1137 N Mayfield Ave, San Bernardino, CA 92410
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1137 N Mayfield Ave San Bernardino, CA 92410

$1,020,000 Sold Price as of 12/21/2022
  • 0 Beds
  • 9 Baths
  • 2,944 Sq.Ft.
Sold
$1,020,000 Sold Price as of 12/21/2022 Refinance Your Mortgage

Map preview of 1137 N Mayfield Ave, San Bernardino, CA 92410

Property Overview: 1137 N Mayfield Ave San Bernardino, CA has -- bedrooms, 9 bathrooms, 2,944 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: We are proud to exclusively present the opportunity to acquire 1137 North Mayfield Avenue, a 9-unit multifamily investment property located in San Bernardino, California. Built in 1958, the property sits on a 0.16-acre lot and has a building size of approximately 2,944 square feet. The property is comprised of (9) Studio/one-bathroom units. The building features a fenced front lawn, spacious driveway, and nine covered parking spaces. All units are master metered for gas and electricity. The apartment is conveniently located at the junction of Interstate 215, 10 and the Foothill 210 Freeways, and in close proximity to Downtown San Bernardino. With a very walkable score of 78, the property is surrounded by multiple restaurants, cafes, and grocery stores including El Super, Walgreens, and Stater Brothers Market. It is also minutes’ drive from recreation centers such as the Seccombe Lake, Perris Hill Park, and the Arrowhead Country Club. Tenants also enjoy four bus stops just down the street on Base Line, one of the arterial connecting cities in the Inland Empire. The City of San Bernardino serves as one of the Inland Empire’s anchor cities that spans 81 square miles and has a population of over 213,000. Large distribution and ful?llment warehouse facilities for Amazon, Pep Boys, and Burlington have been developed near the San Bernardino International Airport. In addition, the Metrolink commuter rail service, available at the Santa Fe Train Station, provides transportation to commuters from the San Bernardino area to major centers of employment, such as Downtown Los Angeles, and Orange County.

Listed by DAVID COVARRUBIAS | BRE #01941403 | MARCUS & MILLICHAP
Co-listed by DOUGLAS MCCAULEY | BRE #01155706 | MARCUS & MILLICHAP
Last checked: 15 minutes ago | Last updated: December 21st, 2022 | Source CRMLS | DOM: 246

Home details

Lot Sq. Ft
6,969
HOA Dues
$0/mo
Year built
1958
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
CV22067274
City
San Bernardino
County
San Bernardino
Time on Site
765 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 9
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,024
  • Total Rent: $9,213
  • Pro Forma/Market Rent: $1,112
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.3%
  • Gross Rent Multiplier: 10.4
  • Gross Scheduled Income: $110,556
  • Net Operating Income: $60,899
  • Gross Operating Income: $107,239
  • Vacancy Allowance: $3,317
Annual Expense Breakdown
  • Total Operating Expense: $46,340
  • Electric: $5,250
  • Gas/Fuel: $5,250
  • New Taxes: $14,800
  • Trash: $5,250
  • Gardener: $840
  • Insurance: $2,700
  • Maintenance: $6,000
  • Professional Management: $0
  • Water/Sewer: $5,250
  • Other Expenses: $1,000

Property Details for 1137 N Mayfield Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lawn
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 9
  • Parcel Number: 0140064170000
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: W Baseline Street, left on Mayfield Ave
Neighborhood Information
  • Community Features: Sidewalks, Suburban
View more facts & features

Local San Bernardino Agent

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Sale History for 1137 N Mayfield Ave

Last sold for $1,020,000 on December 21st, 2022
  • April, 2022

  • Apr 4, 2022

    Date

    Active

    CRMLS: CV22067274

    $1,215,000

    Price

  • November, 2014

  • Nov 13, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2010

  • Mar 24, 2010

    Date

    Sold (Public Records)

    Public Records

    $15,000

    Price

Show More

Tax History for 1137 N Mayfield Ave

Assessed Value (2020): $289,172
Year Land Value Improved Value Assessed Value
2020 $35,409 $253,763 $289,172

Home Value Compared to the Market

This property vs the competition

1137 N Mayfield Ave sold on December 21, 2022 for 139.58% higher 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 $390.63 per/sqft which puts the price per square foot 7.31% higher than the current median sale per square foot for the city of San Bernardino.

About 1137 N Mayfield Ave

Detailed summary of property

1137 N Mayfield Ave is a multi family that recently sold in San Bernardino, CA 92410. This multi family property offered -- bedrooms, 9 bathrooms, roughly 2,944 living square feet, and sits on an approximately 6,969 square foot lot. 1137 N Mayfield Ave was first listed on ArdentRealEstateGroup.com on April 4, 2022. The homeowner sold the property for $1,020,000. 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 139.58% higher than the current median priced home. Local homes that are currently for sale include 221 E Sunkist St, 215 E Belmont St and 1185 W Grand Blvd. While the average home in San Bernardino, CA is selling in 49 days, 1137 N Mayfield Ave has a days on market of 246 days. There are currently 378 homes for sale in the San Bernardino real estate market and 340 of them are single family homes while 36 of them are condos and 2 are townhomes. For more information on this home for sale at 1137 N Mayfield Ave 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 1137 N Mayfield Ave

Public county record property details
Beds
--
Baths
--
Year built
1958
Sq. Ft.
2,944
Lot Size
7,124
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
San Bernardino
Lot#
4
APN
0140-064-17-0000

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
41
Median Sale to List Price %
103.65%
Avg Days on Market
57
Loan Type
Conventional (50%), FHA (37.5%), VA (0%), Cash (0%), Other (0%)

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Related Resources to 1137 N Mayfield Ave

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.