Two-Home Residential Income
2165 Sepulveda San Bernardino, CA 92404
For Sale
$570,000
MULTI_FAMILY - San Bernardino, CA
Property Size1,715 SF
Lot Size0.14 Acres
Price / SF$332.36
Days on Market101
Property Features for 2165 Sepulveda
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 3, Laundry Room, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 1
- Interior features
- Ceiling Fan(s)
- Appliances
- Gas Range
- Standard status
- Active
- APN
- 0146023090000
- Lot size
- 0.14 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1926
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl, Laminate, Tile
- Roof type
- Shingle
Listing Agency:
ALTICORE REALTY
(951) 924-4292
Listed By:
ALFREDO CORDOVA · License #01515008
(951) 563-4500
Added: Apr 14
Changed: Jul 22
Last Checked: Jul 23 at 1:06PM
MLS# IV26080289
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This residential income property includes two detached single-family homes on one lot. The front home features 3 bedrooms and 1 bathroom (approximately 1,120 sq ft) and was updated within the past year. The rear home includes 1 bedroom and 1 bathroom (approximately 595 sq ft), and an attached 2-car garage has been converted into additional living space (not permitted), functioning as a 2-bedroom, 1-bath configuration.
Separate gas and electric meters serve the homes, while there is a shared water meter. The property is described as being very close to San Bernardino Medical Center. Both units are currently tenant-occupied on month-to-month leases, and the ownership history reflects long-term tenants and minimal vacancy.
The listing also notes professional management and ongoing maintenance over the years, with most water, sewer, and trash bills currently billed back to tenants.
Separate gas and electric meters serve the homes, while there is a shared water meter. The property is described as being very close to San Bernardino Medical Center. Both units are currently tenant-occupied on month-to-month leases, and the ownership history reflects long-term tenants and minimal vacancy.
The listing also notes professional management and ongoing maintenance over the years, with most water, sewer, and trash bills currently billed back to tenants.
Key Highlights
- Two detached single‑family homes on one lot in San Bernardino, each currently tenant‑occupied on month‑to‑month leases.
- Front home: 3 bed / 1 bath, approx. 1,120 sq ft; updated within the past year.
- Rear home: 1 bed / 1 bath, approx. 595 sq ft; recently updated about 3 months ago.
Financial Insights For Multifamily LT 5
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 | $37.0k | $21.60 |
| − Vacancy | −$2.0k | −$1.19 |
| EGI | $35.0k | $20.41 |
| − OpEx | −$10.5k | −$6.12 |
| NOI | $24.5k | $14.29 |
1,715 SF · lease $21.60/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$350.1K
$306.3K – $408.4K
NOI $24,505 @ 7.0% cap · market cap 4.30%
Second Best
Apartment 5plus
$314.2K
$275.0K – $366.6K
NOI $21,997 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$516.5K
$451.9K – $602.6K
NOI $36,155 @ 7.0% cap · market cap 6.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two detached single-family homes on one lot with separate gas and electric meters and tenant-occupied month-to-month leases.
Where is this duplex located?
The property is located at 2165 Sepulveda San Bernardino, CA.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: Two detached single‑family homes on one lot in San Bernardino, each currently tenant‑occupied on month‑to‑month leases.; Front home: 3 bed / 1 bath, approx. 1,120 sq ft; updated within the past year.; Rear home: 1 bed / 1 bath, approx. 595 sq ft; recently updated about 3 months ago.
