$3,795,000 $25,248 est/mo Sourced by Back At You
141 E 42nd Street,San Bernardino, CA 92404
San Bernardino, CA 92404
Description
A 20-unit multifamily property in North San Bernardino offered at a 6.02% cap rate and 10.77 GRM with immediate upside available in rents. Built in 1976, the property sits on a 22,950 square foot lot with 12,502 rentable square feet and a unit mix of 12 one-bedroom and 8 two-bedroom units. The building has seen meaningful capital improvements in recent years including new windows, a resurfaced parking lot, fresh paint, and a roof replacement. On-site laundry and secured gated parking with 23 spaces. Strong renter demand in the area supports consistent occupancy. The location offers convenient access to the 215 and 10 freeways with nearby retail and major Inland Empire employment centers.
Details
| MLS | 26671979 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1976 |
| Days On Site | 163 |
| Listing Provided By | Marcus & Millichap | Oscar Diaz |
Features
| SQ Feet | 12,502 |
|---|---|
| Story(s) | 2 |
| Units | 20 |
| Building(s) | 1 |
| Acreage | 0.53 |
Area Information
| State | CA |
|---|---|
| County | San Bernardino |
| City | San Bernardino |
| Zip Code | 92404 |
| Area | 274 San Bernardino |
| Listing VS Median (in 92404) | |
Price: $3,795,000 low | high Med: $550,000 sqft: 12,502 low | high Med: 1,344 $ / sqft: $304 low | high Med: $409 On site: 163 low | high Med: 62 | |
Market Activity 92404
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Learn More About This Property
| State | CA |
|---|---|
| County | San Bernardino |
| City | San Bernardino |
| Zip Code | 92404 |
| Area | 274 San Bernardino |
| Listing VS Median (in 92404) | |
Price: $3,795,000 low | high Med: $550,000 sqft: 12,502 low | high Med: 1,344 $ / sqft: $304 low | high Med: $409 On site: 163 low | high Med: 62 | |
Nearby Listings (Within 1/4 mile)
Price: $2.846M - $4.743M
sqft: 9,000 - 15,500
Listing Updated: August 22, 2026 at 12:00:48 AM PDT