Active

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 : Residential Income

Price : $2,399,000

AD Id : 82512288

MLS Id : IV26126668

Lot Size : 17,859.60 Sqft

Living Area Size : 9,864

Year Built : 1950

County : San Bernardino

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer

  • Building Information

    Year Built: 1950 Building Area Total: 9,864
  • Pool Features

    None

    Laundry Features

    Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.41
  • Lot Size Source: Public Records Lot Size Square Feet: 17859.6

  • Listing Price Information

    Original List Price: 2,399,000 Listing Contract Date: 2026-04-20
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 0145164290000

  • Garage and Parking

    Garage Description: Controlled Entrance

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Electricity,Gas

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 274 - San Bernardino Directions: 734 W Virginia Street San Bernardino CA 92405 Source Property Type: Residential Income Area: 274 - San Bernardino Property SubType: Apartment
  • Building and Construction

    Property Age: 76 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Public Records Entry Level: 1 Entry Location: Street Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
3857 N Sierra, San Bernardino, CA, 92405 $480,000 3 1 1,479 1,479 SqFt
304 Edgerton Drive, San Bernardino, CA, 92405 $659,000 4 3 2,474 2,474 SqFt
339 Edgerton Drive, San Bernardino, CA, 92405 $599,900 2 2 1,609 1,609 SqFt
2932 Genevieve, San Bernardino, CA, 92405 $469,000 3 2 1,226 1,226 SqFt
449 Skylark, San Bernardino, CA, 92405 $1,150,000 4 4 4,108 4,108 SqFt
2854 N Pershing, San Bernardino, CA, 92405 $440,000 2 1 956 956 SqFt
3524 N Stoddard, San Bernardino, CA, 92405 $499,900 2 2 1,285 1,285 SqFt
1725 Genevieve Street, San Bernardino, CA, 92405 $499,000 3 1 936 936 SqFt
1673 N Mountain View, San Bernardino, CA, 92405 $479,999 3 1 1,176 1,176 SqFt
399 W Alexander, San Bernardino, CA, 92405 $565,000 3 1 1,369 1,369 SqFt

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ByOwner last updated this listing 06/16/2026 @ 18:24

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

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