Remodeled Duplex with Private
For Sale
$529,000
3927 Acre, San Bernardino, CA 92405
Two units offer one- and two-bedroom layouts with separate outdoor space.
Property Size1,296 SF
Days on Market13
Property Features for 3927 Acre
General Information
Standard status
Active
Size
1,296 SF
Property subtype
Duplex
Building Details
Building Size
1,296 SF
Year Built
1950
Listing Agency:
RE/MAX TIME REALTY
Listed By:
Johnny Rojas · License #01051096
(909) 373-0880
Source:
Camdenmckayre
Added: Sep 14
Changed: Sep 26
Last Checked: Sep 24 at 7:11PM
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 RE/MAX TIME REALTY
Investment Insights
Based on property information with market context.
This duplex contains two separate residences, including one one-bedroom unit and one two-bedroom unit. Each residence has its own private yard, providing dedicated outdoor space for occupants. The property was built in 1950 and received approximately 90% new construction in 2022, including updated plumbing and electrical systems, dual-pane windows, and a new roof.
Positioned at the end of a cul-de-sac in San Bernardino’s Arrowhead Farms area, the property is located near Cal State San Bernardino. The two-unit configuration supports flexible occupancy, including living in one residence while leasing the other or leasing both units.
Positioned at the end of a cul-de-sac in San Bernardino’s Arrowhead Farms area, the property is located near Cal State San Bernardino. The two-unit configuration supports flexible occupancy, including living in one residence while leasing the other or leasing both units.
Key Highlights
- Two‑unit duplex with one 1‑bedroom residence and one 2‑bedroom residence
- Approximately 90% new construction completed in 2022
- 2022 improvements include new plumbing and electrical systems
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,518
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$370,360
$370.4K
Cap Rate 7%
$264,543
$264.5K
Cap Rate 9%
$205,756
$205.8K
Market Conditions
NOI Build-Up for 1,296 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$28.0K $21.60/SF
− Vacancy
−$1.5K −$1.19/SF
EGI
$26.5K $20.41/SF
− OpEx
−$7.9K −$6.12/SF
NOI
$18.5K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$370,360
Cap Rate 7%
$264,543
Cap Rate 9%
$205,756
Alternative Uses
Best Use
Multifamily LT 5
$264.5K
$231.5K – $308.6K
NOI $18,518 @ 7.0% cap · market cap 3.50%
Second Best
Apartment 5plus
$237.5K
$207.8K – $277.1K
NOI $16,623 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$390.3K
$341.5K – $455.4K
NOI $27,322 @ 7.0% cap · market cap 5.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
466
Businesses Nearby
Explore this area
Business Placement
Demographics for 92405, CA
32,165
Population
9,727
Households
3.3
Avg Household Size
31
Median Age
13%
College-Educated
74%
High-School Grad
5.0 sq mi
ZIP Area
6,433
Density / Sq Mi
$59,271
Median Household Income
$32,066
Median Earnings
$1,424
Median Rent
$376,800
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
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Frequently Asked Questions
What type of property is this?
Duplex - Two units offer one- and two-bedroom layouts with separate outdoor space.
Where is this duplex located?
The property is located at 3927 Acre San Bernardino, CA.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: Two‑unit duplex with one 1‑bedroom residence and one 2‑bedroom residence; Approximately 90% new construction completed in 2022; 2022 improvements include new plumbing and electrical systems
