3928 N Lugo Ave, San Bernardino, CA 92404
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3928 N Lugo Ave San Bernardino, CA 92404

$1,780,000 Sold Price as of 12/20/2022
  • 22 Beds
  • 22 Baths
  • 8,100 Sq.Ft.
Sold
$1,780,000 Sold Price as of 12/20/2022 Refinance Your Mortgage

Map preview of 3928 N Lugo Ave, San Bernardino, CA 92404

Property Overview: 3928 N Lugo Ave San Bernardino, CA has 22 bedrooms, 22 bathrooms, 8,100 living square feet and 13,068 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Listed by SEAN HWANGBO | BRE #01945497 | REALTY ONE GROUP WEST
Last checked: 5 minutes ago | Last updated: December 21st, 2022 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft
13,068
HOA Dues
$0/mo
Year built
1971
Garage
--
Property Type:
Apartment
Status
Sold
MLS#
CV22214785
City
San Bernardino
County
San Bernardino
Time on Site
710 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 2
  • # of Electric Meters: 10
  • # of Gas Meters: 9
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,360
  • Total Rent: $1,360
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,360
  • Total Rent: $1,360
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,210
  • Total Rent: $1,210
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,295
  • Total Rent: $1,295
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 7
  • # of Units: 8
  • # of Beds: 1
  • # of Baths: 1
  • Total Rent: --
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,295
  • Total Rent: $1,295
  • Pro Forma/Market Rent: $1,850
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $1
  • Net Operating Income: $1
  • Gross Operating Income: $129,407
  • Laundry Income: $2,880
Annual Expense Breakdown
  • Total Operating Expense: $1
  • Electric: $1
  • Gas/Fuel: $1
  • Trash: $1
  • Insurance: $1
  • Professional Management: $0
  • Water/Sewer: $1

Property Details for 3928 N Lugo Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area, Individual Room
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Parking Features: Carport, Controlled Entrance, Street
Lot Information
  • Lot Features: 26-30 Units/Acre
  • Lot Size Source: Public Records
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 0154463090000
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: E Ralston Ave & N Lugo Ave
Neighborhood Information
  • Community Features: Foothills, Sidewalks, Street Lights, Suburban
View more facts & features

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Sale History for 3928 N Lugo Ave

Last sold for $880,000 on December 20th, 2022
  • December, 2022

  • Dec 20, 2022

    Date

    Sold

    CRMLS: CV22215607

    $880,000

    Price

  • Oct 10, 2022

    Date

    Active

    CRMLS: CV22215607

    $880,000

    Price

  • Listing provided courtesy of CRMLS

  • December, 2022

  • Dec 20, 2022

    Date

    Sold

    CRMLS: CV22214785

    $1,780,000

    Price

  • Oct 10, 2022

    Date

    Active

    CRMLS: CV22214785

    $1,780,000

    Price

  • April, 2021

  • Apr 7, 2021

    Date

    Expired

    CRMLS: WS21003964

    $1,350

    Price

  • Jan 19, 2021

    Date

    Withdrawn

    CRMLS: WS21003964

    $1,350

    Price

  • Jan 7, 2021

    Date

    Active

    CRMLS: WS21003964

    $1,350

    Price

  • Listing provided courtesy of CRMLS

    Amazing gated 4 unit property located in a quite community closed to 210 and 78 Fwy. Every unit features two bedrooms and two bathrooms, about 1000sqft living area. Each unit has a single carport behind a secured gate, also street parking is avaible. Laundry room with coin-operated washer and dry machine. This unit will be wholefully painted and fixed. Move in ready!

  • July, 2020

  • Jul 26, 2020

    Date

    Sold

    CRMLS: WS20045442

    $595,000

    Price

  • Jun 9, 2020

    Date

    Active Under Contract

    CRMLS: WS20045442

    $600,000

    Price

  • Mar 2, 2020

    Date

    Active

    CRMLS: WS20045442

    $600,000

    Price

  • Listing provided courtesy of CRMLS

    Amazing 2 quadruplexes 2 APNs, 8 Units total, each building has 4 units with excellent income and stable tenants. *** MUST BE purchased along with 3918 N Lugo Ave ***. This property features two bedrooms and two baths, each with similar floor plans. Units A and B were updated in 2017 with new kitchen and bathrooms and tile floor throughout. Each unit has a single carport behind a secured gate. Additional parking is available on the street. Laundry room with coin-operated machines provides additional income shared between the two properties. Located in a quiet and secluded neighborhood north of 210 and west of 18 in San Bernardino. Security cameras were installed on both properties. Properties have been maintained meticulously by owners and are in great condition, and owners spent a considerable amount to upgrade inside and outside of the property. Termite fumigation was done in August 2017 for both 3918 and 3928. Good tenants with good rent. This is the income property you have been looking for. *** Please do not disturb the tenants. DRIVE-BY ONLY ***

  • July, 2020

  • Jul 24, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,190,000

    Price

  • January, 2017

  • Jan 31, 2017

    Date

    Sold (Public Records)

    Public Records

    $880,000

    Price

Show More

Tax History for 3928 N Lugo Ave

Assessed Value (2020): $466,932
Year Land Value Improved Value Assessed Value
2020 $106,121 $360,811 $466,932

Home Value Compared to the Market

This property vs the competition

3928 N Lugo Ave sold on December 20, 2022 for 256% 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 $219.75 per/sqft which puts the price per square foot 39.13% lower than the current median sale per square foot for the city of San Bernardino.

About 3928 N Lugo Ave

Detailed summary of property

3928 N Lugo Ave is a apartment that recently sold in San Bernardino, CA 92404. This apartment offered 22 bedrooms, 22 bathrooms, roughly 8,100 living square feet, and sits on an approximately 13,068 square foot lot. 3928 N Lugo Ave was first listed on ArdentRealEstateGroup.com on October 10, 2022. The homeowner sold the property for $1,780,000. 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 256% higher than the current median priced home. Local homes that are currently for sale include 2355 E Garvey Ave, 2400 S Ridgewood Dr and 2075 N Highland St. While the average home in San Bernardino, CA is selling in 58 days, 3928 N Lugo Ave has a days on market of 9 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 3928 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 3928 N Lugo Ave

Public county record property details
Beds
8
Baths
8
Year built
1971
Sq. Ft.
4,050
Lot Size
5,842
Stories
2
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
38
APN
0154-463-09-0000

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
$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 3928 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.