11-Unit Apartment
734 W Virginia San Bernardino, CA 92405
For Sale
Contact for pricing
Gated onsite parking serves an 11-unit multifamily property featuring 2-bedroom, 1-bath single-story and townhouse-style layouts.
Days on Market95
Property Features for 734 W Virginia
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing Agency:
LE INVESTMENT GROUP
(909) 256-7889
Listed By:
Albert Le · License #01468313
Source:
Crexi
Added: Apr 20
Changed: Jul 23
Last Checked: Jul 23 at 5:15AM
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 LE INVESTMENT GROUP
Investment Insights
Based on property information with market context.
This 11-unit apartment property consists entirely of 2-bedroom, 1-bath units with spacious layouts and a mix of single-story and townhouse-style configurations. The townhouse-style units include two-story floorplans with private yards, supporting longer tenancies and lower turnover. The property is professionally managed and has been consistently maintained.
The asset is located just south of the 210 Freeway near the San Bernardino foothills, with convenient access to shopping, employment centers, and major transportation routes. Onsite parking is gated.
Set on a 0.41-acre lot, the unit mix totals four single-story units and seven townhouse-style units, each averaging approximately 883 square feet. The current operating profile is described as a stable in-place return with additional upside tied to rental growth and improved operations.
The asset is located just south of the 210 Freeway near the San Bernardino foothills, with convenient access to shopping, employment centers, and major transportation routes. Onsite parking is gated.
Set on a 0.41-acre lot, the unit mix totals four single-story units and seven townhouse-style units, each averaging approximately 883 square feet. The current operating profile is described as a stable in-place return with additional upside tied to rental growth and improved operations.
Key Highlights
- 11‑unit multifamily in San Bernardino on a 0.41‑acre lot, offering a mix of four single‑story and seven townhouse‑style 2BD/1BA units
- Current cap rate of 5.59% with a 7.99% pro forma cap rate, supported by projected NOI growth from ~$134K to ~$191K (~43% increase)
- Current GRM of 11.63 with an 8.62 pro forma GRM, with upside tied to rental increases and improved operations
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Gated onsite parking serves an 11-unit multifamily property featuring 2-bedroom, 1-bath single-story and townhouse-style layouts.
Where is this apartment building located?
The property is located at 734 W Virginia San Bernardino, CA.
What is the asking price?
The asking price for this property is $2,399,000.
What are key features of this property?
This property features: 11‑unit multifamily in San Bernardino on a 0.41‑acre lot, offering a mix of four single‑story and seven townhouse‑style 2BD/1BA units; Current cap rate of 5.59% with a 7.99% pro forma cap rate, supported by projected NOI growth from ~$134K to ~$191K (~43% increase); Current GRM of 11.63 with an 8.62 pro forma GRM, with upside tied to rental increases and improved operations
