Gated 6-Unit Apartment
For Sale
$1,050,000
1341 N D, San Bernardino, CA 92405
Gated property with updated interiors, individual air conditioning, and shared outdoor space for residents.
Property Size3,640 SF
Days on Market49
Property Features for 1341 N D
General Information
Standard status
Active
Size
3,640 SF
Total Parking Spaces
6
Property subtype
Mixed Use
Units
Unit Mix
5 x 1BR, 1 x 3BR
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$11,934
Amenities
gated
in-unit air conditioning
shared outdoor space
Building Details
Building Size
3,640 SF
Year Built
1934
Listing Agency:
Coldwell Banker Realty
Listed By:
Juvie Borges · License #00983851
Source:
Camdenmckayre
Added: Sep 1
Changed: Oct 17
Last Checked: Oct 19 at 2:00PM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This 6-unit apartment property includes five 1-bedroom residences and one 3-bedroom residence. Interior improvements include newer windows and flooring, along with refreshed kitchens and bathrooms. Each unit has its own air conditioning unit. The gated site also provides five garage spaces, one carport space, and a shared grass area for residents.
Built in 1934, the property is located at 1341 N D in San Bernardino, California. An established rental history accompanies the six-unit configuration, while the completed improvements provide current physical features for the apartment asset.
Built in 1934, the property is located at 1341 N D in San Bernardino, California. An established rental history accompanies the six-unit configuration, while the completed improvements provide current physical features for the apartment asset.
Key Highlights
- 6‑unit apartment property with five 1‑bedroom units and one 3‑bedroom unit
- Updated kitchens, bathrooms, windows, and flooring
- Individual air conditioning unit in each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,688
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$933,760
$933.8K
Cap Rate 7%
$666,971
$667.0K
Cap Rate 9%
$518,756
$518.8K
Market Conditions
NOI Build-Up for 3,640 SF
Gross rent
$89.5K $24.60/SF
− Vacancy
−$4.7K −$1.28/SF
EGI
$84.9K $23.32/SF
− OpEx
−$38.2K −$10.49/SF
NOI
$46.7K $12.83/SF
Area
San Bernardino, CA
Vacancy
5.20%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$933,760
Cap Rate 7%
$666,971
Cap Rate 9%
$518,756
Alternative Uses
Best Use
Apartment 5plus
$667.0K
$583.6K – $778.1K
NOI $46,688 @ 7.0% cap · market cap 4.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.10M
$959.2K – $1.28M
NOI $76,737 @ 7.0% cap · market cap 7.31%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
915
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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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Gated property with updated interiors, individual air conditioning, and shared outdoor space for residents.
Where is this apartment building located?
The property is located at 1341 N D San Bernardino, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 6‑unit apartment property with five 1‑bedroom units and one 3‑bedroom unit; Updated kitchens, bathrooms, windows, and flooring; Individual air conditioning unit in each residence
