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1118 N G St San Bernardino, CA 92410

$365,000 Sold Price as of 08/13/2020

3 Beds
3 Baths
1,987 Sq.Ft.

Sold

$365,000 Sold Price as of 08/13/2020 Refinance Your Mortgage

Map preview of 1118 N G St, San Bernardino, CA 92410

Property Overview: 1118 N G St San Bernardino, CA has 3 bedrooms, 3 bathrooms, 1,987 living square feet and 6,969 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: ProForma Cap Rate of 6.99%. Great investment opportunity with this Triplex composed of 2 attached 1 bedroom/1 bathroom, 650+ sqft units, fronting North G street and 1 detached 1 bedroom/1 bathroom, 650+ sqft SFR with private access. The duplex has been updated throughout ownership and both units are currently tenant occupied. The rear detached SFR has been completely redone ($40,000-$45,000) with new kitchen cabinets, windows, electrical wiring, copper plumbing, flooring and is ready for its future owners or for tenants already on waiting list. Electrical and gas meters are individual to each unit and each unit has access to its own private garage. This neighborhood has a high demand for housing and demonstrates a 100% occupancy location. The City of San Bernardino has experienced a spectacular boom in job creation with the continued development of warehouses and distribution centers like Amazon. The expansion of the San Bernardino International Airport along with the new development of the 48.2 acre Carousel District site continues to create higher demand for affordable housings and this property is ideally located to take full advantage. The property is located just minutes from some of Southern California largest employers.

Listed by WAYNE KRENTEL | BRE #01962714 | LE INVESTMENT GROUP

Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 54

Home details

Lot Sq. Ft: 6,969
HOA Dues: $0/mo
Year built: 1934
Garage: 3 Car
Property Type:: Multi Family

Status: Sold
MLS#: IV20088046
City: San Bernardino
County: San Bernardino
Time on Site: 1399 days

Multi-Family Unit Breakdown

Unit Mix Summary

Total # of Units: 3
Total # of Buildings: 2
# of Electric Meters: 3
# of Gas Meters: 3
# of Water Meters: 1

Unit Breakdown 1

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $900
Total Rent: $900
Pro Forma/Market Rent: $963

Unit Breakdown 2

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $900
Total Rent: $900
Pro Forma/Market Rent: $963

Unit Breakdown 3

# of Units: 1
# of Beds: 1
# of Baths: 1
Garage Spaces: 1
Garaged Attached? No
Furnishing: Unfurnished
Actual Rent: $1,100
Total Rent: $1,100
Pro Forma/Market Rent: $1,177

Multi-Family Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: $34,800
Net Operating Income: $23,856
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: $9,900
Electric: $0
Gas/Fuel: $0
New Taxes: $4,857
Furniture Replacement: $0
Trash: $1,440
Cable TV: $0
Gardener: $0
Insurance: $1,150
Maintenance: $1,013
Water/Sewer: $1,440

Property Details for 1118 N G St

Interior Features

Laundry Information

Has Laundry
Washer Hookup

Exterior Features

No Pool
Pool Features: None

Lot Details / Garage and Parking

Parking/Garage Information

# of Garage Spaces: 3
# of Parking Spaces: 6
Has Parking
Parking Features: Assigned

Lot Information

Lot Features: 0-1 Unit/Acre
Lot Size Source: Assessor
Common Interest: None

Property Information

Common Walls: 1 Common Wall
Total # of Units: 3
Parcel Number: 0140014130000
Year Built Source: Assessor
Property is Attached

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Sewer: Public Sewer
Water Source: Public

Location / Neighborhood

Location Information

Directions: 215 North to Baseline Exit, Right on North G St. Property is on the right side on North G St when heading South.

