$6,480,000
1414 Citrus, San Bernardino CA 92404
Multi-Family (36 Units)
Property type
51 days
On market
$210
Price per sqft
0 cars
Garage
1963
Year built
48,212 sqft
Lot size
Open Houses
Overview
Stable, low maintenance, gated with high occupancy. Carports, laundry room. Located on a quiet street close to freeway and all daily amenities. Solid cash flow in a San Bernardino infill location. Priced to sell quick with an aggressive Cap Rate. All new windows, over 70% new roof and 95% upgraded all 2 beds one bath units with granite countertops, new cabinetry, and...
Listing provided by: Azhar Sabir DRE #01346363, Shamoon Sikora, Broker
Listing updated: Apr 30, 2026 at 04:46pm.
Last checked: Jun 14, 2026 at 02:31am
Source: CRMLS #PW26090069
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 36 | 2 | 1 | — | $1,695 | $1,795 | $1,795 | Unfurnished |
# of Buildings: 2
# of Units Total: 36
Separate Electric Meters: 36
Separate Gas Meters: 1
Separate Water Meters: 1
Rent Control: Yes
Tenant Pays: Cable Tv, Electricity
Financial Snapshot
Gross Rent Multiplier
8.9x
List Price / Annual Gross Rent
Cap Rate
7.5%
NOI / List Price
Gross Scheduled Income: $727,128
Vacancy Allowance: $36,356
Operating Expense: $204,491
Net Operating Income: $486,281
Annual Operating Expenses
Electric: $0
Gardener: $6,600
Fuel: $348
Insurance: $17,000
Maintenance: $27,000
New Taxes: $80,352
Pest Control: $960
Professional Management: $20,760
Trash: $9,540
Water / Sewer: $23,988
Interior
Cooling: Wall Window Units
Heating: Wall Furnace
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: One Common Wall
Lot Features: Thirty Six To Forty Units Acre, Lot Over40000 Sqft
Pool: None
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 0155451090000
Additional Parcels: No
Tax Lot: 9
Community
Senior Community: No
Community Features: Urban