2112 N Sierra Way, San Bernardino, CA 92405
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2112 N Sierra Way San Bernardino, CA 92405

$870,000 Sold Price as of 03/28/2019
  • 8 Beds
  • 8 Baths
  • 4,554 Sq.Ft.
Sold
$870,000 Sold Price as of 03/28/2019 Refinance Your Mortgage

Map preview of 2112 N Sierra Way, San Bernardino, CA 92405

Property Overview: 2112 N Sierra Way San Bernardino, CA has 8 bedrooms, 8 bathrooms, 4,554 living square feet and 15,180 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great Investment Opportunity! 8 units in dense rental area of San Bernardino. Easy access to bus, shopping, and banks. All units are separately metered for gas and electricity. Most units have either remodeled kitchen or bath. Many units have laundry hook ups and the 2 units on 21st St have private garages. All others have carport parking. Newer energy efficient windows throughout. Easy access to 210 and 215 freeways. Close to Cal State San Bernardino and growing number of businesses providing job opportunities in San Bernardino area. Considerable upside in rent potential.

Listed by Susan Howlett | BRE #00688489 | Pacific Coast Investment
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
15,180
HOA Dues
$0/mo
Year built
1955
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
TR19034998
City
San Bernardino
County
San Bernardino
Time on Site
1442 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 3
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 8
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $6,570
  • Total Rent: $6,570
  • Pro Forma/Market Rent: $7,153
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $78,840
  • Net Operating Income: $50,065
  • Gross Operating Income: $77,264
  • Vacancy Allowance: $1,576
Annual Expense Breakdown
  • Total Operating Expense: $27,199
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $600
  • New Taxes: $11,571
  • Trash: $1,440
  • Gardener: $2,100
  • Insurance: $2,500
  • Professional Management: $4,200
  • Water/Sewer: $3,300

Property Details for 2112 N Sierra Way

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Carport, Detached Carport
Lot Information
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Sprinklers In Front, Sprinklers On Side, Sprinklers Timer, Yard
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Total # of Units: 8
  • Parcel Number: 0146014270000
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Sewer Connected
Location / Neighborhood
Location Information
  • Directions: N on 215, exit Highland Ave going east, right on Sierra Way NW corner of Sierra and 21st St
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local San Bernardino Agent

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Sale History for 2112 N Sierra Way

Last sold for $870,000 on March 28th, 2019
  • March, 2019

  • Mar 29, 2019

    Date

    Sold

    CRMLS: TR19034998

    $870,000

    Price

  • Mar 11, 2019

    Date

    Pending

    CRMLS: TR19034998

    $870,000

    Price

  • Feb 22, 2019

    Date

    Active

    CRMLS: TR19034998

    $870,000

    Price

  • March, 2019

  • Mar 28, 2019

    Date

    Sold (Public Records)

    Public Records

    $870,000

    Price

  • August, 2003

  • Aug 21, 2003

    Date

    Sold (Public Records)

    Public Records

    $397,000

    Price

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Tax History for 2112 N Sierra Way

Assessed Value (2020): $887,400
Year Land Value Improved Value Assessed Value
2020 $255,000 $632,400 $887,400

Home Value Compared to the Market

This property vs the competition

2112 N Sierra Way sold on March 28, 2019 for 79.38% higher than the current median sold price for the city of San Bernardino which is $485,000. The median sold price per/sqft for San Bernardino is $372 and this home is sold at $191.04 per/sqft which puts the price per square foot 48.64% lower than the current median sale per square foot for the city of San Bernardino.

About 2112 N Sierra Way

Detailed summary of property

2112 N Sierra Way is a multi family that recently sold in San Bernardino, CA 92405. This multi family property offered 8 bedrooms, 8 bathrooms, roughly 4,554 living square feet, and sits on an approximately 15,180 square foot lot. 2112 N Sierra Way was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $870,000. Home in San Bernardino are selling for a median price of $485,000 and a median price per square foot of $372. Based on Ardent Real Estate Group's San Bernardino Market Data, this home is sold 79.38% higher than the current median priced home. Local homes that are currently for sale include 5363 Edna St, 3406 Pueblo Ave and 4936 Templeton St. While the average home in San Bernardino, CA is selling in 54 days, 2112 N Sierra Way has a days on market of 15 days. There are currently 417 homes for sale in the San Bernardino real estate market and 380 of them are single family homes while 36 of them are condos and 1 are townhomes. For more information on this home for sale at 2112 N Sierra Way 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 2112 N Sierra Way

Public county record property details
Beds
--
Baths
--
Year built
1955
Sq. Ft.
4,554
Lot Size
15,180
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
San Bernardino
Lot#
--
APN
0146-014-27-0000

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
$479,999
Median List Price/Sq.Ft.
$365
Median Sold Price
$458,000
Median Sold Price/Sq.Ft.
$377
Total Inventory
69
Median Sale to List Price %
100.48%
Avg Days on Market
28
Loan Type
Conventional (18.75%), FHA (56.25%), VA (0%), Cash (12.5%), Other (12.5%)

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Related Resources to 2112 N Sierra Way

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.