4-Unit
For Sale
$850,000
188 E 11th ST Unit 1-4, San Bernardino, CA 92410
Separate gas and electric meters serve every residence, alongside in-unit washer and dryer hookups.
Property Size2,922 SF
Price / SF$290.90
Days on Market27
Property Features for 188 E 11th ST Unit 1-4
General Information
Standard status
Active
Size
2,922 SF
Property subtype
MULTI_FAMILY
Site & Location
Neighborhood
Hanes Park
Units
Multifamily Units
4
Individually Metered Utilities
gas, electric
Amenities
washer/dryer hookups
fully gated
gated parking
Building Details
Building Size
2,922 SF
Year Built
1963
Listing Agency:
IRN Realty
Listed By:
Vince Kwon · License #01778421
(626) 374-5121
Source:
Humanelementre
Added: Oct 1
Changed: Oct 26
Last Checked: Oct 26 at 3:53PM
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 IRN Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This four-unit property contains 2,922 square feet and was built in 1963. The unit mix includes one- and two-bedroom layouts, with configurations of one bedroom and one bathroom or two bedrooms and two bathrooms. Each residence has washer and dryer hookups, plus separate gas and electric meters.
The property at 188 E 11th Street is in San Bernardino, California. A gated perimeter and gated parking at the rear serve the property; parking spaces have been repainted.
The property at 188 E 11th Street is in San Bernardino, California. A gated perimeter and gated parking at the rear serve the property; parking spaces have been repainted.
Key Highlights
- Four residential units totaling 2,922 square feet
- Unit layouts include 1‑bedroom/1‑bathroom and 2‑bedroom/2‑bathroom configurations
- Built in 1963
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,751
Cap Rate
4.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$835,020
$835.0K
Cap Rate 7%
$596,443
$596.4K
Cap Rate 9%
$463,900
$463.9K
Market Conditions
NOI Build-Up for 2,922 SF
Gross rent
$63.1K $21.60/SF
− Vacancy
−$3.5K −$1.19/SF
EGI
$59.6K $20.41/SF
− OpEx
−$17.9K −$6.12/SF
NOI
$41.8K $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%
$835,020
Cap Rate 7%
$596,443
Cap Rate 9%
$463,900
Alternative Uses
Best Use
Multifamily LT 5
$596.4K
$521.9K – $695.9K
NOI $41,751 @ 7.0% cap · market cap 4.91%
Second Best
Apartment 5plus
$535.4K
$468.5K – $624.7K
NOI $37,479 @ 7.0% cap · market cap 4.41%
Theoretical Best
Office A
$880.0K
$770.0K – $1.03M
NOI $61,600 @ 7.0% cap · market cap 7.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,159
Businesses Nearby
Explore this area
Business Placement
Demographics for 92410, CA
51,651
Population
14,325
Households
3.6
Avg Household Size
30
Median Age
6%
College-Educated
66%
High-School Grad
8.2 sq mi
ZIP Area
6,299
Density / Sq Mi
$53,390
Median Household Income
$32,474
Median Earnings
$1,303
Median Rent
$273,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Separate gas and electric meters serve every residence, alongside in-unit washer and dryer hookups.
Where is this quadplex located?
The property is located at 188 E 11th ST Unit 1-4 San Bernardino, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Four residential units totaling 2,922 square feet; Unit layouts include 1‑bedroom/1‑bathroom and 2‑bedroom/2‑bathroom configurations; Built in 1963
