San Bernardino, CA 92404 1505 Sepulveda Avenue
$1,849,000
7 more
Presented By: Marlene Lopez with Realty Masters & Associates; 9515268546
- MLS# IG25152333
- 07/17/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 12
Baths • 12
SQFT • 6,966
Garage • 2
Home Details
Exceptional 8-unit apartment complex at 1505 Sepulveda Avenue, San Bernardino, featuring 12 bedrooms and 8 bathrooms. This low-maintenance property offers a 10.5% projected pro forma cap rate, making it an outstanding investment opportunity. Located near top schools, shopping, and parks, it combines convenience with strong income potential. A smart choice for investors seeking wealth and stability in a thriving community.
Presented By: Marlene Lopez with Realty Masters & Associates; 9515268546
Interior Features for 1505 Sepulveda Avenue
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level
General for 1505 Sepulveda Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CitySan Bernardino
Community FeaturesStreetLights, Sidewalks
Contingencyno showings without an accepted offer, submit offer subject to interior inspection
CoolingWallWindowUnits
CountySan Bernardino
Directionsplease exit the 215
ElectricStandard
Electric Expense696.0
Entry Locationdriveway
Fuel Expense2040.0
Garage Spaces2.0
Garage Y/NYes
Gross Income152976.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, Submit
Lot Size Square Feet16163.0
Lot Size UnitsSquareFeet
MLS Area274 - San Bernardino
MobileHomeRemainsYNNo
Net Operating Income144796.0
New ConstructionNo
Number Of Units Total8
Operating Expense8180.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot14
Trash Expense3240.0
Water Sewer Expense1164.0
Year Built1965
Year Built SourcePublicRecords
Exterior for 1505 Sepulveda Avenue
Building Area Total6966.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot
Lot Size Acres0.3711
Lot Size Area16163.0
Lot Size SourceAssessor
Number of Buildings3
Number of Separate Electric Meters8
Number of Separate Gas Meters1
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking2.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate