Triplex Property with Garage
For Sale
$542,999
1264 Massachusetts, San Bernardino, CA 92411
Three distinct living areas offer separate full bathrooms, with varied layouts that include studio and one-bedroom spaces.
Property Size1,300 SF
Price / SF$417.69
Days on Market30
Property Features for 1264 Massachusetts
General Information
Standard status
Active
Size
1,300 SF
Total Parking Spaces
5
Property subtype
Residential Income
Site & Location
Neighborhood
Roosevelt
Highway Access
Yes
Units
Unit Mix
1 x 1BR main unit, 1 x studio, 1 x 1BR garage conversion
Multifamily Units
3
Building Details
Building Size
1,300 SF
Year Built
1926
Buildings
2
Stories
1
Units
3
Listing Agency:
Keller Williams High Desert
(760) 991-2120
Listed By:
Yesenia Ibarra · License #02023196
(909) 644-5672
Source:
Ocsignatureproperties
Added: Oct 8
Changed: Nov 1
Last Checked: Nov 6 at 3:49AM
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 Keller Williams High Desert
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1926, this residential income property has three separate living areas and is registered as a duplex. The main residence has one bedroom, a full bathroom, living area, and kitchen space. A studio-style unit includes a full bathroom, sink, refrigerator, and microwave. The garage conversion provides another one-bedroom layout with a full bathroom, living area, and kitchen space. Each living area has been freshly painted.
Parking accommodates approximately five vehicles. The property is in San Bernardino, near shopping centers, dining, major freeways, and everyday amenities.
Parking accommodates approximately five vehicles. The property is in San Bernardino, near shopping centers, dining, major freeways, and everyday amenities.
Key Highlights
- Three separate living spaces; property registered as a duplex
- Main unit has one bedroom, a full bathroom, living area, and kitchen space
- Studio‑style space includes a full bathroom, sink, refrigerator, and microwave
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,575
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,500
$371.5K
Cap Rate 7%
$265,357
$265.4K
Cap Rate 9%
$206,389
$206.4K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$28.1K $21.60/SF
− Vacancy
−$1.5K −$1.19/SF
EGI
$26.5K $20.41/SF
− OpEx
−$8.0K −$6.12/SF
NOI
$18.6K $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%
$371,500
Cap Rate 7%
$265,357
Cap Rate 9%
$206,389
Alternative Uses
Best Use
Multifamily LT 5
$265.4K
$232.2K – $309.6K
NOI $18,575 @ 7.0% cap · market cap 3.42%
Second Best
Apartment 5plus
$238.2K
$208.4K – $277.9K
NOI $16,674 @ 7.0% cap · market cap 3.07%
Theoretical Best
Office A
$391.5K
$342.6K – $456.8K
NOI $27,406 @ 7.0% cap · market cap 5.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
434
Businesses Nearby
Explore this area
Business Placement
Demographics for 92411, CA
27,014
Population
7,065
Households
3.8
Avg Household Size
30
Median Age
7%
College-Educated
65%
High-School Grad
4.7 sq mi
ZIP Area
5,748
Density / Sq Mi
$55,457
Median Household Income
$31,320
Median Earnings
$1,355
Median Rent
$318,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three distinct living areas offer separate full bathrooms, with varied layouts that include studio and one-bedroom spaces.
Where is this triplex located?
The property is located at 1264 Massachusetts San Bernardino, CA.
What is the asking price?
The asking price for this property is $542,999.
What are key features of this property?
This property features: Three separate living spaces; property registered as a duplex; Main unit has one bedroom, a full bathroom, living area, and kitchen space; Studio‑style space includes a full bathroom, sink, refrigerator, and microwave
