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148 Magnolia Ave, San Bernardino, CA 92405
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148 Magnolia Ave San Bernardino, CA 92405

$925,000
  • 7 Beds
  • 3 Baths
  • 2,510 Sq.Ft.
For Sale
$925,000 Get Pre-Qualified
Map preview of 148 Magnolia Ave, San Bernardino, CA 92405

Property Overview: 148 Magnolia Ave San Bernardino, CA has 7 bedrooms, 3 bathrooms, 2,510 living square feet and 300 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: THREE UNIT TRIPLEX. There was a single-story house that faces Magnolia St that was recently caught on fire and will need to be rebuilt. Behind it there is a 2-story duplex building that faces a cut de sac on Genevieve St. The addresses posted on the duplex is 1519 and 1521 Genevieve. Entrance to units is on Genevieve St. Duplex units were originally 2 bedrooms plus one bath units and are about 750 sq ft each. Both have been converted into 3 bedrooms each. Fully renovated. Behind the duplex is an unpermitted 1 bedroom, 1 bath ADU. All tenants on a month-to-month lease. Excellent cash flow opportunity. The property is centrally located with access to the 210 and 215 Freeways. Property listed as residential income. SOLD AS IS, PRICED TO SELL.

Listed by SYLVIA HERNANDEZ | BRE #02087832 | REALTY MASTERS & ASSOCIATES
Last checked: 9 minutes ago | Last updated: September 17th, 2024 | Source CRMLS | DOM: 14

Home details

Lot Sq. Ft
300
HOA Dues
$0/mo
Year built
1927
Garage
--
Property Type:
Triplex
Status
Active
MLS#
IV24183273
City
San Bernardino
County
San Bernardino
Time on Site
14 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Electric Meters: 3
  • # of Gas Meters: 3
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $2,100
  • Total Rent: $2,100
  • Pro Forma/Market Rent: $2,200
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $72,000
  • Net Operating Income: $61,887
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $10,113
  • Electric: $5,616
  • Gas/Fuel: $0
  • Trash: $948
  • Insurance: $1,197
  • Water/Sewer: $2,352

Open Houses for 148 Magnolia Ave

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Property Details for 148 Magnolia Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Combination
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Multi/Split
Exterior Features
Exterior Information
  • Has Fence
  • Chain Link
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: On Site
Lot Information
  • Lot Features: 2-5 Units/Acre, Cul-De-Sac
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Mountain(s)
  • Common Walls: 1 Common Wall, No One Above
  • Total # of Units: 3
  • Parcel Number: 0146133310000
  • Year Built Source: Public Records
  • Entry Level: 3
  • Property is Attached
  • Accessibility Features: Parking
  • Offered With Property: Downstairs unit comes with a stove, upstairs unit comes with stove & refrigerator, ADU comes with electric stove & refrigerator, window AC (duplex)
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: North of Baseline, in between Mt. View & Sierra Way
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local San Bernardino Agent

Sale History for 148 Magnolia Ave

Last sold for $540,000 on April 17th, 2023

  • September, 2024

  • Sep 4, 2024

    Date

    Active

    CRMLS: IV24183273

    $925,000

    Price

  • April, 2023

  • Apr 17, 2023

    Date

    Sold

    CRMLS: EV23028749

    $540,000

    Price

  • Feb 22, 2023

    Date

    Active

    CRMLS: EV23028749

    $550,000

    Price

  • Listing provided courtesy of CRMLS

    THREE UNITS TRIPLEX. All units are 2 bedrooms plus one bath units and are about 750 sq ft each. There is a single story house that faces Magnolia St and behind it there is a 2 story duplex building that faces cut de sac on Genevieve St. The addresses posted on the duplex is 1519 and 1521 Genevieve. Potential rental income after renovations on these units are 1600 to 1700 each plus. Would make a great cash flow property or somebody could live in Magnolia and collect income by renting out the duplex on Genevieve OR keep the whole 3 units to yourself in a multi family living scenario. The property is centrally located with access to the 210 and 215 Freeways.

  • April, 2023

  • Apr 17, 2023

    Date

    Sold

    CRMLS: EV23030476

    $540,000

    Price

  • Feb 22, 2023

    Date

    Active

    CRMLS: EV23030476

    $550,000

    Price

  • Listing provided courtesy of CRMLS

    THREE UNITS TRIPLEX. All units are 2 bedrooms plus one bath units and are about 750 sq ft each. There is a single story house that faces Magnolia St and behind it there is a 2 story duplex building that faces cut de sac on Genevieve St. The addresses posted on the duplex is 1519 and 1521 Genevieve. Potential rental income after renovations on these units are 1600 to 1700 each plus. Would make a great cash flow property or somebody could live in Magnolia and collect income by renting out the duplex on Genevieve OR keep the whole 3 units to yourself in a multi family living scenario. The property is centrally located with access to the 210 and 215 Freeways. Property also listed as residential income property MLS #EV23028749

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Tax History for 148 Magnolia Ave

Assessed Value (2020): $53,437
Year Land Value Improved Value Assessed Value
2020 $13,142 $40,295 $53,437

Home Value Compared to the Market

This property vs the competition

148 Magnolia Ave is listed 89.02% higher than the median list price for the city of San Bernardino which has a median list price of $489,369. The median price per/sqft for San Bernardino is $348 and this home is listed at $368.53 per/sqft which puts the price per square foot 5.9% higher than the median price per square foot for the city of San Bernardino.

About 148 Magnolia Ave

Detailed summary of property

148 Magnolia Ave is a triplex located in San Bernardino, CA 92405 and is currently for sale. This triplex offers 7 bedrooms, 3 bathrooms, roughly 2,510 living square feet, and sits on an approximately 300 square foot lot. 148 Magnolia Ave was first listed on ArdentRealEstateGroup.com on September 4, 2024. The homeowner is currently asking $925,000. The median priced home in San Bernardino is $489,369 with a median price per square foot of $348. Based on Ardent Real Estate Group's San Bernardino Market Data, this home is listed 89.02% higher than the median priced home. Local competing homes currently for sale include 2127 10th St, 4152 Locust St and 4607 Jurupa Ave. While the average home in San Bernardino, CA is selling in 58 days, 148 Magnolia Ave has a days on market of 14 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 148 Magnolia Ave San Bernardino, CA 92405 contact Ardent Real Estate Group and we will put you in touch with one of our San Bernardino agents.

Public Facts for 148 Magnolia Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
300
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
2
APN
0146-133-31-0000

The source for these homes facts are from public records.

92405 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$449,900
Median List Price/Sq.Ft.
$347
Median Sold Price
$490,000
Median Sold Price/Sq.Ft.
$379
Total Inventory
72
Median Sale to List Price %
102.08%
Avg Days on Market
32
Loan Type
Conventional (10.53%), FHA (63.16%), VA (0%), Cash (21.05%), Other (0%)

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San Bernardino Agent
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(714) 706-1823

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Recently Sold Homes Near 148 Magnolia Ave

125 Magnolia Ave, San Bernardino, CA 92405
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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.

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