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1236 Belle, San Bernardino, CA, 92404
Two-Lot Two-Unit Duplex Portfolio

1236 Belle San Bernardino, CA 92404

For Sale
Contact for pricing

For sale as-is: two separate lots, each improved with a two-unit duplex featuring two-bedroom units.

Property Size3,528 SF
Price / SF$206.63
Days on Market80

Property Features for 1236 Belle

General Information

Standard status
Active
Size
3,528 SF
Property subtype
Multifamily
Listing Agency: ColdWell Banker Sky Ridge Realty
Listed By: Ruben Soto · License #CA
Source: Crexi
Added: May 5 Changed: Jul 23 Last Checked: Jul 23 at 6:43PM

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 ColdWell Banker Sky Ridge Realty


Investment Insights

Based on property information with market context.

This for-sale duplex portfolio includes two separate lots, with each lot improved by a two-unit building. The property totals two buildings across the two parcels, with each unit featuring two bedrooms. Per the provided information, each lot includes 1,764 square feet of living space.

Both lots are included in the sale and must be sold together. The property is being sold as-is.

For buyers evaluating renovation or repositioning, the asset offers a straightforward multi-unit structure across two parcels, with the layout supporting an owner-occupant or investor approach for managing multiple two-bedroom units within the same package.

Key Highlights

  • Two separate lots, each improved with a two‑unit duplex
  • Two‑bedroom units in each building (2 units per lot)
  • 1,764 SF of living space per lot

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 $76.2k $21.60
− Vacancy −$4.2k −$1.19
EGI $72.0k $20.41
− OpEx −$21.6k −$6.12
NOI $50.4k $14.29
3,528 SF · lease $21.60/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$720.1K
$630.1K – $840.2K (±1% cap)
NOI $50,409 @ 7.0% cap · market cap 6.91%
Second Best
Apartment 5plus
$646.5K
$565.7K – $754.2K (±1% cap)
NOI $45,252 @ 7.0% cap · market cap 6.21%
Theoretical Best
Office A
$1.06M
$929.7K – $1.24M (±1% cap)
NOI $74,376 @ 7.0% cap · market cap 10.20%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Electrical Service Bakery Pet Grooming Service Garden Center Locksmith Butcher

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - For sale as-is: two separate lots, each improved with a two-unit duplex featuring two-bedroom units.
Where is this duplex located?
The property is located at 1236 Belle San Bernardino, CA.
What is the asking price?
The asking price for this property is $729,000.
What are key features of this property?
This property features: Two separate lots, each improved with a two‑unit duplex; Two‑bedroom units in each building (2 units per lot); 1,764 SF of living space per lot
More about this property
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