Gated 22-Unit Multifamily
1319 Acacia San Bernardino, CA 92405
For Sale
Contact for pricing
Gated 22-unit apartment community with rooftop HVAC, new roofing, and a recently renovated onsite laundry facility.
Days on Market122
Property Features for 1319 Acacia
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing Agency:
LE INVESTMENT GROUP
(909) 256-7889
Listed By:
Albert Le · License #01468313
Source:
Crexi
Added: Mar 24
Changed: Jul 21
Last Checked: Jul 22 at 3:52PM
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 LE INVESTMENT GROUP
Investment Insights
Based on property information with market context.
This 22-unit apartment community is set within a secure, fully gated environment enhanced by a 44-camera security system. Recent capital improvements include new roofing and all new rooftop HVAC units, along with interior renovations to approximately 25% of the units.
The unit mix includes twelve one-bedroom one-bath units, nine two-bedroom one-bath units, and one three-bedroom two-bath unit, providing a diversified residential configuration. The property also benefits from an onsite parking setup and a recently renovated laundry facility with a stated $25,000 capital investment. Additional ancillary income is noted from laundry, pet rent, and garage income.
The community is located on a 0.70-acre corner lot at 1319 Acacia Avenue and is described as positioned for strong regional connectivity between I-215, I-10, and I-210. The offering is presented as stabilized with realized rent increases and remaining upside through continued market rent adjustments.
The unit mix includes twelve one-bedroom one-bath units, nine two-bedroom one-bath units, and one three-bedroom two-bath unit, providing a diversified residential configuration. The property also benefits from an onsite parking setup and a recently renovated laundry facility with a stated $25,000 capital investment. Additional ancillary income is noted from laundry, pet rent, and garage income.
The community is located on a 0.70-acre corner lot at 1319 Acacia Avenue and is described as positioned for strong regional connectivity between I-215, I-10, and I-210. The offering is presented as stabilized with realized rent increases and remaining upside through continued market rent adjustments.
Key Highlights
- 22‑unit gated apartment community with (12) 1 bed/1 bath, (9) 2 bed/1 bath, and (1) 3 bed/2 bath unit mix.
- 5.90% current cap rate and 6.88% pro forma cap rate; +20% NOI increase projected through rent growth.
- Realized $4,500 in monthly rent increases plus $4,000+ in additional monthly upside remaining through continued market rent adjustments.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Gated 22-unit apartment community with rooftop HVAC, new roofing, and a recently renovated onsite laundry facility.
Where is this apartment building located?
The property is located at 1319 Acacia San Bernardino, CA.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: 22‑unit gated apartment community with (12) 1 bed/1 bath, (9) 2 bed/1 bath, and (1) 3 bed/2 bath unit mix.; 5.90% current cap rate and 6.88% pro forma cap rate; +20% NOI increase projected through rent growth.; Realized $4,500 in monthly rent increases plus $4,000+ in additional monthly upside remaining through continued market rent adjustments.
