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Three-Unit Residential Property
New
For Sale
$550,000

24868 5th St A-C, San Bernardino, CA 92410

Three separately addressed dwellings include a renovated primary residence and on-site parking for multiple vehicles.

Property Size1,850 SF
Days on Market4

Property Features for 24868 5th St A-C

General Information

Standard status Active
Size 1,850 SF
Total Parking Spaces 7
Property subtype Investment

Financials

Asking Price $550,000
Gross Income $73,884

Units

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

Building Details

Building Size 1,850 SF
Year Built 1938
Stories 1
Units 3
Listing Agency: Century 21 Allstars
Listed By: Alberto Meza · License #02201262
Source: Elliman
Added: Oct 14 Changed: Oct 16 Last Checked: Oct 16 at 11:13AM

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 Century 21 Allstars

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Investment Insights

Based on property information with market context.

This three-unit residential property includes a recently renovated main dwelling with three bedrooms and two bathrooms, a one-bedroom, one-bathroom unit, and a separate rear unit. Each dwelling has its own address. The property was built in 1938.

A driveway provides parking for up to 7 vehicles. The property is in San Bernardino, with San Bernardino International Airport identified as a nearby destination.

Key Highlights

  • Three separate residential units, each with its own address
  • Renovated main unit has 3 bedrooms and 2 bathrooms
  • Second unit has 1 bedroom and 1 bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,434
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$528,680 $528.7K
Cap Rate 7%
$377,629 $377.6K
Cap Rate 9%
$293,711 $293.7K
Market Conditions
NOI Build-Up for 1,850 SF
Gross rent
$40.0K $21.60/SF
− Vacancy
−$2.2K −$1.19/SF
EGI
$37.8K $20.41/SF
− OpEx
−$11.3K −$6.12/SF
NOI
$26.4K $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%
$528,680
Cap Rate 7%
$377,629
Cap Rate 9%
$293,711

Alternative Uses

Best Use
Multifamily LT 5
$377.6K
$330.4K – $440.6K (±1% cap)
NOI $26,434 @ 7.0% cap · market cap 4.81%
Second Best
Apartment 5plus
$339.0K
$296.6K – $395.5K (±1% cap)
NOI $23,729 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$557.2K
$487.5K – $650.0K (±1% cap)
NOI $39,001 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Electrical Service Spa & Massage Center Bakery

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

302
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three separately addressed dwellings include a renovated primary residence and on-site parking for multiple vehicles.
Where is this triplex located?
The property is located at 24868 5th St A-C San Bernardino, CA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Three separate residential units, each with its own address; Renovated main unit has 3 bedrooms and 2 bathrooms; Second unit has 1 bedroom and 1 bathroom
More about this property
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