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157 E Court St, San Bernardino, CA 92410
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157 E Court St San Bernardino, CA 92410

$2,480,000 Sold Price as of 11/04/2021
  • 32 Beds
  • 16 Baths
  • 12,096 Sq.Ft.
Sold
$2,480,000 Sold Price as of 11/04/2021 Refinance Your Mortgage
Map preview of 157 E Court St, San Bernardino, CA 92410

Property Overview: 157 E Court St San Bernardino, CA has 32 bedrooms, 16 bathrooms, 12,096 living square feet and 30,418 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Tremendous growth opportunity for an investor seeking to start or add to a portfolio, or 1031 exchange. This well maintained 16 units apartment building consists of four detached buildings each with four 2 beds/1 bath units. Multiple units have been upgraded and have long term tenants. The apartment offers 32 total parking spaces in a secured and private setting. Vacancies are rare as current rents are below market offering upside potential. Located in a high demand area featuring new Amazon fulfillment Centers, new offices, commercial, and industrial development offering a future growth economy. San Bernardino City Hall, public buildings, police and fire stations, transportation, and shopping are all easily accessible and in the vicinity.

Listed by Kerry Lam | BRE #01359844 | eXp Realty of California Inc
Co-listed by JAMES TRAN | BRE #01949084 | EXP REALTY
Last checked: 43 seconds ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
30,418
HOA Dues
$0/mo
Year built
1985
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
AR21178545
City
San Bernardino
County
San Bernardino
Time on Site
1132 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 16
  • Total # of Buildings: 4
  • # of Leased Units: 15
  • # of Electric Meters: 16
  • # of Gas Meters: 16
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 16
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $13,785
  • Total Rent: $13,785
  • Pro Forma/Market Rent: $24,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $288,000
  • Net Operating Income: $192,375
  • Gross Operating Income: --
  • Vacancy Allowance: $8,640
Annual Expense Breakdown
  • Total Operating Expense: $86,985
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Property Details for 157 E Court St

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 32
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 16
  • Parcel Number: 0135181640000
  • 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: 10 Fwy Waterman Exit North, left on Fourth St, left on Court St
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local San Bernardino Agent

Sale History for 157 E Court St

Last sold for $2,480,000 on November 4th, 2021

  • August, 2021

  • Aug 20, 2021

    Date

    Active Under Contract

    CRMLS: AR21178545

    $2,500,000

    Price

  • Aug 13, 2021

    Date

    Active

    CRMLS: AR21178545

    $2,500,000

    Price

Tax History for 157 E Court St

Assessed Value (2020): $844,133
Year Land Value Improved Value Assessed Value
2020 $153,768 $690,365 $844,133

Home Value Compared to the Market

This property vs the competition

157 E Court St sold on November 4, 2021 for 400% 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 $206.68 per/sqft which puts the price per square foot 42.75% lower than the current median sale per square foot for the city of San Bernardino.

About 157 E Court St

Detailed summary of property

157 E Court St is a multi family that recently sold in San Bernardino, CA 92410. This multi family property offered 32 bedrooms, 16 bathrooms, roughly 12,096 living square feet, and sits on an approximately 30,418 square foot lot. 157 E Court St was first listed on ArdentRealEstateGroup.com on August 13, 2021. The homeowner sold the property for $2,480,000. 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 400% higher than the current median priced home. Local homes that are currently for sale include 2250 Kenrich Court, 12621 Morningside Ave and 13052 Rockinghorse Rd. While the average home in San Bernardino, CA is selling in 58 days, 157 E Court St has a days on market of 8 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 157 E Court 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 157 E Court St

Public county record property details
Beds
--
Baths
--
Year built
1985
Sq. Ft.
12,096
Lot Size
30,418
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
San Bernardino
Lot#
--
APN
0135-181-64-0000

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
$450,000
Median List Price/Sq.Ft.
$378
Median Sold Price
$455,000
Median Sold Price/Sq.Ft.
$377
Total Inventory
53
Median Sale to List Price %
103.64%
Avg Days on Market
25
Loan Type
Conventional (27.27%), FHA (18.18%), VA (0%), Cash (18.18%), Other (18.18%)

Thinking of Selling?

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Recently Sold Homes Near 157 E Court St

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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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