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734 W Virginia

San Bernardino, CA 92405
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Bed 0

Bed

Bath 0

Bath

SqFt9,864

Sqft

SqFt17,859.60

Sqft(Lot)

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-story and seven townhouse-style 2-bedroom, 1-bath units averaging approximately 883 square feet. The townhouse units include t wo-story floorplans with private yards, helping support longer tenancy and lower turnover. Located just south of the 210 Freeway near the San Bernardino foothills, the property offers convenient access to shopping, employment centers, and major transportation routes, along with gated onsite parking on a 0.41-acre lot. The property has been consistently maintained and professionally managed, contributing to a stable tenant base and reduced turnover. With spacious layouts, private outdoor space, and solid in-place income, the asset offers additional upside through future rental growth and presents a strong value-add investment opportunity.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,399,000

AD Id : 82512288

MLS Id : IV26126668

Lot Size : 17,859.60 Sq. Ft

Living Area Size : 9,864 Sq. Ft

Year Built : 1950

County : San Bernardino

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Feature Features

  • Building Information

    Year Built: 1950
    Building Area Total: 9864
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 0.41 Lot Size Acres: 0.41 Lot Size Source: Public Records Lot Size Square Feet: 17,860 Lot Description: Front Yard

  • Listing Price Information

    Listing Price: $2399000
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  • Tax Information

    Parcel Number: 0145164290000 Tax Lot: 6

  • Location Information

    Direction: 734 W Virginia Street San Bernardino CA 92405 WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3898 N Mountain View, San Bernardino, CA, 92405 $495,000 2 1 834 4,800 Sq. Ft
3646 Genevieve, San Bernardino, CA, 92405 $539,900 3 2 1,482 6,250 Sq. Ft
3280 Genevieve, San Bernardino, CA, 92405 $460,000 3 1 1,429 6,200 Sq. Ft
3612 N Pershing, San Bernardino, CA, 92405 $489,999 2 1 846 6,700 Sq. Ft
3285 N Mountain View, San Bernardino, CA, 92405 $480,000 2 1 878 6,250 Sq. Ft
339 Edgerton Drive, San Bernardino, CA, 92405 $549,900 2 2 1,609 15,400 Sq. Ft
3396 N Pershing, San Bernardino, CA, 92405 $465,000 3 2 1,166 7,906 Sq. Ft
2828 N Sierra Way, San Bernardino, CA, 92405 $419,888 2 1 775 6,250 Sq. Ft
3560 N Mayfield, San Bernardino, CA, 92405 $559,000 4 2 1,318 7,722 Sq. Ft
449 Skylark, San Bernardino, CA, 92405 $1,150,000 4 5 4,108 16,609 Sq. Ft

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 09/27/2026 @ 22:52

MLS: IV26126668 LISTED BY: ALBERT LE, LE INVESTMENT GROUP 909-256-7889 SOURCE: CRMLS

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