Remodeled Duplex with Solar
For Sale
$660,000
Pending
1328 Vine, San Bernardino, CA 92411
Two-unit property offering a renovated primary residence and a separate living unit with flexible household space.
Property Size1,998 SF
Days on Market52
Property Features for 1328 Vine
General Information
Standard status
Pending
Size
1,998 SF
Property subtype
Investment
Units
Unit Mix
1 x 4BR/3BA, 1 x 2BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
solar panels
Building Details
Building Size
1,998 SF
Year Built
1925
Stories
1
Units
2
Listing Agency:
TONY BANEGAS, BROKER
Listed By:
Tony Banegas · License #01030142
(951) 538-5389
Source:
Elliman
Added: Sep 1
Changed: Oct 20
Last Checked: Oct 20 at 10:19PM
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 TONY BANEGAS, BROKER
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Investment Insights
Based on property information with market context.
Built in 1925, this duplex includes a renovated primary residence with 4 bedrooms and 3 bathrooms, along with a separate 2-bedroom, 1-bath unit. Improvements to the main residence include a new kitchen, windows, flooring, and bathrooms. Solar panels are installed and paid in full. The property also includes a large yard and is positioned near freeways, shopping, and schools in San Bernardino. The seller purchased the property in its current condition and is unaware whether the separate unit is permitted.
Key Highlights
- Renovated primary residence with 4 bedrooms and 3 bathrooms
- Separate unit with 2 bedrooms and 1 bathroom
- New kitchen, windows, floors, and bathrooms in the main residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,548
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$570,960
$571.0K
Cap Rate 7%
$407,829
$407.8K
Cap Rate 9%
$317,200
$317.2K
Market Conditions
NOI Build-Up for 1,998 SF
Gross rent
$43.2K $21.60/SF
− Vacancy
−$2.4K −$1.19/SF
EGI
$40.8K $20.41/SF
− OpEx
−$12.2K −$6.12/SF
NOI
$28.5K $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%
$570,960
Cap Rate 7%
$407,829
Cap Rate 9%
$317,200
Alternative Uses
Best Use
Multifamily LT 5
$407.8K
$356.9K – $475.8K
NOI $28,548 @ 7.0% cap · market cap 4.33%
Second Best
Apartment 5plus
$366.1K
$320.3K – $427.1K
NOI $25,627 @ 7.0% cap · market cap 3.88%
Theoretical Best
Office A
$601.7K
$526.5K – $702.0K
NOI $42,121 @ 7.0% cap · market cap 6.38%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
530
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property offering a renovated primary residence and a separate living unit with flexible household space.
Where is this duplex located?
The property is located at 1328 Vine San Bernardino, CA.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: Renovated primary residence with 4 bedrooms and 3 bathrooms; Separate unit with 2 bedrooms and 1 bathroom; New kitchen, windows, floors, and bathrooms in the main residence
