3-Unit Multifamily
For Sale
$775,000
1455 1457-59 N G, San Bernardino, CA 92405
Three separate units feature laminate flooring and mini-split HVAC systems serving the property.
Property Size1,814 SF
Price / SF$427.23
Days on Market11
Property Features for 1455 1457-59 N G
General Information
Standard status
Active
Size
1,814 SF
Property subtype
Triplex
Additional Details
Multifamily Units
3
Building Details
Building Size
1,814 SF
Year Built
1952
Listing Agency:
Popular Funding & Real Estate
(562) 861-0056
Listed By:
Lorena Vigil · License #01967955
Source:
Camdenmckayre
Added: Aug 19
Changed: Aug 24
Last Checked: Aug 28 at 5:51PM
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 Popular Funding & Real Estate
Investment Insights
Based on property information with market context.
This triplex contains 1,814 square feet with a combined configuration of 4 bedrooms and 3 full bathrooms. Constructed in 1952, the property is arranged as three separate units and includes laminate flooring along with mini-split HVAC systems installed throughout all three units. The layout provides distinct residential spaces within one multifamily asset.
The property is located at 1455 1457-59 N G in San Bernardino, California 92405. Walk Score is 51, categorized as Somewhat Walkable, while Bike Score is 50, categorized as Bikeable. Transit Score is 43, reflecting Some Transit.
The property is located at 1455 1457-59 N G in San Bernardino, California 92405. Walk Score is 51, categorized as Somewhat Walkable, while Bike Score is 50, categorized as Bikeable. Transit Score is 43, reflecting Some Transit.
Key Highlights
- Three separate residential units
- 1,814 square feet with 4 bedrooms and 3 full bathrooms
- Mini‑split HVAC systems installed in all three units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$25,919
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$518,380
$518.4K
Cap Rate 7%
$370,271
$370.3K
Cap Rate 9%
$287,989
$288.0K
Market Conditions
NOI Build-Up for 1,814 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$39.2K $21.60/SF
− Vacancy
−$2.2K −$1.19/SF
EGI
$37.0K $20.41/SF
− OpEx
−$11.1K −$6.12/SF
NOI
$25.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$518,380
Cap Rate 7%
$370,271
Cap Rate 9%
$287,989
Alternative Uses
Best Use
Multifamily LT 5
$370.3K
$324.0K – $432.0K
NOI $25,919 @ 7.0% cap · market cap 3.34%
Second Best
Apartment 5plus
$332.4K
$290.8K – $387.8K
NOI $23,267 @ 7.0% cap · market cap 3.00%
Theoretical Best
Office A
$546.3K
$478.0K – $637.4K
NOI $38,242 @ 7.0% cap · market cap 4.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
828
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three separate units feature laminate flooring and mini-split HVAC systems serving the property.
Where is this triplex located?
The property is located at 1455 1457-59 N G San Bernardino, CA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Three separate residential units; 1,814 square feet with 4 bedrooms and 3 full bathrooms; Mini‑split HVAC systems installed in all three units
