345 W 41st Street, San Bernardino, CA 92407
Local realty services provided by:ERA North Orange County Real Estate



345 W 41st Street,San Bernardino, CA 92407
$14,200,000
- - Beds
- - Baths
- 62,242 sq. ft.
- Multi-family
- Active
Listed by:eric chen
Office:cb richard ellis
MLS#:CV25115890
Source:CRMLS
Price summary
- Price:$14,200,000
- Price per sq. ft.:$228.14
About this home
We are proud to present Mayfield Park Apartments, an 83-unit multifamily property strategically located in San Bernardino, California.
Located at 345 W 41st Street, the property is strategically positioned within the high-demand Inland Empire market, offering investors direct access to a strong working-class demographic and significant rental upside potential. Situated between N Newmark Avenue and Lorraine Drive, the property benefits from excellent access to a wide array of amenities, transportation options, and its close proximity to Cal State University San Bernardino. This offering represents a unique chance to acquire a well-located asset with significant potential in an opportunity-rich Inland Empire submarket.
Mayfield Park Apartments, constructed in 1968 and situated on a spacious 3.72-acre lot, is a well-maintained, two-story property encompassing 64,242 square feet. Recent capital improvements, including light interior renovations on turned-over units, position the property for significant value add through continued renovations. The community offers a desirable unit mix of one-bedroom/one-bathroom and two-bedroom/one-bathroom residences. Interior unit amenities include AC and heating, a combination of carpet and tile flooring, fully equipped kitchens, modernized bathrooms, ceiling fans, vertical blinds, and security screen doors. Residents can enjoy a range of exterior amenities, including a convenient laundry facility, a sparkling community pool, a welcoming courtyard, a BBQ pit with outdoor seating, well-maintained mature lush landscaping, and ample covered and surface parking.
The property offers convenient access to the 210, 215, 91, 60 and 10 freeways. Neighboring cities include Riverside, Highland, Colton, Redlands, Yucaipa, and Loma Linda. Significant local landmarks within a 20-mile radius include: San Bernardino International Airport, Cal State University San Bernardino, Inland Center Mall, Loma Linda University Medical Center, Yaamava’ Resort & Casino, San Bernardino County Museum and University of Redlands to name a few.
Offering immediate income and substantial growth potential, Mayfield Park Apartments in San Bernardino presents a compelling investment opportunity. Whether you’re a first-time buyer entering the market, a seasoned investor expanding your portfolio, or executing a 1031 Exchange, this property provides exceptional stability and long-term value in a high-demand market.
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Home facts
- Year built:1968
- Listing Id #:CV25115890
- Added:90 day(s) ago
- Updated:August 22, 2025 at 04:55 PM
Rooms and interior
- Living area:62,242 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Year built:1968
- Building area:62,242 sq. ft.
- Lot area:3.72 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$14,200,000
- Price per sq. ft.:$228.14
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