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Townhouse-Style 4-Unit Multifamily

4485 N SIERRA WAY San Bernardino, CA 92407

4485 N SIERRA WAY, San Bernardino, CA, 92407
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For Sale
Contact for pricing

Four townhouse-style units include attached single-car garages, washer and dryer hookups, and central HVAC.

Property Size3,960 SF
Price / SF$250
Days on Market22

Property Features for 4485 N SIERRA WAY

General Information

Standard status
Active
Size
3,960 SF
Property subtype
Multifamily

Building Details

Year Built
1978
Listing Agency Marcus & Millichap - Inland Empire
Listed by Sebastian Diaz · License #02109872
Source Crexi
Added: Jun 30 Updated: Jul 20 at 4:35 pm Checked: Jul 20 at 4:35 pm

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 Marcus & Millichap - Inland Empire


Investment Insights

Based on property information with market context.

Located at 4485 N Sierra Way in San Bernardino, this well-maintained four-unit multifamily property features townhouse-style floor plans designed to provide a more residential feel than traditional apartment layouts. The mix includes three two-bedroom, one-and-a-half-bath units and one two-bedroom, two-bath unit, with the final unit located above the garages. Each unit is equipped with central air conditioning and heating, and residents benefit from an attached single-car garage with washer and dryer hookups.

Two units also offer private enclosed patios, adding usable outdoor space. The combination of townhouse-style layouts, garage parking, and in-unit laundry hookups helps distinguish the property from competing multifamily product.

The asset is presented for sale and offers investors a stabilized residential income profile within North San Bernardino, with convenient access to the 210 and 215 freeways and nearby retail, schools, and employment centers throughout the Inland Empire.

Key Highlights

  • 4‑unit multifamily property built in 1978 in North San Bernardino
  • Unit mix: three 2BR/1.5BA townhouse‑style units plus one 2BR/2BA unit above the garages
  • Townhouse‑style floor plans with attached single‑car garages for each unit

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $85.5k $21.60
− Vacancy −$4.7k −$1.19
EGI $80.8k $20.41
− OpEx −$24.2k −$6.12
NOI $56.6k $14.29
3,960 SF · lease $21.60/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$808.3K
$707.3K – $943.0K (±1% cap)
NOI $56,582 @ 7.0% cap · market cap 5.72%
Second Best
Apartment 5plus
$725.6K
$634.9K – $846.6K (±1% cap)
NOI $50,793 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M (±1% cap)
NOI $83,483 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Hair Salon Spa & Massage Center Kitchen & Bath Showroom Dental Office Skin Care Clinic Big Box & Wholesale Store Accounting Firm Building Supply

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four townhouse-style units include attached single-car garages, washer and dryer hookups, and central HVAC.
Where is this quadplex located?
The property is located at 4485 N SIERRA WAY San Bernardino, CA.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: 4‑unit multifamily property built in 1978 in North San Bernardino; Unit mix: three 2BR/1.5BA townhouse‑style units plus one 2BR/2BA unit above the garages; Townhouse‑style floor plans with attached single‑car garages for each unit
Contact an agent
(909) 266-0934 Call to check price and availability
More about this property
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