Triplex with Private
For Sale
$625,000
1720 N Sierra Way, San Bernardino, CA 92405
Three-unit residential property with varied layouts, multiple private outdoor areas, and dedicated parking for occupants.
Property Size2,126 SF
Days on Market51
Property Features for 1720 N Sierra Way
General Information
Standard status
Active
Size
2,126 SF
Property subtype
Investment
Site & Location
Neighborhood
Dmv
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
3
Building Details
Building Size
2,126 SF
Year Built
1922
Stories
1
Units
3
Listed By:
LIZZETTE VARGAS
(909) 268-5946
Source:
Elliman
Added: Sep 12
Changed: Oct 25
Last Checked: Oct 30 at 4:26PM
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 LIZZETTE VARGAS
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Investment Insights
Based on property information with market context.
Built in 1922, this triplex contains two two-bedroom, one-bath residences and one one-bedroom, one-bath residence. The smaller unit has updated interior paint and newer laminate flooring in the living area. Outdoor features include separate gated yards for the front and rear residences, along with dedicated parking; the front and central units each have a carport. The property supports an owner-occupant arrangement or rental use across all three units, as described in the source information.
The property is positioned near freeway access, shopping, schools, and everyday amenities. Walk Score is 69, Bike Score is 59, and Transit Score is 40, providing additional context for access and surrounding mobility.
The property is positioned near freeway access, shopping, schools, and everyday amenities. Walk Score is 69, Bike Score is 59, and Transit Score is 40, providing additional context for access and surrounding mobility.
Key Highlights
- Three‑unit property with two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
- Built in 1922
- 1‑bedroom unit includes fresh interior paint and newer laminate flooring in the living area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,377
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$607,540
$607.5K
Cap Rate 7%
$433,957
$434.0K
Cap Rate 9%
$337,522
$337.5K
Market Conditions
NOI Build-Up for 2,126 SF
Gross rent
$45.9K $21.60/SF
− Vacancy
−$2.5K −$1.19/SF
EGI
$43.4K $20.41/SF
− OpEx
−$13.0K −$6.12/SF
NOI
$30.4K $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%
$607,540
Cap Rate 7%
$433,957
Cap Rate 9%
$337,522
Alternative Uses
Best Use
Multifamily LT 5
$434.0K
$379.7K – $506.3K
NOI $30,377 @ 7.0% cap · market cap 4.86%
Second Best
Apartment 5plus
$389.6K
$340.9K – $454.5K
NOI $27,269 @ 7.0% cap · market cap 4.36%
Theoretical Best
Office A
$640.3K
$560.2K – $747.0K
NOI $44,819 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,838
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?
Triplex - Three-unit residential property with varied layouts, multiple private outdoor areas, and dedicated parking for occupants.
Where is this triplex located?
The property is located at 1720 N Sierra Way San Bernardino, CA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Three‑unit property with two 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; Built in 1922; 1‑bedroom unit includes fresh interior paint and newer laminate flooring in the living area
