Occupied Triplex With
For Sale
$599,000
126 W Wabash Street, San Bernardino, CA 92405
Three occupied units offer separate entrances, distinct bedroom layouts, and garage and off-street parking.
Property Size2,438 SF
Days on Market68
Property Features for 126 W Wabash Street
General Information
Standard status
Active
Size
2,438 SF
Property subtype
Triplex
Occupancy
100%
Units
Unit Mix
2 x 1BR/1BA, 1 x 3BR/2BA
Multifamily Units
3
Building Details
Building Size
2,438 SF
Year Built
1952
Listing Agency:
COMPASS
Listed By:
Dawn Hicks · License #01999107
Source:
Camdenmckayre
Added: Aug 11
Changed: Oct 11
Last Checked: Oct 16 at 4:26PM
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 COMPASS
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Investment Insights
Based on property information with market context.
This triplex contains three separate residences with independent entrances. The two front units each have 1 bedroom and 1 bathroom, while the rear residence provides 3 bedrooms and 2 bathrooms. Garage and off-street parking are included, and all three units are currently occupied.
The property is located at 126 W Wabash St in San Bernardino, California. Nearby context includes shopping, dining, schools, and major transportation routes. WalkScore is 66, BikeScore is 55, and TransitScore is 41. Built in 1952, the property offers an established three-unit configuration with varied floor plans.
The property is located at 126 W Wabash St in San Bernardino, California. Nearby context includes shopping, dining, schools, and major transportation routes. WalkScore is 66, BikeScore is 55, and TransitScore is 41. Built in 1952, the property offers an established three-unit configuration with varied floor plans.
Key Highlights
- Three‑unit property with two 1‑bedroom, 1‑bathroom front residences and one 3‑bedroom, 2‑bathroom rear residence
- All three units are currently occupied
- Separate entrance for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,835
Cap Rate
5.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$696,700
$696.7K
Cap Rate 7%
$497,643
$497.6K
Cap Rate 9%
$387,056
$387.1K
Market Conditions
NOI Build-Up for 2,438 SF
Gross rent
$52.7K $21.60/SF
− Vacancy
−$2.9K −$1.19/SF
EGI
$49.8K $20.41/SF
− OpEx
−$14.9K −$6.12/SF
NOI
$34.8K $14.29/SF
Area
San Bernardino, CA
Vacancy
5.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$696,700
Cap Rate 7%
$497,643
Cap Rate 9%
$387,056
Alternative Uses
Best Use
Multifamily LT 5
$497.6K
$435.4K – $580.6K
NOI $34,835 @ 7.0% cap · market cap 5.82%
Second Best
Apartment 5plus
$446.7K
$390.9K – $521.2K
NOI $31,271 @ 7.0% cap · market cap 5.22%
Theoretical Best
Office A
$734.2K
$642.5K – $856.6K
NOI $51,397 @ 7.0% cap · market cap 8.58%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,329
Businesses Nearby
Explore this area
Business Placement
Demographics for 92405, CA
32,165
Population
9,727
Households
3.3
Avg Household Size
31
Median Age
13%
College-Educated
74%
High-School Grad
5.0 sq mi
ZIP Area
6,433
Density / Sq Mi
$59,271
Median Household Income
$32,066
Median Earnings
$1,424
Median Rent
$376,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three occupied units offer separate entrances, distinct bedroom layouts, and garage and off-street parking.
Where is this triplex located?
The property is located at 126 W Wabash Street San Bernardino, CA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Three‑unit property with two 1‑bedroom, 1‑bathroom front residences and one 3‑bedroom, 2‑bathroom rear residence; All three units are currently occupied; Separate entrance for each unit
