Townhouse-Style 4-Unit
For Sale
$990,000
4485 N Sierra Way, San Bernardino, CA 92407
Four townhouse-style units include attached single-car garages, washer and dryer hookups, and central HVAC.
Property Size3,960 SF
Days on Market112
Property Features for 4485 N Sierra Way
General Information
Standard status
Active
Size
3,960 SF
Total Parking Spaces
4
Property subtype
Multifamily
Additional Details
Highway Access
Yes
Multifamily Units
4
Amenities
Desirable unit mix consisting of (3) two bedroom / one-and-a-half bath townhouse style units and (1) two bedroom / two bathroom unit
Single-car garage parking for each unit
Washer and dryer hookups
Central air conditioning and heating in all units
Two units feature private enclosed patios
Building Details
Building Size
3,960 SF
Units
4
Tenancy
Multi
Listing Agency:
Inland Empire Office
(909) 456-3400
Listed By:
Oscar Diaz · License #CA: 02022902
(213) 943-1884
Source:
Marcusmillichap
Added: Jul 3
Changed: Oct 21
Last Checked: Oct 20 at 5:03PM
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 Inland Empire Office
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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.
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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,582
Cap Rate
5.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,131,640
$1.1M
Cap Rate 7%
$808,314
$808.3K
Cap Rate 9%
$628,689
$628.7K
Market Conditions
NOI Build-Up for 3,960 SF
Gross rent
$85.5K $21.60/SF
− Vacancy
−$4.7K −$1.19/SF
EGI
$80.8K $20.41/SF
− OpEx
−$24.2K −$6.12/SF
NOI
$56.6K $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%
$1,131,640
Cap Rate 7%
$808,314
Cap Rate 9%
$628,689
Alternative Uses
Best Use
Multifamily LT 5
$808.3K
$707.3K – $943.0K
NOI $56,582 @ 7.0% cap · market cap 5.72%
Second Best
Apartment 5plus
$725.6K
$634.9K – $846.6K
NOI $50,793 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,483 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
444
Businesses Nearby
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Business Placement
Demographics for 92407, CA
67,814
Population
19,029
Households
3.6
Avg Household Size
31
Median Age
19%
College-Educated
78%
High-School Grad
81.7 sq mi
ZIP Area
830
Density / Sq Mi
$83,662
Median Household Income
$38,967
Median Earnings
$1,771
Median Rent
$473,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
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
