480 W 18th St, San Bernardino, CA 92405
480 W 18th St, San Bernardino, CA 92405,Video Tour
480 W 18th St, San Bernardino, CA 92405
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$799,900
Est. payment /mo
0.46 Acres Lot

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID IV26112415

HOA Y/N No

Year Built 1940

Annual Tax Amount $8,290

Tax Year 2025

Lot Size 0.459 Acres

Lot Dimensions Assessor

Property Sub-Type Multi Family

Property Description

Rare 5-unit residential-style multifamily compound situated on an expansive approximately 20,000 sq. ft. lot in the heart of San Bernardino. This unique investment property features a charming front Craftsman-style residence offering 4 bedrooms, 2 bathrooms, spacious living and family rooms, dining area, laundry room, bonus/flex room, and a large private side yard with secured gated parking.

The rear portion of the property consists of four thoughtfully designed single-story 1-bedroom/1-bath units, each with private entry and its own individual yard space, creating a strong residential feel rarely found in traditional multifamily properties. The gated rear parking area offers additional secure parking and can be locked nightly for added tenant privacy and security.

The property offers approximately 4,249+ sq. ft. of living space (buyer to verify), strong in-place income, and additional upside potential through future rent growth and continued property improvements. Seller has completed upgrades during ownership, including electrical improvements to the front home, and is currently making additional updates prior to market launch.

Additional features include 5 gas meters, 5 electric meters, approximately 11 parking spaces, select mini-split A/C systems, and flexible tenancy structure providing future operational upside for investors.

Conveniently located near San Bernardino High School, shopping, dining, medical facilities, and quick access to the 215 Freeway, this property is well-positioned for long-term rental demand and future value-add potential. Buyer to verify all information including square footage, permits, zoning, unit count, legal use, and condition to their satisfaction.

Location

State CA

County San Bernardino

Area 274 - San Bernardino

Interior

Heating Floor Furnace, Heat Pump

Cooling Ductless, ENERGY STAR Qualified Equipment, Heat Pump

Fireplace No

Laundry Washer Hookup, Inside, Outside

Exterior

Carport Spaces 1

Fence Brick, Fair Condition, Privacy, Wood, Wrought Iron

Community Features Gated

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Overhead Utilities

Roof Type Composition,Shingle

Present Use Multi-Family

Total Parking Spaces 15

Building

Lot Description 2-5 Units/Acre, Landscaped, Level, Near Public Transit, Rectangular Lot, Street Level, Walkstreet, Flat

Story 1

Water Public

Architectural Style Patio Home

Others

Tax ID 0145061090000

Security Features Carbon Monoxide Detector(s),Gated Community

Acceptable Financing Cash, Cash to New Loan, Contract

Listing Terms Cash, Cash to New Loan, Contract

Special Listing Condition Standard

Virtual Tour https://www.zillow.com/view-imx/182881d2-bdb8-4329-ac2e-d21d340a89f9?wl=true&setAttribution=mls&initialViewType=pano


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Listed by ADAM REIFER COMPASS 951-500-8505, DRE #02013465

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Monica Franco

Monica Franco

+1(951) 538-6607

Agent | License ID: 01743095

Agent License ID: 01743095

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