24769 5th, San Bernardino, CA 92410
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
24769 5th,San Bernardino, CA 92410
$1,650,000
- - Beds
- - Baths
- 6,880 sq. ft.
- Multi-family
- Active
Listed by: raynisha brown
Office: interstate realty951-849-8279
MLS#:IV26136819
Source:CRMLS
Price summary
- Price:$1,650,000
- Price per sq. ft.:$239.83
About this home
Rare opportunity to acquire a mixed-use investment property consisting of five contiguous parcels totaling approximately one acre. This income-producing asset features a 4,000 square foot commercial building combined with multiple residential units, offering a diversified and stable income profile with significant value-add potential.
The property includes a commercial structure previously utilized as an automotive/motorcycle-related business, formerly operated as Douglas Motorcycle, along with a 4-bedroom mobile home, a 1-bedroom apartment, and three studio units with kitchen and bath facilities. This unique configuration provides multiple income streams and flexibility for both investors and owner-users.
With its substantial land footprint, multiple existing structures, and flexible use potential, the property presents strong upside through rent stabilization, property improvements, and potential redevelopment (buyer to verify zoning and permitted uses).
Strategically positioned within the Inland Empire, the asset benefits from strong rental demand, continued regional growth, and proximity to major transportation corridors, making it an attractive opportunity for investors seeking both cash flow and long-term appreciation. “This property presents a rare opportunity with strong income potential and multiple use possibilities. Ideal as a value-add investment or redevelopment site, offering a blank canvas for future construction or repositioning.” (buyer to verify zoning and permitted uses). Current tenants are long term 3-13 years.
Ideal for:
Developers
Value-add investors
1031 exchange buyers
Owner-users seeking income offset
Redevelopment-focused investors
This is a rare chance to acquire a multi-income, land-rich asset with significant upside potential in a high-demand Southern California market....
Contact an agent
Home facts
- Year built:1963
- Listing ID #:IV26136819
- Added:95 day(s) ago
- Updated:September 27, 2026 at 10:50 AM
Rooms and interior
- Living area:6,880 sq. ft.
Structure and exterior
- Year built:1963
- Building area:6,880 sq. ft.
- Lot area:1 Acres
- Lot Features:Corner Lot, Lot Over 40000 Sqft, Near Public Transit
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,650,000
- Price per sq. ft.:$239.83
Parking
- Total parking spaces:13
- Garage:Yes
- Garage spaces:4
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