734 W Virginia , San Bernardino, CA 92405
$2,399,000
Est. Payment: $12,071.39/mo
4 Bed
2 Bath
0 Sqft
Status: active | Days on site: 108
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

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.

Highlights

Listed by ALBERT LE , 909-256-7889 LE INVESTMENT GROUP , 909-256-7889. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.41

County

San Bernardino

Listing ID

IV26126668

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:

Exterior Features

Zoning:Public Rec
Principal Interest
$12,071
Taxes
$1,529

Home Price

$2,399,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$479,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$12,071.39

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,071.39 $1,529.36 $0.00 $13,600.75
Yearly $144,856.66 $18,352.35 $0.00 $163,209.01
Total $4,345,699.95 $550,570.50 $0.00 $4,896,270.45

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Market insight data is pulled from the same city as the listing being viewed (San Bernardino, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-08-08T12:17:46.000Z

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