3898 N Lugo Ave, San Bernardino, CA 92404
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3898 N Lugo Ave San Bernardino, CA 92404

$875,000 Sold Price as of 01/30/2024
  • 8 Beds
  • 8 Baths
  • 4,050 Sq.Ft.
Sold
$875,000 Sold Price as of 01/30/2024 Refinance Your Mortgage

Map preview of 3898 N Lugo Ave, San Bernardino, CA 92404

Property Overview: 3898 N Lugo Ave San Bernardino, CA has 8 bedrooms, 8 bathrooms, 4,050 living square feet and 9,600 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Pride of ownership in north San Bernardino. All four units consist of 2 bedroom, 2 bathroom each and over 1,000 of living space. Previous owner has remodeled all four units and are well kept with maintenance items. Seller just finish a total renovation with of the units. One of unit is available for showing upon request. Close to Freeways, shopping, park, and all of outdoor living.

Listed by Darachan Ly | BRE #01358058 | Berkshire Hathaway HomeServices California Properties
Last checked: 13 minutes ago | Last updated: January 31st, 2024 | Source CRMLS | DOM: 42

Home details

Lot Sq. Ft
9,600
HOA Dues
$0/mo
Year built
1971
Garage
--
Property Type:
Apartment
Status
Sold
MLS#
PW23195498
City
San Bernardino
County
San Bernardino
Time on Site
335 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,230
  • Total Rent: $1,230
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,230
  • Total Rent: $1,230
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $1,350
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $79,200
  • Net Operating Income: $60,650
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $13,500
  • Electric: $600
  • Gas/Fuel: $0
  • Trash: $1,450
  • Insurance: $1,500
  • Water/Sewer: $1,500

Property Details for 3898 N Lugo Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate, Tile
  • Entry, Kitchen, Laundry, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven, Gas Range, Trash Compactor, Water Heater
Interior Features
  • Ceiling Fan(s), Granite Counters, Tile Counters
  • Levels: Two
  • Window Features: Blinds, Double Pane Windows
  • Door Features: Service Entrance
Exterior Features
Exterior Information
  • Roof: Asphalt
  • Lighting
  • 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: 4
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: 2-5 Units/Acre, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Has View
  • View: Mountain(s)
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 0154463130000
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Entry Level: 2
  • Foundation Details: Slab
  • Property is Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: N Sierra Way and E 40th St.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Suburban
View more facts & features

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Sale History for 3898 N Lugo Ave

Last sold for $875,000 on January 30th, 2024
  • January, 2024

  • Jan 30, 2024

    Date

    Sold

    CRMLS: PW23195498

    $875,000

    Price

  • Oct 19, 2023

    Date

    Active

    CRMLS: PW23195498

    $949,900

    Price

  • October, 2022

  • Oct 1, 2022

    Date

    Expired

    CRMLS: PW22058609

    $950,978

    Price

  • Mar 23, 2022

    Date

    Active

    CRMLS: PW22058609

    $993,999

    Price

  • Listing provided courtesy of CRMLS

    Pride of ownership in northern San Bernardino. This four plex consist of 2 bedroom, 2 bathroom each and over 1,000 of living space. Previous owner has remodeled all four units and are well kept with maintenance items.

  • April, 2021

  • Apr 1, 2021

    Date

    Expired

    CRMLS: PW20191989

    $850,000

    Price

  • Sep 15, 2020

    Date

    Active

    CRMLS: PW20191989

    $850,000

    Price

  • Listing provided courtesy of CRMLS

    Pride of ownership in northern San Bernardino. This four plex consist of 2 bedroom, 2 bathroom each and over 1,000 of living space. Previous owner has remodeled all four units and are well kept with maintenance items.

  • November, 2018

  • Nov 1, 2018

    Date

    Sold

    CRMLS: IV18230495

    $568,000

    Price

  • Sep 26, 2018

    Date

    Pending

    CRMLS: IV18230495

    $580,000

    Price

  • Sep 26, 2018

    Date

    Price Change

    CRMLS: IV18230495

    $580,000

    Price

  • Sep 21, 2018

    Date

    Active

    CRMLS: IV18230495

    $539,900

    Price

  • Listing provided courtesy of CRMLS

    Goldmine fourplex in northern San Bernardino. All four units are 2 bedroom, 2 bathroom and over 1,000 SF. Ownership has remodeled all units and keeps up with maintenance items and it shows pride of ownership.

  • October, 2018

  • Oct 31, 2018

    Date

    Sold (Public Records)

    Public Records

    $560,000

    Price

  • August, 2014

  • Aug 6, 2014

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3898 N Lugo Ave

Assessed Value (2020): $571,200
Year Land Value Improved Value Assessed Value
2020 $127,500 $443,700 $571,200

Home Value Compared to the Market

This property vs the competition

3898 N Lugo Ave sold on January 30, 2024 for 84% 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 $227.16 per/sqft which puts the price per square foot 37.07% lower than the current median sale per square foot for the city of San Bernardino.

About 3898 N Lugo Ave

Detailed summary of property

3898 N Lugo Ave is a apartment that recently sold in San Bernardino, CA 92404. This apartment offered 8 bedrooms, 8 bathrooms, roughly 4,050 living square feet, and sits on an approximately 9,600 square foot lot. 3898 N Lugo Ave was first listed on ArdentRealEstateGroup.com on October 20, 2023. The homeowner sold the property for $875,000. 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 84% higher than the current median priced home. Local homes that are currently for sale include 4607 Jurupa Ave, 7460 Potomac St and 7614 Fern St. While the average home in San Bernardino, CA is selling in 58 days, 3898 N Lugo Ave has a days on market of 42 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 3898 N Lugo 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 3898 N Lugo Ave

Public county record property details
Beds
--
Baths
--
Year built
1971
Sq. Ft.
4,050
Lot Size
9,600
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
11
APN
0154-463-13-0000

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
$489,000
Median List Price/Sq.Ft.
$327
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$335
Total Inventory
130
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 3898 N Lugo 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.