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Listed by: ALBERT LE (909) 256-7889 DRE #01468313 | LE INVESTMENT GROUP (909) 256-7889
$2,399,000
4 Beds
2 Baths
9,864sqft
734 W Virginia, San Bernardino, CA 92405
$2,399,000
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Apartment
Built in 1950
$-- HOA
0.41 acre lot
$243/sq.ft
Description
Highlights: Current Cap Rate of 5.59% with a 7.99% ProForma Cap Rate. Strong in place return with clear upside through rental increases and improved operations / Current GRM of 11.63 with a 8.62 ProForma GRM / Projected NOI Growth from ~$134K to ~$191K (~43% Increase) Significant income upside driven by repositioning to market rents / Attractive Unit Mix – 100% 2BD/1BA Units (~883 SF Average) Spacious layouts that appeal to working individuals, families, and long-term tenants seeking larger living spaces / Desirable Mix of Single-Story & Townhouse-Style Units.
734 W Virginia Street is an 11-unit apartment property in San Bernardino featuring a mix of four single-stor...
- Houzeo last checked: 11 minutes ago
- Listing updated: June 11, 2026 at 12:38 am
- Source: California Regional MLS-CA | MLS#: IV26126668
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1950
HOA Fees
-
Finished Area
9,864 sqft
Lot Size
0.41 acre lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
IV26126668
MLS Status
Active
Days on Market
75
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