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Apartment Building with On-Site Laundry
For Sale
Contact for pricing
Pending

236 East 48th Street, San Bernardino, CA 92404

Two-story multifamily property with varied floor plans, covered and open parking, landscaping, storage, and resident laundry facilities.

Property SizeContact for details
Lot Size0.68 Acres
Days on Market146

Property Features for 236 East 48th Street

General Information

Standard status Pending
Lot size 0.68 Acres
Property subtype Multifamily, Land

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Units

Unit Mix 14 x 1BR/1BA, 2 x 2BR/1BA, 3 x 2BR/2BA, 1 x 3BR/2BA
Multifamily Units 20

Amenities

on-site laundry
abundant covered and open parking
well-manicured landscaping
available on-site storage

Building Details

Year Built 1985
Buildings 1
Stories 2
Listing Agency: Marcus & Millichap - Encino
Listed By: William MacDonald · License #CA 01972917
Source: Crexi
Added: Apr 10 Changed: Sep 2 Last Checked: Aug 31 at 9:51PM

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 Marcus & Millichap - Encino

Investment Insights

Based on property information with market context.

North Sierra Apartments is a 20-unit multifamily property completed in 1985, occupying approximately 0.677 acres. The asset consists of one two-story building with 14 one-bedroom/one-bath units, two two-bedroom/one-bath units, three two-bedroom/two-bath units, and one three-bedroom/two-bath unit. Average unit sizes range from 576 square feet to 945 square feet by floor plan. On-site features include laundry facilities, covered and open parking, landscaped grounds, and storage areas.

The property occupies a full city block along North Sierra Way between East 48th Street and Leroy Street in San Bernardino. National retailers, employment centers, Cal State University San Bernardino, major freeways, and public transportation are located nearby. Exterior areas, common spaces, and unit interiors have received only minor updates since construction, leaving an opportunity for a coordinated renovation program focused on the units, exterior, and common areas.

Key Highlights

  • 20‑unit multifamily property built in 1985
  • Approximately 0.677 acres with one two‑story building
  • Unit mix includes 14 1‑bedroom/1‑bathroom, two 2‑bedroom/1‑bathroom, three 2‑bedroom/2‑bathroom, and one 3‑bedroom/2‑bathroom units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Kitchen & Bath Showroom Skin Care Clinic Hair Salon Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

414
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story multifamily property with varied floor plans, covered and open parking, landscaping, storage, and resident laundry facilities.
Where is this apartment building located?
The property is located at 236 East 48th Street San Bernardino, CA.
What are key features of this property?
This property features: 20‑unit multifamily property built in 1985; Approximately 0.677 acres with one two‑story building; Unit mix includes 14 1‑bedroom/1‑bathroom, two 2‑bedroom/1‑bathroom, three 2‑bedroom/2‑bathroom, and one 3‑bedroom/2‑bathroom units
More about this property
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