Five-Unit Apartment
For Sale
Contact for pricing
Pending
1493 Belle Street, San Bernardino, CA 92404
Five-unit multifamily asset with separate gas and electric meters and a long driveway providing over 10 parking spaces.
Property Size2,722 SF
Lot Size0.26 Acres
Days on Market281
Property Features for 1493 Belle Street
General Information
Standard status
Pending
Size
2,722 SF
Lot size
0.26 Acres
Property subtype
Multifamily
Zoning
Assessor
Occupancy
100%
Site & Location
Neighborhood
Dmv
Highway Access
Yes
Additional Details
Multifamily Units
5
Building Details
Buildings
2
Stories
2
Units
5
Tenancy
Multi
Listing Agency:
RJ Realty
Listed By:
Ricky Lee · License #CA 01932116
(909) 348-3956
Source:
Crexi
Added: Jan 20
Changed: Oct 26
Last Checked: Oct 26 at 2:55PM
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 RJ Realty
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Investment Insights
Based on property information with market context.
This five-unit apartment property features three units in the front house and two studio units in the back house above a three-car garage. The front units include two 1-bedroom, 1-bath layouts and one 2-bedroom, 1-bath layout. The back house includes two studios, identified as units 1493B and 1493C. The property is described as well maintained and in good condition, with new electrical panels, renovated kitchens, newer water heaters, and partially updated plumbing. Each unit has separate gas and electric meters, while the landlord covers water, trash, and the gardener.
The property sits on a spacious flat lot and includes a super long driveway offering more than 10 parking spaces. The public remarks also note potential for an ADU. It is located near the 210/215 freeways, schools, and shopping centers.
Parking and meter separation support practical resident setup, with the configuration combining a three-unit front building and two studio units above the garage in the rear.
The property sits on a spacious flat lot and includes a super long driveway offering more than 10 parking spaces. The public remarks also note potential for an ADU. It is located near the 210/215 freeways, schools, and shopping centers.
Parking and meter separation support practical resident setup, with the configuration combining a three-unit front building and two studio units above the garage in the rear.
Key Highlights
- Five‑unit multifamily property in San Bernardino, fully occupied with five stable rental incomes
- 11,410 sqft flat lot with ADU potential and a super long driveway with more than 10 parking spaces
- Front house includes three units: 1497 (1 bed/1 bath), 1495 (1 bed/1 bath), and 1493A (2 bed/1 bath)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,914
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$698,280
$698.3K
Cap Rate 7%
$498,771
$498.8K
Cap Rate 9%
$387,933
$387.9K
Market Conditions
NOI Build-Up for 2,722 SF
Gross rent
$67.0K $24.60/SF
− Vacancy
−$3.5K −$1.28/SF
EGI
$63.5K $23.32/SF
− OpEx
−$28.6K −$10.49/SF
NOI
$34.9K $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%
$698,280
Cap Rate 7%
$498,771
Cap Rate 9%
$387,933
Alternative Uses
Best Use
Apartment 5plus
$498.8K
$436.4K – $581.9K
NOI $34,914 @ 7.0% cap · market cap 4.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$819.8K
$717.3K – $956.4K
NOI $57,384 @ 7.0% cap · market cap 8.21%
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
5
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,738
Businesses Nearby
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Business Placement
Demographics for 92404, CA
64,270
Population
19,403
Households
3.3
Avg Household Size
31
Median Age
10%
College-Educated
72%
High-School Grad
31.6 sq mi
ZIP Area
2,034
Density / Sq Mi
$66,173
Median Household Income
$36,237
Median Earnings
$1,386
Median Rent
$383,700
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
Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit multifamily asset with separate gas and electric meters and a long driveway providing over 10 parking spaces.
Where is this apartment building located?
The property is located at 1493 Belle Street San Bernardino, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Five‑unit multifamily property in San Bernardino, fully occupied with five stable rental incomes; 11,410 sqft flat lot with ADU potential and a super long driveway with more than 10 parking spaces; Front house includes three units: 1497 (1 bed/1 bath), 1495 (1 bed/1 bath), and 1493A (2 bed/1 bath)
