734 W Virginia, San Bernardino, CA 92405

San Bernardino
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
734 W Virginia,San Bernardino, CA 92405
$2,399,000
  • - Beds
  • - Baths
  • 9,864 sq. ft.
  • Multi-family
  • Active
Listed by: albert le
Office: le investment group909-256-7889
MLS#:IV26126668
Source:CRMLS

Price summary

  • Price:$2,399,000
  • Price per sq. ft.:$243.21

About this home

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 two-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...

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Home facts

  • Year built:1950
  • Listing ID #:IV26126668
  • Added:1 day(s) ago
  • Updated:June 11, 2026 at 04:31 AM

Rooms and interior

  • Living area:9,864 sq. ft.

Structure and exterior

  • Year built:1950
  • Building area:9,864 sq. ft.
  • Lot area:0.41 Acres
  • Lot Features:Front Yard
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,399,000
  • Price per sq. ft.:$243.21

Parking

  • Total parking spaces:11
  • Parking description:Controlled Entrance
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