1278 Gould St, San Bernardino, CA 92408
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1278 Gould St San Bernardino, CA 92408

$730,000 Sold Price as of 11/08/2021
  • 6 Beds
  • 4 Baths
  • 2,920 Sq.Ft.
Sold
$730,000 Sold Price as of 11/08/2021 Refinance Your Mortgage

Map preview of 1278 Gould St, San Bernardino, CA 92408

Property Overview: 1278 Gould St San Bernardino, CA has 6 bedrooms, 4 bathrooms, 2,920 living square feet and 10,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: North Loma Linda rare find! This Quadraplex features 2x: 2 bedroom 1 bath units, 2x: 1bed 1bath units, 4 assigned parking spots, 4 separate electric and gas meters. Conveniently located near Loma Linda University Medical Center, public transportation, major shopping centers, Costco, Sam's Club, and a myriad of new developments. This 4 unit property sits in the center of a booming economic hub which only expands daily. This property has a potential cap rate of 8.1% or perfect for a family looking to live together but in their own separate unit. The upside to this property is truly unique in today's market.

Listed by STEVE LOERA | BRE #01776262 | FREEDOM REALTY GROUP
Last checked: 14 minutes ago | Last updated: March 25th, 2022 | Source CRMLS | DOM: 31

Home details

Lot Sq. Ft
10,500
HOA Dues
$0/mo
Year built
1963
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
CV21183749
City
San Bernardino
County
San Bernardino
Time on Site
1126 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
  • # of Leased Units: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,060
  • Total Rent: $1,060
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,350
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,350
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 8.1%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $70,800
  • Net Operating Income: $58,577
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $12,577
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $250
  • New Taxes: $8,493
  • Trash: $1,020
  • Insurance: $1,500
  • Water/Sewer: $960

Virtual Tour

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Property Details for 1278 Gould St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Tile
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Gas Range
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Shingle
  • Has Fence
  • Chain Link
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall, No One Above
  • Total # of Units: 4
  • Parcel Number: 0281112610000
  • Year Built Source: Assessor
  • Architectural Style: Craftsman
  • Property is Attached
  • Accessibility Features: Parking, See Remarks
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected
Location / Neighborhood
Location Information
  • Other Subdivision Name: North Loma Linda
  • Directions: Gould and Tippecanoe
Neighborhood Information
  • Community Features: Suburban
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Sale History for 1278 Gould St

Last sold for $730,000 on November 8th, 2021
  • November, 2021

  • Nov 9, 2021

    Date

    Sold

    CRMLS: CV21183749

    $730,000

    Price

  • Sep 17, 2021

    Date

    Active

    CRMLS: CV21183749

    $725,000

    Price

  • Sep 9, 2021

    Date

    Active Under Contract

    CRMLS: CV21183749

    $725,000

    Price

  • Aug 19, 2021

    Date

    Active

    CRMLS: CV21183749

    $725,000

    Price

  • June, 2008

  • Jun 23, 2008

    Date

    Sold (Public Records)

    Public Records

    $375,000

    Price

  • March, 2008

  • Mar 4, 2008

    Date

    Expired

    CRMLS: 12098387

    $400,000

    Price

  • Sep 4, 2007

    Date

    Active

    CRMLS: 12098387

    $430,000

    Price

  • Listing provided courtesy of CRMLS

    great deal! the owner is very motivated. take advantage of this opportunity.

  • November, 2004

  • Nov 17, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1278 Gould St

Assessed Value (2020): $450,393
Year Land Value Improved Value Assessed Value
2020 $58,851 $391,542 $450,393

Home Value Compared to the Market

This property vs the competition

1278 Gould St sold on November 8, 2021 for 45% higher than the current median sold price for the city of San Bernardino which is $500,000. The median sold price per/sqft for San Bernardino is $361 and this home is sold at $248.29 per/sqft which puts the price per square foot 31.22% lower than the current median sale per square foot for the city of San Bernardino.

About 1278 Gould St

Detailed summary of property

1278 Gould St is a fourplex that recently sold in San Bernardino, CA 92408. This fourplex offered 6 bedrooms, 4 bathrooms, roughly 2,920 living square feet, and sits on an approximately 10,500 square foot lot. 1278 Gould St was first listed on ArdentRealEstateGroup.com on August 19, 2021. The homeowner sold the property for $730,000. Home in San Bernardino are selling for a median price of $500,000 and a median price per square foot of $361. Based on Ardent Real Estate Group's San Bernardino Market Data, this home is sold 45% higher than the current median priced home. Local homes that are currently for sale include 7614 Fern St, 8876 Cypress Ave and 4829 Hedrick Ave. While the average home in San Bernardino, CA is selling in 58 days, 1278 Gould St has a days on market of 31 days. There are currently 449 homes for sale in the San Bernardino real estate market and 407 of them are single family homes while 38 of them are condos and 4 are townhomes. For more information on this home for sale at 1278 Gould St San Bernardino, CA 92408 contact Ardent Real Estate Group and we will put you in touch with one of our San Bernardino agents.

Public Facts for 1278 Gould St

Public county record property details
Beds
8
Baths
6
Year built
1963
Sq. Ft.
2,920
Lot Size
10,500
Stories
1
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
68
APN
0281-112-61-0000

The source for these homes facts are from public records.

92408 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$499,900
Median List Price/Sq.Ft.
$316
Median Sold Price
$470,000
Median Sold Price/Sq.Ft.
$307
Total Inventory
14
Median Sale to List Price %
102.17%
Avg Days on Market
5
Loan Type
Conventional (0%), FHA (100%), VA (0%), Cash (0%), Other (0%)

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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.