2387 Sepulveda Ave, San Bernardino, CA 92404
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2387 Sepulveda Ave San Bernardino, CA 92404

$837,000 Sold Price as of 05/27/2022
  • 10 Beds
  • 5 Baths
  • 4,614 Sq.Ft.
Sold
$837,000 Sold Price as of 05/27/2022 Refinance Your Mortgage

Map preview of 2387 Sepulveda Ave, San Bernardino, CA 92404

Property Overview: 2387 Sepulveda Ave San Bernardino, CA has 10 bedrooms, 5 bathrooms, 4,614 living square feet and 12,927 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We’re pleased to present you this great investment opportunity... a 5 unit gated apartment complex located near public transportation, the 210 & 215 freeways, walking distance to shopping and restaurants. All 5 units are 2 bedrooms, 1 bathroom with great upside rent potential. All the kitchens were recently updated. Each unit has indoor laundry and its very own separate patio. Why buy 4 units, when for a similar price point, you can get 5 units! All units are fully rented with long term tenants. Hurry, this opportunity won't last!

Listed by Roger Munoz | BRE #01438050 | Realty Pro 100
Last checked: 3 minutes ago | Last updated: May 29th, 2022 | Source CRMLS | DOM: 92

Home details

Lot Sq. Ft
12,927
HOA Dues
$0/mo
Year built
1958
Garage
--
Property Type:
Apartment
Status
Sold
MLS#
PW22004019
City
San Bernardino
County
San Bernardino
Time on Site
976 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 1
  • # of Leased Units: 5
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,017
  • Total Rent: $1,017
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,070
  • Total Rent: $1,070
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,017
  • Total Rent: $1,017
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $963
  • Total Rent: $963
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $963
  • Total Rent: $963
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5%
  • Gross Rent Multiplier: 15.74
  • Gross Scheduled Income: $60,360
  • Net Operating Income: $48,878
  • Gross Operating Income: $60,360
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $11,481
  • Electric: $2,544
  • Gas/Fuel: $408
  • Licenses: $105
  • Furniture Replacement: $0
  • Trash: $216
  • Cable TV: $0
  • Insurance: $2,231
  • Maintenance: $2,000
  • Professional Management: $0
  • Water/Sewer: $240

Property Details for 2387 Sepulveda Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Has Laundry
  • Gas & Electric Dryer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet
  • All Bedrooms Down
Interior Features
  • Unfurnished
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Block
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Parking Features: Carport, Street
Lot Information
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • No View
  • View: None
  • Common Walls: 2+ Common Walls
  • Total # of Units: 5
  • Parcel Number: 0150261090000
  • Year Built Source: Assessor
  • Foundation Details: Slab
  • Property is Attached
  • Accessibility Features: None
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: East Highland Ave then turn North onto Sepulveda Avenue
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 2387 Sepulveda Ave

Last sold for $837,000 on May 27th, 2022
  • May, 2022

  • May 27, 2022

    Date

    Sold

    CRMLS: PW22004019

    $837,000

    Price

  • Jan 25, 2022

    Date

    Active

    CRMLS: PW22004019

    $925,000

    Price

  • September, 2001

  • Sep 21, 2001

    Date

    Sold (Public Records)

    Public Records

    $75,500

    Price

  • April, 1999

  • Apr 5, 1999

    Date

    Sold (Public Records)

    Public Records

    $118,000

    Price

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Tax History for 2387 Sepulveda Ave

Assessed Value (2020): $202,623
Year Land Value Improved Value Assessed Value
2020 $54,032 $148,591 $202,623

Home Value Compared to the Market

This property vs the competition

2387 Sepulveda Ave sold on May 27, 2022 for 85% 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 $200.48 per/sqft which puts the price per square foot 44.47% lower than the current median sale per square foot for the city of San Bernardino.

About 2387 Sepulveda Ave

Detailed summary of property

2387 Sepulveda Ave is a apartment that recently sold in San Bernardino, CA 92404. This apartment offered 10 bedrooms, 5 bathrooms, roughly 4,614 living square feet, and sits on an approximately 12,927 square foot lot. 2387 Sepulveda Ave was first listed on ArdentRealEstateGroup.com on January 26, 2022. The homeowner sold the property for $837,000. 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 85% higher than the current median priced home. Local homes that are currently for sale include 2127 10th St, 2127 10th St and 4152 Locust St. While the average home in San Bernardino, CA is selling in 61 days, 2387 Sepulveda Ave has a days on market of 92 days. There are currently 446 homes for sale in the San Bernardino real estate market and 399 of them are single family homes while 42 of them are condos and 5 are townhomes. For more information on this home for sale at 2387 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 2387 Sepulveda Ave

Public county record property details
Beds
--
Baths
--
Year built
1958
Sq. Ft.
4,614
Lot Size
12,927
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
San Bernardino
Lot#
37
APN
0150-261-09-0000

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
$499,000
Median List Price/Sq.Ft.
$324
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$335
Total Inventory
133
Median Sale to List Price %
100.98%
Avg Days on Market
43
Loan Type
Conventional (36.36%), FHA (51.52%), VA (3.03%), Cash (3.03%), Other (6.06%)

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Related Resources to 2387 Sepulveda Ave

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.