Three-Unit Multifamily
For Sale
$680,000
Pending
357 W 10th, San Bernardino, CA 92410
Income-producing residential property with varied unit layouts and access to major freeways.
Property Size2,304 SF
Days on Market47
Property Features for 357 W 10th
General Information
Standard status
Pending
Size
2,304 SF
Property subtype
Investment
Site & Location
Neighborhood
Hanes Park
Highway Access
Yes
Units
Unit Mix
1 x 3BR/2BA, 2 x 1BR/1BA
Multifamily Units
3
Building Details
Building Size
2,304 SF
Year Built
1922
Stories
2
Units
3
Listed By:
Andy Chen
(909) 287-2222
Source:
Elliman
Added: Sep 11
Changed: Oct 25
Last Checked: Oct 26 at 6:02PM
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 Andy Chen
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Investment Insights
Based on property information with market context.
This multifamily property contains three residential units built in 1922. The unit mix includes one three-bedroom, two-bath residence and two additional one-bedroom, one-bath residences, providing different residential configurations within the same asset.
The property is located at 357 W 10th in San Bernardino, California, with access to major freeway routes. Walk Score is 51, categorized as Somewhat Walkable, while Bike Score is 50, categorized as Bikeable. Transit Score is 43, reflecting Some Transit.
The property is located at 357 W 10th in San Bernardino, California, with access to major freeway routes. Walk Score is 51, categorized as Somewhat Walkable, while Bike Score is 50, categorized as Bikeable. Transit Score is 43, reflecting Some Transit.
Key Highlights
- Three‑unit multifamily property built in 1922
- Unit mix includes one 3‑bedroom, 2‑bath unit and two 1‑bedroom, 1‑bath units
- Located at 357 W 10th, San Bernardino, CA 92410
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,920
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$658,400
$658.4K
Cap Rate 7%
$470,286
$470.3K
Cap Rate 9%
$365,778
$365.8K
Market Conditions
NOI Build-Up for 2,304 SF
Gross rent
$49.8K $21.60/SF
− Vacancy
−$2.7K −$1.19/SF
EGI
$47.0K $20.41/SF
− OpEx
−$14.1K −$6.12/SF
NOI
$32.9K $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%
$658,400
Cap Rate 7%
$470,286
Cap Rate 9%
$365,778
Alternative Uses
Best Use
Multifamily LT 5
$470.3K
$411.5K – $548.7K
NOI $32,920 @ 7.0% cap · market cap 4.84%
Second Best
Apartment 5plus
$422.2K
$369.4K – $492.5K
NOI $29,552 @ 7.0% cap · market cap 4.35%
Theoretical Best
Office A
$693.9K
$607.2K – $809.5K
NOI $48,572 @ 7.0% cap · market cap 7.14%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,279
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Income-producing residential property with varied unit layouts and access to major freeways.
Where is this triplex located?
The property is located at 357 W 10th San Bernardino, CA.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Three‑unit multifamily property built in 1922; Unit mix includes one 3‑bedroom, 2‑bath unit and two 1‑bedroom, 1‑bath units; Located at 357 W 10th, San Bernardino, CA 92410
