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2991 Loma Ave, San Bernardino, CA 92404
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2991 Loma Ave San Bernardino, CA 92404

$618,000 Sold Price as of 09/30/2022
  • 4 Beds
  • 4 Baths
  • 2,856 Sq.Ft.
Sold
$618,000 Sold Price as of 09/30/2022 Refinance Your Mortgage
Map preview of 2991 Loma Ave, San Bernardino, CA 92404

Property Overview: 2991 Loma Ave San Bernardino, CA has 4 bedrooms, 4 bathrooms, 2,856 living square feet and 6,743 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: We are pleased to present 2991 Loma Avenue, located in beautiful San Bernardino. This great 4-plex investment opportunity was built in 1987 and features four 1 bed/1 bath units. The building is 2,856 square feet and sits on a 6,743 square foot lot. Loma is located near the 210 freeway and offers great airport access as well which makes it an ideal spot for commuters.

Listed by Stephen Takahashi | BRE #01944770 | Lyon Stahl Investment Real Estate, Inc.
Co-listed by John Stiegler II | BRE #01981597 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 1 minute ago | Last updated: July 21st, 2023 | Source CRMLS | DOM: 71

Home details

Lot Sq. Ft
6,743
HOA Dues
$0/mo
Year built
1987
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
SB22130469
City
San Bernardino
County
San Bernardino
Time on Site
648 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $855
  • Total Rent: $855
  • Pro Forma/Market Rent: $1,195
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $819
  • Total Rent: $819
  • Pro Forma/Market Rent: $1,195
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,185
  • Total Rent: $1,185
  • Pro Forma/Market Rent: $1,195
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $650
  • Total Rent: $650
  • Pro Forma/Market Rent: $1,195
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $42,108
  • Net Operating Income: $23,009
  • Gross Operating Income: $40,003
  • Vacancy Allowance: $2,105
Annual Expense Breakdown
  • Total Operating Expense: $16,994
  • Electric: $900
  • Gas/Fuel: $900
  • New Taxes: $7,813
  • Trash: $900
  • Gardener: $1,200
  • Insurance: $2,697
  • Maintenance: $1,684
  • Water/Sewer: $900

Property Details for 2991 Loma Ave

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Attached Carport, Covered, Concrete, Driveway Level
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 0155161100000
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Unknown
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 2991 Loma Ave, San Bernardino, CA 92404
Neighborhood Information
  • Community Features: Mountainous
View more facts & features

Local San Bernardino Agent

Sale History for 2991 Loma Ave

Last sold for $618,000 on September 30th, 2022

  • July, 2023

  • Jul 21, 2023

    Date

    Expired

    CRMLS: MB23117549

    $1,375

    Price

  • Jun 30, 2023

    Date

    Active

    CRMLS: MB23117549

    $1,375

    Price

  • Listing provided courtesy of CRMLS

    Great fresh painted unit. NEW laminated floors in the bedroom. This unit comes with a LARGE bonus room that can be used as an office! Close to restaurants and entrance to the 210 Freeway.

  • September, 2022

  • Sep 30, 2022

    Date

    Sold

    CRMLS: SB22130469

    $618,000

    Price

  • Jul 6, 2022

    Date

    Active

    CRMLS: SB22130469

    $625,000

    Price

  • December, 2013

  • Dec 30, 2013

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2006

  • Aug 4, 2006

    Date

    Sold (Public Records)

    Public Records

    $470,000

    Price

Show More

Tax History for 2991 Loma Ave

Assessed Value (2020): $141,636
Year Land Value Improved Value Assessed Value
2020 $23,607 $118,029 $141,636

Home Value Compared to the Market

This property vs the competition

2991 Loma Ave sold on September 30, 2022 for 30.21% higher than the current median sold price for the city of San Bernardino which is $480,000. The median sold price per/sqft for San Bernardino is $364 and this home is sold at $218.84 per/sqft which puts the price per square foot 39.88% lower than the current median sale per square foot for the city of San Bernardino.

About 2991 Loma Ave

Detailed summary of property

2991 Loma Ave is a multi family that recently sold in San Bernardino, CA 92404. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 2,856 living square feet, and sits on an approximately 6,743 square foot lot. 2991 Loma Ave was first listed on ArdentRealEstateGroup.com on July 26, 2022. The homeowner sold the property for $618,000. Home in San Bernardino are selling for a median price of $480,000 and a median price per square foot of $364. Based on Ardent Real Estate Group's San Bernardino Market Data, this home is sold 30.21% higher than the current median priced home. Local homes that are currently for sale include 607 S Plum Ave, 831 W 7th St and 4775 Hammel St. While the average home in San Bernardino, CA is selling in 50 days, 2991 Loma Ave has a days on market of 71 days. There are currently 380 homes for sale in the San Bernardino real estate market and 340 of them are single family homes while 38 of them are condos and 2 are townhomes. For more information on this home for sale at 2991 Loma 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 2991 Loma Ave

Public county record property details
Beds
--
Baths
--
Year built
1987
Sq. Ft.
2,856
Lot Size
6,743
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
14
APN
0155-161-10-0000

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
$499,950
Median List Price/Sq.Ft.
$319
Median Sold Price
$497,000
Median Sold Price/Sq.Ft.
$327
Total Inventory
115
Median Sale to List Price %
103.56%
Avg Days on Market
19
Loan Type
Conventional (42.42%), FHA (36.36%), VA (6.06%), Cash (9.09%), Other (6.06%)

Thinking of Selling?

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(714) 706-1823

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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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