San Bernardino Multifamily Investment
2352 North Leroy Street, San Bernardino, CA 92404
33-unit apartment complex with value-add potential in San Bernardino.
Type:Multifamily
Property size:
24,551 SFLot size:
1.00 Acre- Added:
- Mar 25, 2026
- Days on Market:
- 49
- Last Refresh:
- Mar 18 at 9:18 am
Property Features for 2352 North Leroy Street
General Information
- Standard status
- Active
- Size
- 24,551 SF
- Lot size
- 1.00 Acre
- Property subtype
- Multifamily
Listing agent Eric Chen License #01489184
Listing office CB RICHARD ELLIS (626) 757-5717
Listing date Mar 25, 2026
Source Cbre
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 CB RICHARD ELLIS
HighLights
- Value‑add opportunity with approximately 27% rental upside potential through continued interior and exterior renovations.
- Excellent unit mix of one- and two‑bedroom units with an average unit size of 743 square feet.
- Located on a large 43,549 SF lot in a solid rental location in San Bernardino.
- Property features include mature landscaping, laundry facilities, gated community pool, BBQ grill, rentable storage, carport and surface parking.
- Convenient access to the 210 freeway and proximity to Downtown San Bernardino, San Bernardino Valley College, CSU San Bernardino, Loma Linda University Medical Center, University of Redlands and UC Riverside.
- Historically high occupancy rates.
Overview
Located at 2352-2386 LeRoy Street in San Bernardino, the El Royale Apartments offer a 33-unit complex built in 1960. The two-story property is situated on a 43,549 square foot lot, with a total building size of 24,551 square feet. The unit mix comprises 28 one-bedroom/one-bathroom units and 5 two-bedroom/one-bathroom units, averaging 743 square feet per unit. The property features controlled gated access, carport parking, a gated swimming pool, an on-site laundry facility, rentable storage units, and a landscaped courtyard with a BBQ grill. Individual units include wall air conditioning and heating, gas oven/stoves, vertical blinds, high-speed internet access, and wood vinyl plank flooring or carpeting. The property is located on North LeRoy Street, south of the 210 freeway and within 4 miles of Downtown San Bernardino, offering convenient access to shops, restaurants, parks, and schools. It is also near San Bernardino City Hall, San Bernardino Valley College, CSU San Bernardino, Loma Linda University Medical Center, University of Redlands, and UC Riverside via the 10, 210, and 215 freeways. Access to local ski resorts and mountain cities is facilitated by highways 18 and 330. The Metrolink Commuter Train Depot is also nearby, providing service between Downtown Los Angeles and the Inland Empire. The property presents a value-add opportunity with approximately 27% rental upside potential through continued interior and exterior renovations. Nearby landmarks within 20 miles include San Manuel Stadium, Arrowhead Country Club, the First Original McDonald’s Museum, Dignity Health St. Bernardine Medical Center, San Bernardino International Airport, Yaamava’ Resort & Casino, Cal State University San Bernardino, Loma Linda University Medical Center, and the University of Redlands.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- San Bernardino
- County
- San Bernardino
- State
- California
- Longitude
- -117.2812011
- Latitude
- 34.137583
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 33-unit apartment complex with value-add potential in San Bernardino.
Where is this apartment building located?
The property is located at 2352 North Leroy Street San Bernardino, CA.
What are key features of this property?
This property features: Value‑add opportunity with approximately 27% rental upside potential through continued interior and exterior renovations.; Excellent unit mix of one- and two‑bedroom units with an average unit size of 743 square feet.; Located on a large 43,549 SF lot in a solid rental location in San Bernardino.
