Six-Unit Apartment Property with Bungalow
For Sale
$1,290,000
1123 Bobbett Dr, San Bernardino, CA 92410
Six-unit multifamily with a bungalow-style layout and no shared walls, offering four two-bedroom units and two one-bedroom units.
Property SizeContact for details
Lot Size0.29 Acres
Days on Market34
Property Features for 1123 Bobbett Dr
General Information
Standard status
Active
Net Rentable
4,188 SF
Lot size
0.29 Acres
Property subtype
Multifamily
Financials
Cap Rate
6.4%
Gross Rent Multiplier
10.48
Units
Unit Mix
4 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units
6
Additional Details
Highway Access
Yes
Amenities
Offered at an attractive 6.40% cap rate and 10.48 GRM, providing strong in-place returns.
Excellent unit mix of (4) 2 Bedroom / 1 Bath units and (2) 1 Bedroom / 1 Bath units, appealing to a wide range of tenants.
Recent roof replacement, new electrical breakers in select units, and remodeled interiors with fresh paint and upgraded finishes in select units.
Building Details
Units
6
Construction
bungalow
Listing Agency:
Inland Empire Office
(213) 943-1839
Listed By:
Sebastian Diaz · License #License(s): CA: 02109872
(213) 943-1839
Source:
Marcusmillichap
Added: Jul 29
Changed: Aug 25
Last Checked: Aug 31 at 1:06PM
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 Inland Empire Office
Investment Insights
Based on property information with market context.
1123 Bobbett Drive is a six-unit apartment property featuring a bungalow-style layout with no shared walls. The unit mix includes four two-bedroom/one-bathroom units and two one-bedroom/one-bathroom units. Approximately 4,188 rentable square feet sit on a 12,622 square foot lot. The property was built in 1948.
Recent improvements include a newer roof, new electrical breakers in select units, and updated interiors in select units with fresh paint and upgraded finishes. A storage area at the rear of the property may support supplemental rental income.
Conveniently located near the 210 and 215 Freeways, the property offers access throughout San Bernardino and the Inland Empire. The offering is presented with a 6.40% cap rate and 10.48 GRM.
Recent improvements include a newer roof, new electrical breakers in select units, and updated interiors in select units with fresh paint and upgraded finishes. A storage area at the rear of the property may support supplemental rental income.
Conveniently located near the 210 and 215 Freeways, the property offers access throughout San Bernardino and the Inland Empire. The offering is presented with a 6.40% cap rate and 10.48 GRM.
Key Highlights
- Six‑unit apartment property with bungalow‑style layout and no shared walls
- Unit mix: four two‑bedroom/one‑bath units and two one‑bedroom/one‑bath units
- Approximately 4,188 rentable SF on a 12,622 SF lot
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
581
Businesses Nearby
Explore this area
Business Placement
Demographics for 92410, CA
51,651
Population
14,325
Households
3.6
Avg Household Size
30
Median Age
6%
College-Educated
66%
High-School Grad
8.2 sq mi
ZIP Area
6,299
Density / Sq Mi
$53,390
Median Household Income
$32,474
Median Earnings
$1,303
Median Rent
$273,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit multifamily with a bungalow-style layout and no shared walls, offering four two-bedroom units and two one-bedroom units.
Where is this apartment building located?
The property is located at 1123 Bobbett Dr San Bernardino, CA.
What is the asking price?
The asking price for this property is $1,290,000.
What are key features of this property?
This property features: Six‑unit apartment property with bungalow‑style layout and no shared walls; Unit mix: four two‑bedroom/one‑bath units and two one‑bedroom/one‑bath units; Approximately 4,188 rentable SF on a 12,622 SF lot
