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2340 Sepulveda Ave, San Bernardino, CA 92404
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2340 Sepulveda Ave San Bernardino, CA 92404

$1,250,000
  • 8 Beds
  • 8 Baths
  • 9,128 Sq.Ft.
For Sale
$1,250,000 Get Pre-Qualified
Map preview of 2340 Sepulveda Ave, San Bernardino, CA 92404

Property Overview: 2340 Sepulveda Ave San Bernardino, CA has 8 bedrooms, 8 bathrooms, 9,128 living square feet and 15,000 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: An excellent investment awaits! This spacious 8-unit complex, ideal for investment, possesses the potential for additional units due to its generous lot size. This property features eight units, each unit is one bed and one bath each. This apartment complex has three buildings. The first building has six units with three units on the bottom and three on the upper level. The ground-floor units include small patios. The second building consist of two more units of one bedroom one bath. The third unit incorporates a laundry room equipped with three washers, three dryers, and a storage area. The property includes a backyard and provides two parking spaces for each tenant. Conveniently located near freeways, schools, and shopping centers.

Listed by Vince Baldwin | BRE #01002523 | KW College Park
Last checked: 3 minutes ago | Last updated: April 4th, 2024 | Source CRMLS | DOM: 79
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Home details

Lot Sq. Ft
15,000
HOA Dues
$0/mo
Year built
1955
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
IG24016051
City
San Bernardino
County
San Bernardino
Time on Site
92 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: 8
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $850
  • Total Rent: --
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $850
  • Total Rent: --
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $850
  • Total Rent: --
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $850
  • Total Rent: --
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $950
  • Total Rent: --
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $950
  • Total Rent: --
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: --
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: --
  • Pro Forma/Market Rent: $1,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.18%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $90,000
  • Net Operating Income: $66,787
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $23,213
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $3,180
  • Professional Management: $0
  • Water/Sewer: $0

Open Houses for 2340 Sepulveda Ave

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Property Details for 2340 Sepulveda Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • Has Laundry
  • Common Area, Individual Room
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Gas Oven, Gas Range
Interior Features
  • 2 Staircases, Balcony
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned, Driveway, Parking Space, Private
Lot Information
  • Lot Features: 6-10 Units/Acre, Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 0150241240000
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
  • Accessibility Features: Parking
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Location / Neighborhood
Location Information
  • Directions: Highland and Sepulveda
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local San Bernardino Agent

Sale History for 2340 Sepulveda Ave

Last sold for $677,000 on December 29th, 2017

  • February, 2024

  • Feb 1, 2024

    Date

    Active

    CRMLS: IG24016051

    $1,250,000

    Price

  • January, 2024

  • Jan 1, 2024

    Date

    Expired

    CRMLS: DW23020105

    $1,350,000

    Price

  • Feb 4, 2023

    Date

    Active

    CRMLS: DW23020105

    $1,350,000

    Price

  • Listing provided courtesy of CRMLS

    8 income producing units on two parcels of land (~7,500 Sq. Ft. / parcel), both included in the sale. There are 3 buildings on this large property: 1ST BLDG contains 6 units of 1 bedroom, 1 bath each. 2ND BLDG contains 2 units of 1 bedroom, 1 bath each. 3RD BLDG contains a community laundry room and storage room. 1 unit will be delivered vacant at COE. Large property with the potential to add more units.

  • January, 2018

  • Jan 1, 2018

    Date

    Expired

    CRMLS: EV17184005

    $679,000

    Price

  • Nov 2, 2017

    Date

    Price Change

    CRMLS: EV17184005

    $679,000

    Price

  • Oct 19, 2017

    Date

    Price Change

    CRMLS: EV17184005

    $670,000

    Price

  • Sep 6, 2017

    Date

    Price Change

    CRMLS: EV17184005

    $675,000

    Price

  • Aug 9, 2017

    Date

    Active

    CRMLS: EV17184005

    $689,000

    Price

  • Listing provided courtesy of CRMLS

    9 unit apartment buildings on two parcels (24 and 25) consisting of 3 buildings. 6 units in the first building, 2 unit duplex and 1 single unit (inhabitable and using as a storage currently). Long term tenants, Always full. Can possibly place another duplex in the back (buyer to verify) Maybe you can use for VA Housing?! (Check with VA) Each unit is separately metered for electricity and gas. Investment opportunity with value-add potential! 1. Rents can be increased. 2. Laundry room facility available but not connected, add a washer/dryer to provide more income! Seller wishes to sell to pursue other business interests. The property located off Highland Ave, mins from shopping and the 215 Frwy. Walking distance to St. Bernadine Medical Center. Location Description Off Highland and Sepulveda a few blocks east of the 215 freeway

  • December, 2017

  • Dec 29, 2017

    Date

    Sold (Public Records)

    Public Records

    $677,000

    Price

  • October, 2005

  • Oct 6, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2340 Sepulveda Ave

Assessed Value (2020): $618,518
Year Land Value Improved Value Assessed Value
2020 $78,030 $540,488 $618,518

Home Value Compared to the Market

This property vs the competition

2340 Sepulveda Ave is listed 152.53% higher than the median list price for the city of San Bernardino which has a median list price of $495,000. The median price per/sqft for San Bernardino is $356 and this home is listed at $136.94 per/sqft which puts the price per square foot 61.53% lower than the median price per square foot for the city of San Bernardino.

About 2340 Sepulveda Ave

Detailed summary of property

2340 Sepulveda Ave is a mixed use located in San Bernardino, CA 92404 and is currently for sale. This mixed use property offers 8 bedrooms, 8 bathrooms, roughly 9,128 living square feet, and sits on an approximately 15,000 square foot lot. 2340 Sepulveda Ave was first listed on ArdentRealEstateGroup.com on January 26, 2024. The homeowner is currently asking $1,250,000. The median priced home in San Bernardino is $495,000 with a median price per square foot of $356. Based on Ardent Real Estate Group's San Bernardino Market Data, this home is listed 152.53% higher than the median priced home. Local competing homes currently for sale include 701 N Fickett St, 2120 Sheridan St and 2007 Pennsylvania Ave. While the average home in San Bernardino, CA is selling in 51 days, 2340 Sepulveda Ave has a days on market of 79 days. There are currently 372 homes for sale in the San Bernardino real estate market and 330 of them are single family homes while 40 of them are condos and 2 are townhomes. For more information on this home for sale at 2340 Sepulveda Ave San Bernardino, CA 92404 contact Ardent Real Estate Group and we will put you in touch with one of our San Bernardino agents.

Public Facts for 2340 Sepulveda Ave

Public county record property details
Beds
--
Baths
--
Year built
1955
Sq. Ft.
3,024
Lot Size
7,500
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
San Bernardino
Lot#
--
APN
0150-241-24-0000

The source for these homes facts are from public records.

92404 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$497,777
Median List Price/Sq.Ft.
$330
Median Sold Price
$462,000
Median Sold Price/Sq.Ft.
$320
Total Inventory
110
Median Sale to List Price %
98.51%
Avg Days on Market
41
Loan Type
Conventional (40.63%), FHA (37.5%), VA (0%), Cash (18.75%), Other (3.13%)

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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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