92405 Homes with Apartment Subtype

Welcome to the vibrant community of San Bernardino, California, nestled in the heart of San Bernardino County. The 92405 zip code is a gem that offers a unique blend of urban convenience and suburban charm. With its rich history and diverse culture, this area is an ideal place to call home for families, professionals, and retirees alike.

In 92405, you'll find a variety of housing options, including homes with apartment subtypes that cater to different lifestyles and needs. Whether you're looking for a cozy duplex, a spacious triplex, or a multi-family residence, this area has something to suit everyone. These properties often feature modern amenities, open floor plans, and outdoor spaces perfect for entertaining or relaxing. Many homes are conveniently located near local parks, schools, and shopping centers, making daily life a breeze.

San Bernardino is known for its beautiful landscapes and recreational opportunities. Residents can enjoy nearby attractions such as the San Bernardino National Forest, which offers hiking, biking, and stunning views year-round. The city's rich cultural scene includes museums, theaters, and a variety of dining options that reflect the area's diverse population.

Living in the 92405 zip code means being part of a close-knit community with a strong sense of belonging. With its affordable housing options, convenient amenities, and a welcoming atmosphere, San Bernardino is the perfect place to find your next home. Explore the possibilities and discover the charm of this wonderful area today!

Newest 92405 Homes with Apartment Subtype

$2,399,000

IV26126668 MLS ⋅ Active Status

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 access to shopping, employment centers, and major transportation routes, along with gated onsite parking on a 0.41-acre lot. The property has been consistently maintained and professionally managed, contributing to a stable tenant base and reduced turnover. With spacious layouts, private outdoor space, and solid in-place income, the asset offers additional upside through future rental growth and presents a strong value-add investment opportunity.

734 W Virginia, San Bernardino

$3,995,000

IV26066422 MLS ⋅ Active Status

HIGHLIGHTS: Attractive going in and stabilized returns, featuring a 5.90% current cap rate and a 6.88% pro forma cap rate. (+20% NOI increase through rent growth) / $4,500 in monthly rent increases realized & an additional $4,000+ in monthly upside remaining to be captured through continued market rent adjustments / Extensive capital improvements completed under current ownership, new roofing, all new rooftop HVAC units, 25% of the units have interior updates. / Diversified ancillary income of $13,440 annually from laundry, pet rent, and garage income. / Recently renovated onsite laundry facility, featuring a $25,000 capital investment. Non-renovated units $6,000/unit in targeted updates. / Secure, fully gated community enhanced by a comprehensive 44 camera security system. / Desirable unit mix. / The apartment community located at 1319 Acacia Avenue in San Bernardino, California is ideally positioned between the I-215, I-10, and I-210 freeways, offering excellent regional connectivity. Situated on a 0.70-acre corner lot, the property benefits from strong visibility, convenient access, and onsite parking. The 22-unit community features a highly desirable unit mix consisting of (12) one-bedroom/ one-bath units, (9) two-bedroom/one-bath units, and (1) three-bedroom/two-bath unit, allowing the property to attract a broad tenant demographic. Current ownership has made extensive capital improvements, significantly enhancing both operational efficiency and tenant appeal. Upgrades include all new rooftop HVAC units, new roofing, and full interior renovations to approximately 25% of the units. The property is fully gated and secured by a comprehensive 44-camera security system, reinforcing resident safety and long-term asset stability. Additionally, the onsite laundry facility has undergone a $25,000 renovation, generating approximately $2,400 in annual laundry income, along with $2,640 in annual garage income and $8,400 in annual pet income.

1319 Acacia, San Bernardino

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.