Modern Triplex with Accessory
For Sale
$950,000
Pending
648 W 21st Street, San Bernardino, CA 92405
Three-unit residential property with separate laundry facilities, attached parking, solar panels, and contemporary interior finishes.
Property Size3,100 SF
Days on Market116
Property Features for 648 W 21st Street
General Information
Standard status
Pending
Size
3,100 SF
Property subtype
Triplex
Units
Unit Mix
1 x 4BR/2BA, 1 x 1BR/1BA, 1 x 3BR/2BA
Multifamily Units
3
Additional Details
Highway Access
Yes
Amenities
interior laundry room
private patio
Building Details
Building Size
3,100 SF
Year Built
2026
Buildings
2
Listing Agency:
RE/MAX CHAMPIONS 951-204-8205 Overview Additional information MLS R ID IV26137346 Interior features Cooling Yes Heating Yes Exterior features Lot Size 0.23 Acres Other property details Garage Yes View Yes New Construction Yes 55+/Senior Community No Michael Mucino | CA DRE# 01374697 Camden McKay Realty Request a tour Contact agent Request a tour Contact agent Listed by HILDA PATINO CA DRE# 01181910 with RE/MAX CHAMPIONS 951-204-8205
Listed By:
HILDA PATINO CA DRE# 01181910 · License #01181910
(951) 204-8205
Source:
Camdenmckayre
Added: Jun 24
Changed: Oct 10
Last Checked: Oct 16 at 6:21PM
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 CHAMPIONS 951-204-8205 Overview Additional information MLS R ID IV26137346 Interior features Cooling Yes Heating Yes Exterior features Lot Size 0.23 Acres Other property details Garage Yes View Yes New Construction Yes 55+/Senior Community No Michael Mucino | CA DRE# 01374697 Camden McKay Realty Request a tour Contact agent Request a tour Contact agent Listed by HILDA PATINO CA DRE# 01181910 with RE/MAX CHAMPIONS 951-204-8205
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Investment Insights
Based on property information with market context.
Built in 2026, this triplex at 648 W 21st St includes a four-bedroom, two-bathroom main residence with tile flooring, central heating and air conditioning, an interior laundry room, and a two-car attached garage. The property also includes an attached one-bedroom, one-bathroom junior accessory dwelling unit with dedicated laundry facilities and a detached three-bedroom, two-bathroom accessory dwelling unit with a private patio.
The San Bernardino property is positioned near the 215 and 210 freeways, with access to Yaamava’ Resort & Casino and local educational institutions. Fully paid solar panels are included, along with separate residential spaces that provide a varied three-unit configuration.
The San Bernardino property is positioned near the 215 and 210 freeways, with access to Yaamava’ Resort & Casino and local educational institutions. Fully paid solar panels are included, along with separate residential spaces that provide a varied three-unit configuration.
Key Highlights
- Three‑unit configuration with a 4‑bedroom, 2‑bathroom main residence
- Attached 1‑bedroom, 1‑bathroom junior accessory dwelling unit
- Detached 3‑bedroom, 2‑bathroom accessory dwelling unit with private patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,294
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$885,880
$885.9K
Cap Rate 7%
$632,771
$632.8K
Cap Rate 9%
$492,156
$492.2K
Market Conditions
NOI Build-Up for 3,100 SF
Gross rent
$67.0K $21.60/SF
− Vacancy
−$3.7K −$1.19/SF
EGI
$63.3K $20.41/SF
− OpEx
−$19.0K −$6.12/SF
NOI
$44.3K $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%
$885,880
Cap Rate 7%
$632,771
Cap Rate 9%
$492,156
Alternative Uses
Best Use
Multifamily LT 5
$632.8K
$553.7K – $738.2K
NOI $44,294 @ 7.0% cap · market cap 4.66%
Second Best
Apartment 5plus
$568.0K
$497.0K – $662.7K
NOI $39,762 @ 7.0% cap · market cap 4.19%
Theoretical Best
Office A
$933.6K
$816.9K – $1.09M
NOI $65,353 @ 7.0% cap · market cap 6.88%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
927
Businesses Nearby
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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
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit residential property with separate laundry facilities, attached parking, solar panels, and contemporary interior finishes.
Where is this triplex located?
The property is located at 648 W 21st Street San Bernardino, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Three‑unit configuration with a 4‑bedroom, 2‑bathroom main residence; Attached 1‑bedroom, 1‑bathroom junior accessory dwelling unit; Detached 3‑bedroom, 2‑bathroom accessory dwelling unit with private patio
