Detached Triplex With
For Sale
$515,000
430 W 16th St, San Bernardino, CA 92405
Three occupied residences share one parcel, with month-to-month tenancies and a separate garage.
Property Size1,984 SF
Price / SF$259.58
Days on Market539
Property Features for 430 W 16th St
General Information
Standard status
Active
Size
1,984 SF
Property subtype
Residential Income
Listing Agency:
Rodeo Realty- Brentwood
(310) 873-4100
Listed By:
Wendy Wilkins
(213) 948-8615
Source:
Exprealty
Added: Apr 24, 2025
Changed: Oct 7
Last Checked: Oct 12 at 9:00PM
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 Rodeo Realty- Brentwood
Investment Insights
Based on property information with market context.
This triplex consists of three detached houses arranged on a single lot. The front residence at 430 is configured with two bedrooms and one bathroom, while the homes at 432 and 434 each offer one bedroom and one bathroom. All three residences are currently occupied under month-to-month tenancies.
A detached garage adds separate storage space and may provide an additional income-use component. The property is located at 430 W 16th St in San Bernardino, with access to local transportation and shopping areas.
A detached garage adds separate storage space and may provide an additional income-use component. The property is located at 430 W 16th St in San Bernardino, with access to local transportation and shopping areas.
Key Highlights
- Three separate detached houses located on one parcel
- Unit 430 includes 2 bedrooms and 1 bathroom
- Units 432 and 434 each include 1 bedroom and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,348
Cap Rate
5.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$566,960
$567.0K
Cap Rate 7%
$404,971
$405.0K
Cap Rate 9%
$314,978
$315.0K
Market Conditions
NOI Build-Up for 1,984 SF
Gross rent
$42.9K $21.60/SF
− Vacancy
−$2.4K −$1.19/SF
EGI
$40.5K $20.41/SF
− OpEx
−$12.1K −$6.12/SF
NOI
$28.3K $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%
$566,960
Cap Rate 7%
$404,971
Cap Rate 9%
$314,978
Alternative Uses
Best Use
Multifamily LT 5
$405.0K
$354.4K – $472.5K
NOI $28,348 @ 7.0% cap · market cap 5.50%
Second Best
Apartment 5plus
$363.5K
$318.1K – $424.1K
NOI $25,448 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$597.5K
$522.8K – $697.1K
NOI $41,826 @ 7.0% cap · market cap 8.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
1,385
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
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Frequently Asked Questions
What type of property is this?
Triplex - Three occupied residences share one parcel, with month-to-month tenancies and a separate garage.
Where is this triplex located?
The property is located at 430 W 16th St San Bernardino, CA.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Three separate detached houses located on one parcel; Unit 430 includes 2 bedrooms and 1 bathroom; Units 432 and 434 each include 1 bedroom and 1 bathroom
