$2,399,000
734 W Virginia, San Bernardino CA 92405
Multi-Family (11 Units)
Property type
5 days
On market
$243
Price per sqft
0 cars
Garage
1950
Year built
17,860 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: ALBERT LE DRE #01468313 909-256-7889, LE INVESTMENT GROUP
Listing updated: Jun 11, 2026 at 12:38am.
Last checked: Jun 15, 2026 at 11:00am
Source: CRMLS #IV26126668
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 4 | 2 | 1 | — | $1,895 | $6,860 | $1,895 | Unfurnished |
| 7 | 2 | 1 | — | $1,950 | $10,325 | $1,950 | Unfurnished |
# of Buildings: 1
# of Units Total: 11
Separate Electric Meters: 12
Separate Gas Meters: 11
Separate Water Meters: 1
Rent Control: Yes
Tenant Pays: Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
8.6x
List Price / Annual Gross Rent
Cap Rate
7.99%
NOI / List Price
Gross Scheduled Income: $278,160
Vacancy Allowance: $6,187
Operating Expense: $75,377
Net Operating Income: $191,657
Annual Operating Expenses
Electric: $500
Gardener: $1,800
Insurance: $5,600
Pest Control: $1,416
Professional Management: $4,800
Trash: $5,613
Water / Sewer: $6,900
Interior
Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Entry Location: Street
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: Two Common Walls Or More
Lot Features: Front Yard
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Controlled Entrance
Garage Spaces: 0
Uncovered Spaces: 11
Parking Total: 11
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 0145164290000
Additional Parcels: No
Tax Lot: 6
Community
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 734 W Virginia, San Bernardino, CA 92405. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,919,200
Total Interest
$2,447,834
Total Payment
$4,367,034
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$14,780
per month
Property History for 734 W Virginia
San Bernardino Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92405.
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