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1319 Acacia

San Bernardino, CA 92405
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Bed 0

Bed

Bath 0

Bath

SqFt15,742

Sqft

SqFt30,560

Sqft(Lot)

HIGHLIGHTS: Attractive going in and stabilized returns, featuring a 5.90% current cap rate and a 6.88% pro forma cap rate. (+20% NOI increase through rent growth) / $4,500 in monthly rent increases realized & an additional $4,000+ in monthly upside remaining to be captured through continued market rent adjustments / Extensive capital improvements completed under current ownership, new roofing, all new rooftop HVAC units, 25% of the units have interior updates. / Diversified ancillary income of $13,440 annually from laundry, pet rent, and garage income. / Recently renovated onsite laundry facility, featuring a $25,000 capital investment. Non-renovated units $6,000/unit in targeted updates. / Secure, fully gated community enhanced by a comprehensive 44 camera security system. / Desirable un it mix. / The apartment community located at 1319 Acacia Avenue in San Bernardino, California is ideally positioned between the I-215, I-10, and I-210 freeways, offering excellent regional connectivity. Situated on a 0.70-acre corner lot, the property benefits from strong visibility, convenient access, and onsite parking. The 22-unit community features a highly desirable unit mix consisting of (12) one-bedroom/ one-bath units, (9) two-bedroom/one-bath units, and (1) three-bedroom/two-bath unit, allowing the property to attract a broad tenant demographic. Current ownership has made extensive capital improvements, significantly enhancing both operational efficiency and tenant appeal. Upgrades include all new rooftop HVAC units, new roofing, and full interior renovations to approximately 25% of the units. The property is fully gated and secured by a comprehensive 44-camera security system, reinforcing resident safety and long-term asset stability. Additionally, the onsite laundry facility has undergone a $25,000 renovation, generating approximately $2,400 in annual laundry income, along with $2,640 in annual garage income and $8,400 in annual pet income.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $3,995,000

AD Id : 76534345

MLS Id : IV26066422

Lot Size : 30,560 Sqft

Living Area Size : 15,742

Year Built : 1987

County : San Bernardino

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Feature Features

  • Building Information

    Year Built: 1987
    Building Area Total: 15742
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 30560 Lot Size Acres: 0.7016 Lot Size Source: Assessor Lot Size Square Feet: 30,560 Lot Description: 11-15 Units/Acre

  • Listing Price Information

    Listing Price: $3995000
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  • Tax Information

    Parcel Number: 0145203550000 Tax Lot: 55

  • Location Information

    Direction: Acacia Ave WaterSource: Public
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Nearby Home Value

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304 Edgerton Drive, San Bernardino, CA, 92405 $619,000 4 3 2,474 2,474 SqFt
2895 N Sierra Way, San Bernardino, CA, 92405 $499,900 3 1 1,300 1,300 SqFt
339 Edgerton Drive, San Bernardino, CA, 92405 $574,900 2 2 1,609 1,609 SqFt
2727 N Sierra Way, San Bernardino, CA, 92405 $469,000 2 1 902 902 SqFt
449 Skylark, San Bernardino, CA, 92405 $1,150,000 4 5 4,108 4,108 SqFt
3524 N Stoddard, San Bernardino, CA, 92405 $491,000 2 2 1,285 1,285 SqFt
215 W 23rd, San Bernardino, CA, 92405 $458,000 3 1 1,000 1,000 SqFt
1725 Genevieve Street, San Bernardino, CA, 92405 $499,000 3 1 936 936 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/12/2026 @ 08:52

MLS: IV26066422 LISTED BY: ALBERT LE, LE INVESTMENT GROUP 909-256-7889 SOURCE: CRMLS

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