Upgraded Fourplex Investment
2523 Ogden St 1-4 San Bernardino, CA 92407
For Sale
$1,100,000
Turnkey fourplex with strong cash flow and recent upgrades.
Lot Size0.64 Acres
Days on Market93
Property Features for 2523 Ogden St 1-4
General Information
- Standard status
- Active
- Lot size
- 0.64 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1949
Listing Agency:
(626) 408-4657
Listed By:
VUOCHMEY LAY
(626) 408-4657
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 24 at 12:44PM
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 VUOCHMEY LAY
Investment Insights
Based on property information with market context.
This upgraded four-unit property presents an investment opportunity with an 8.10% cap rate. Located in a North San Bernardino community, the property features three 2-bedroom, 1-bath units and one 3-bedroom, 2-bath unit. The units have functional layouts and modern open-floor-plan interiors. Substantial capital improvements include new electrical panels, four individual electrical meters, new reroofing, and 13 newly installed split HVAC systems with A/C units in individual rooms. Durable tile flooring is installed throughout. Each unit includes a private front yard and fenced backyard, in-unit washer and dryer hookups, and on-site parking. Unit #2 was recently rented within three days of listing. Current rents are below market levels, offering potential for future increases. The property is situated on a spacious lot. The location has a bike score of 28, indicating it is somewhat bikeable, a walk score of 8, indicating car-dependent, and a transit score of 14, indicating minimal transit. The property offers immediate income and future growth potential.
Key Highlights
- High 8.10% Cap Rate: Provides strong cash flow.
- Fully Upgraded: Includes new electrical panels, individual electrical meters, reroofing, and 13 split HVAC systems.
- Spacious Units with Private Outdoor Space: Features three 2‑bedroom/1‑bath units and one 3‑bedroom/2‑bath unit, each with a private front yard and fenced backyard.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Turnkey fourplex with strong cash flow and recent upgrades.
Where is this quadplex located?
The property is located at 2523 Ogden St 1-4 San Bernardino, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: High 8.10% Cap Rate: Provides strong cash flow.; Fully Upgraded: Includes new electrical panels, individual electrical meters, reroofing, and 13 split HVAC systems.; Spacious Units with Private Outdoor Space: Features three 2‑bedroom/1‑bath units and one 3‑bedroom/2‑bath unit, each with a private front yard and fenced backyard.
