Two Fourplexes in San
For Sale
$1,750,000
258 266 E Bryant Street, San Bernardino, CA 92408
Two fourplexes offer residential financing and upside rental potential.
Property Size6,480 SF
Price / SF$270.06
Days on Market326
Property Features for 258 266 E Bryant Street
General Information
Standard status
Active
Size
6,480 SF
Property subtype
Multifamily
Building Details
Building Size
6,480 SF
Year Built
1987
Listing Agency:
Lee & Associates - Newport Beach
Listed By:
John Gessford · License #01137479
(949) 724-1000
Source:
Lee-associates
Added: Nov 26, 2025
Changed: Aug 8
Last Checked: Aug 8 at 12:36PM
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 Lee & Associates - Newport Beach
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Investment Insights
Based on property information with market context.
Located in downtown San Bernardino, this property features two fourplexes, each on its own parcel, offering a rare opportunity to purchase eight units with residential financing. This allows for a lower down payment and a reduced interest rate compared to typical 5+ unit financing, with potential for FHA financing. Each tenant benefits from their own carport, a significant advantage over competing apartments in the area. The property is also gate-ready, with an existing chain link gate that can be replaced. The current rents are estimated to be 26% below market rents, translating into a potential 26% increase in rental revenue. There is potential to add ADUs in the front, back, and/or parking area, which would further increase the ROI. The property is located within a designated Opportunity Zone, offering potential investors favorable tax incentives. The property's location offers easy access to major transportation routes, such as Interstate 215 and the Metrolink commuter rail system. The neighborhood around the property features a mix of residential, commercial, and entertainment establishments, with local shops, restaurants, and cafes within walking distance. San Bernardino is home to several educational institutions, including California State University, San Bernardino, which is a short drive away from the property. The property size is 6480 square feet.
Key Highlights
- Residential Financing Available: Purchase eight units with residential financing.
- Upside Rental Potential: Current rents estimated 26% below market, offering significant increase in rental revenue.
- ADU Potential: Opportunity to add ADUs in multiple locations (Buyer to investigate).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$92,589
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,851,780
$1.9M
Cap Rate 7%
$1,322,700
$1.3M
Cap Rate 9%
$1,028,767
$1.0M
Market Conditions
NOI Build-Up for 6,480 SF
Gross rent
$140.0K $21.60/SF
− Vacancy
−$7.7K −$1.19/SF
EGI
$132.3K $20.41/SF
− OpEx
−$39.7K −$6.12/SF
NOI
$92.6K $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%
$1,851,780
Cap Rate 7%
$1,322,700
Cap Rate 9%
$1,028,767
Alternative Uses
Best Use
Multifamily LT 5
$1.32M
$1.16M – $1.54M
NOI $92,589 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$1.19M
$1.04M – $1.39M
NOI $83,115 @ 7.0% cap · market cap 4.75%
Theoretical Best
Office A
$1.95M
$1.71M – $2.28M
NOI $136,609 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,074
Businesses Nearby
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Business Placement
Demographics for 92408, CA
13,488
Population
4,403
Households
3.1
Avg Household Size
32
Median Age
19%
College-Educated
73%
High-School Grad
10.5 sq mi
ZIP Area
1,285
Density / Sq Mi
$63,696
Median Household Income
$32,122
Median Earnings
$1,314
Median Rent
$407,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Two fourplexes offer residential financing and upside rental potential.
Where is this quadplex located?
The property is located at 258 266 E Bryant Street San Bernardino, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Residential Financing Available: Purchase eight units with residential financing.; Upside Rental Potential: Current rents estimated 26% below market, offering significant increase in rental revenue.; ADU Potential: Opportunity to add ADUs in multiple locations (Buyer to investigate).