Neighborhood Information

Community Features: Curbs

View more facts & features

Local San Bernardino Agent

Sale History for 1118 N G St

Last sold for $365,000 on August 13th, 2020

August, 2020
Aug 13, 2020

Date

Sold

CRMLS: IV20088046

$365,000

Price
Jul 25, 2020

Date

Pending

CRMLS: IV20088046

$374,900

Price
Jul 7, 2020

Date

Active Under Contract

CRMLS: IV20088046

$374,900

Price
May 8, 2020

Date

Active

CRMLS: IV20088046

$374,900

Price
August, 2020
Aug 12, 2020

Date

Sold (Public Records)

Public Records

$365,000

Price
May, 2020
May 5, 2020

Date

Canceled

CRMLS: CV19277729

$379,900

Price
Mar 19, 2020

Date

Active

CRMLS: CV19277729

$379,900

Price
Mar 5, 2020

Date

Pending

CRMLS: CV19277729

$379,900

Price
Jan 11, 2020

Date

Active

CRMLS: CV19277729

$379,900

Price
Dec 20, 2019

Date

Pending

CRMLS: CV19277729

$379,900

Price
Dec 8, 2019

Date

Active

CRMLS: CV19277729

$379,900

Price
Listing provided courtesy of CRMLS

This is the MONEY MAKER your looking for !!! Triplex ! TWO units in the front and a single family residence in the back with it's own private front and backyard that includes a one car garage. EACH unit is a very spacious 1 bedroom , 1 bathroom . The back house has been completely remodeled! New carpet , new bathroom, new windows, new electrical, READY to move into . LOCATION ! LOCATION ! LOCATION ! Run to this Special DEAL ! You snooze you lose : (

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January, 2020
Jan 1, 2020

Date

Expired

CRMLS: EV19209999

$389,900

Price
Dec 5, 2019

Date

Withdrawn

CRMLS: EV19209999

$389,900

Price
Sep 3, 2019

Date

Active

CRMLS: EV19209999

$389,900

Price
Listing provided courtesy of CRMLS

Triplex investment ready for a new owner. BRAND NEW ....1 of the home which is detached has been completely rebuilt has been completely redone. The interior features, new plumbing, new electrical, new windows, new flooring & kitchen cabinets. 2 of the units are already rented out to long term tenants, money maker from the day you buy. All units are very spacious with plenty of room to add on. Located in walking distance to schools and shopping centers, very low vacancy in the neighborhood.

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November, 2015
Nov 23, 2015

Date

Sold (Public Records)

Public Records

$365,000

Price

Tax History for 1118 N G St

Assessed Value (2020): $205,663

Year	Land Value	Improved Value	Assessed Value
2020	$41,133	$164,530	$205,663

Home Value Compared to the Market

This property vs the competition

1118 N G St sold on August 13, 2020 for 21.9% lower than the current median sold price for the city of San Bernardino which is $480,000. The median sold price per/sqft for San Bernardino is $364 and this home is sold at $188.68 per/sqft which puts the price per square foot 48.17% lower than the current median sale per square foot for the city of San Bernardino.

About 1118 N G St

Detailed summary of property

1118 N G St is a multi family that recently sold in San Bernardino, CA 92410. This multi family property offered 3 bedrooms, 3 bathrooms, roughly 1,987 living square feet, and sits on an approximately 6,969 square foot lot. 1118 N G St was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $365,000. Home in San Bernardino are selling for a median price of $480,000 and a median price per square foot of $364. Based on Ardent Real Estate Group's San Bernardino Market Data, this home is sold 21.9% lower than the current median priced home. While the average home in San Bernardino, CA is selling in 48 days, 1118 N G St has a days on market of 54 days. There are currently 399 homes for sale in the San Bernardino real estate market and 355 of them are single family homes while 42 of them are condos and 2 are townhomes. For more information on this home for sale at 1118 N G St San Bernardino, CA 92410 contact Ardent Real Estate Group and we will put you in touch with one of our San Bernardino agents.

Public Facts for 1118 N G St

Public county record property details

Beds: --
Baths: --
Year built: 1934
Sq. Ft.: 1,987
Lot Size: 7,000
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: San Bernardino
Lot#: 2
APN: 0140-014-13-0000

The source for these homes facts are from public records.

92410 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$449,000

Median List Price/Sq.Ft.

$356

Median Sold Price

$440,000

Median Sold Price/Sq.Ft.

$365

Total Inventory

Median Sale to List Price %

103.65%

Avg Days on Market

Loan Type

Conventional (50%), FHA (37.5%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.