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2523 Ogden Street #1-4

San Bernardino, CA 92407
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Bed 9

Bed

Bath 5

Bath

SqFt28,600

Sqft(Lot)

Fully Upgraded 4-Unit Investment Opportunity – Now Offering 8.10% Cap Rate. This exceptional turnkey four-plex offers strong cash flow and extensive recent upgrades, situated on a spacious 28,000+ SF lot in Muscoy, a safe North San Bernardino community with high tenant demand. The property consists of three spacious 2-bedroom/1-bath units and one large 3-bedroom/2-bath unit, all designed with functional layouts and modern open-floor-plan interiors that tenants appreciate. This asset has undergone substantial capital improvements, including new electrical panels, four individual electrical meters, brand-new reroofing, and 13 newly installed split HVAC systems, with A/C units placed in individual rooms for enhanced comfort and efficiency. Durable tile flooring throughout minimizes futu re maintenance and supports long-term ownership stability. Each unit offers a private front yard and fenced backyard, in-unit washer and dryer hookups, and ample on-site parking, amenities that consistently attract quality tenants. Rental demand is extremely strong; Unit #2 was recently rented within just three days of listing, demonstrating the property’s desirability and ease of leasing. Current rents remain below market levels, providing clear upside potential for future increases. Tenants enjoy the open layouts, private outdoor spaces, and modern HVAC systems, making this a competitive and desirable rental asset. With a newly improved 8.10% cap rate, stabilized occupancy, major system upgrades completed, and a large lot offering long-term value, 2523 Ogden Street presents a rare low-maintenance investment opportunity with immediate income and strong future growth potential.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,100,000

AD Id : 75261556

MLS Id : WS26031250

Beds : 9

Lot Size : 28,600 Sqft

Year Built : 1949

Garage : 1

County : San Bernardino

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Feature Features

  • Interior Features

    QuartzCounters, AllBedroomsDown
    Roof: Shingle
    Laundry Features: WasherHookup, Inside, PropaneDryerHookup
  • Heating & Cooling

    Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Electric, WallWindowUnits

  • Building Information

    Year Built: 1949
    Building Area Total: 2952
    Stories: 1
    Pool Features: None
    Private Pool: No
    View: None

  • Lot Information

    Main Square Feet: 28600 Lot Size Acres: 0.6566 Lot Size Source: Assessor Lot Size Square Feet: 28,600 Lot Description: FrontYard,Lawn,Landscaped

  • Listing Price Information

    Listing Price: $1100000
    Original Price: $1249000
    Exchange1031

  • Tax Information

    Parcel Number: 0262151170000 Tax Lot: 441

  • Parking Information

    Parking Total: 8 DoorSingle, Driveway, Garage, RvPotential, OneSpace, Uncovered, Unpaved

    Garage Information

    Has Garage: Yes Garage Space: 1

  • Utility Information

    ElectricityAvailable, WaterAvailable
  • Location Information

    Direction: From the 215 Freeway, exit Baseline St and head west. Turn right on Macy St, then left on Ogden St. Property is located on the right-hand side. Please do not disturb tenants — drive-by only. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2402 W 1st, San Bernardino, CA, 92407 $595,000 3 2 --
2527 W Third Avenue, San Bernardino, CA, 92407 $699,999 2 2 --

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ByOwner last updated this listing 08/12/2026 @ 01:01

MLS: WS26031250 LISTED BY: VUOCHMEY LAY, Mey Lay Realty Group 626-408-4657 SOURCE: CRMLS

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