San Bernardino, CA 92410 928 N Arrowhead Avenue

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Presented By: Sean Daugherty with Advantage Investment Propertie; 714-414-2444
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# PW25112421
  • 05/20/2025
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 3
  • Baths • 2
  • SQFT • 3,160
  • Garage • 1

Home Details

Worry-Free Investment Property with Owner's Unit – High Rental Income, CAP Well Above Market. Discover a rare opportunity to own a fully renovated, low-maintenance multifamily property that promises strong cash flow and peace of mind for years to come. With major upgrades already completed, this is the perfect turn-key investment for both seasoned and first-time buyers. Each of the five units is thoughtfully updated and ready for immediate occupancy. Four units feature brand-new central air and heating, while the fifth boasts a new mini-split system for efficient comfort. All units come equipped with washer and dryer connections, modern finishes, and are individually metered, keeping operating costs low, Water and Trash are Pro Rated per unit and paid by tenants. The Built Amenities keep tenant retention at its highest. Plenty of onsite and street parking, this property also has Two Single Car Garages. Enjoy the flexibility to live in the spacious owner’s unit and let the rental income cover your mortgage—or rent out all five for maximum return on investment. With market-rate rents and minimal ongoing maintenance, this is a prime opportunity to secure steady income and long-term growth. Whether you’re looking to live mortgage-free, grow your portfolio, or just enjoy a stress-free property with excellent upside, this one checks all the boxes.
Presented By: Sean Daugherty with Advantage Investment Propertie; 714-414-2444

Interior Features for 928 N Arrowhead Avenue

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Laundry FeaturesInside
Total Stories2

Other Rooms

Entry Level1

General for 928 N Arrowhead Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate9.0
Carport Y/NNo
CitySan Bernardino
Community FeaturesStormDrains, StreetLights, Sidewalks, Urban
ContingencyNA
CoolingCentralAir
CountySan Bernardino
DirectionsBaseline to Arrowhead
Entry Location1
Garage Spaces1.0
Garage Y/NYes
Gross Income129000.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense2750.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet10447.0
Lot Size UnitsSquareFeet
MLS Area274 - San Bernardino
MobileHomeRemainsYNNo
Net Operating Income110551.0
New ConstructionNo
Number Of Units Total5
Number of Units Leased1
Operating Expense18400.0
Pool FeaturesNone
PossessionCloseOfEscrow
PostalCitySAN BERNARDINO
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
Tax Lot1
Taxes$1,248
Total Actual Rent1450.0
Trash Expense0.0
UtilitiesSewerConnected
Water Sewer Expense0.0
Year Built1922
Year Built SourceAssessor

Exterior for 928 N Arrowhead Avenue

Building Area Total3160.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesTwoToFiveUnitsAcre
Lot Size Acres0.2398
Lot Size Area10447.0
Lot Size SourceEstimated
Number of Buildings3
Number of Separate Electric Meters5
Number of Separate Gas Meters5
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking1.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,199,000
MLS#PW25112421
List Date 05/20/2025
Property Type Multi-Family
Phone 714.742.6515
Request Tour
Request Info
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