San Bernardino Multifamily Investment
1525 E Lynwood Drive San Bernardino, CA 92404
1525 E Lynwood Drive, San Bernardino, CA, 92404
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For Sale
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25-unit apartment complex with attractive unit mix and updates.
Property Size14,973 SF
Price / SF$300.54
Days on Market156
Property Features for 1525 E Lynwood Drive
General Information
- Standard status
- Active
- Size
- 14,973 SF
- Property subtype
- Special Purpose
Building Details
- Year Built
- 1984
Listing Agency
Coldwell Banker Envision
Listed by
Hannah Johnson · License #CA 02163166
Source
Crexi
Added: Feb 11 Checked: Jul 16 at 5:22 am
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 Envision
Investment Insights
Based on property information with market context.
The Copper Canyon Apartments, located in San Bernardino, California, features 25 units with a mix of seventeen one-bedroom, one-bathroom units and eight two-bedroom, two-bathroom units. The property is situated on a corner lot in a cul-de-sac and includes a garden and yard. It is conveniently located near a park and public transportation. The property has been well-maintained and updated, including exterior paint, new parking asphalt, $14,000 in new commercial washer and dryer in the laundry room, and updated units. Lush landscaped grounds, a pool, gated entry, carport, leasing office, and on-site management are also present. The property is level with the street and at street level. The apartment complex, with a property size of 14973 square feet, is presented as requiring minimal maintenance. The property has an actual cap rate of 6.06%.
Key Highlights
- High Actual Cap Rate: Enjoy a 6.06% return on investment.
- Attractive Unit Mix: Features both 1‑bedroom/1‑bathroom and 2‑bedroom/2‑bathroom units.
- Well‑Maintained with Updates: Benefit from recent exterior paint, new parking asphalt, and updated units.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $368.3k | $24.60 |
| − Vacancy | −$19.2k | −$1.28 |
| EGI | $349.2k | $23.32 |
| − OpEx | −$157.1k | −$10.49 |
| NOI | $192.1k | $12.83 |
14,973 SF · lease $24.60/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.74M
$2.40M – $3.20M
NOI $192,050 @ 7.0% cap · market cap 4.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.51M
$3.95M – $5.26M
NOI $315,655 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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Interior Design
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FAQs
What type of property is this?
Apartment building - 25-unit apartment complex with attractive unit mix and updates.
Where is this apartment building located?
The property is located at 1525 E Lynwood Drive San Bernardino, CA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: High Actual Cap Rate: Enjoy a 6.06% return on investment.; Attractive Unit Mix: Features both 1‑bedroom/1‑bathroom and 2‑bedroom/2‑bathroom units.; Well‑Maintained with Updates: Benefit from recent exterior paint, new parking asphalt, and updated units.
