W West 7th St, San Bernardino, CA, 92411
$589,000
For Sale
$589,000
Two detached residences on one lot, each with private yards and separate gas and electric meters.
Property Size2,152 SF
Price / SF$273.70
Days on Market81
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: May 2 Updated: Jul 21 at 5:58PM Checked: Jul 21 at 5:58PM
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 sale listing features two fully detached homes on a single lot, separated by a wall. Each residence has its own private front and back yard, providing separate outdoor space for occupants. The homes are individually metered with separate gas and electric service.
Both units are currently occupied by month-to-month tenants. The first home is described as approximately 1,002 square feet with 3 bedrooms and 1 bathroom. The second home is described as approximately 1,150 square feet with 2 bedrooms and 1 bathroom, plus an additional room.
The seller notes current rents are below market rates, and the listing also indicates seller concessions are available. For details, please call for additional information; this is a drive-by only showing request and tenants should not be disturbed.
Both units are currently occupied by month-to-month tenants. The first home is described as approximately 1,002 square feet with 3 bedrooms and 1 bathroom. The second home is described as approximately 1,150 square feet with 2 bedrooms and 1 bathroom, plus an additional room.
The seller notes current rents are below market rates, and the listing also indicates seller concessions are available. For details, please call for additional information; this is a drive-by only showing request and tenants should not be disturbed.
Key Highlights
- Two fully detached homes on one lot, separated by a wall, each with private front and back yards
- First home: approx. 1,002 SF with 3 bed and 1 bath
- Second home: approx. 1,150 SF 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 5.22%
Second Best
Apartment 5plus
$394.3K
$345.0K – $460.0K
NOI $27,602 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$648.1K
$567.1K – $756.1K
NOI $45,368 @ 7.0% cap · market cap 7.70%
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 detached residences on one lot, each with private yards and separate gas and electric meters.
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 $589,000.
What are key features of this property?
This property features: Two fully detached homes on one lot, separated by a wall, each with private front and back yards; First home: approx. 1,002 SF with 3 bed and 1 bath; Second home: approx. 1,150 SF with 2 bed and 1 bath plus an extra room
