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394 W 17Th St, San Bernardino, CA 92405
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394 W 17Th St San Bernardino, CA 92405

$1,680,000
  • 13 Beds
  • 10 Baths
  • 7,282 Sq.Ft.
Pending
$1,680,000 Get Pre-Qualified
Map preview of 394 W 17Th St, San Bernardino, CA 92405

Property Overview: 394 W 17Th St San Bernardino, CA has 13 bedrooms, 10 bathrooms, 7,282 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: Portfolio Sale Opportunity: This property is available for Individual Purchase or as part of a Portfolio Sale with 3717 Roosevelt Street, Riverside and 27205 Main Street, Highland. We are pleased to present the opportunity to acquire an eight-unit property located at 394 W 17th Street in the city of San Bernardino. The property building size totals ±7,282 SF and is situated on a well-maintained ±15,000 square foot lot. 394 W 17th Street is conveniently located minutes away from the 215 and 210 Freeway and its cross streets are N Arrowhead Avenue and North D Street. The property offers convenient access to the San Bernardino Downtown Metrolink rail station, shopping centers, restaurants, and other popular retailers all within a short distance. 394 W 17th Street boasts recent termite section one repairs and a vibrant exterior paint job. All of the units have been meticulously renovated with high-quality vinyl plank flooring, new kitchen cabinets, custom vanities, new windows, glass shower doors and modern fixtures. The units also feature ceiling fans, mirrored closets, wall air conditioning and heating and private patios or yards. The property features a courtyard, well-maintained mature landscaping, on-site parking and a laundry facility. The property offers convenient access to the 210, 215, 91, 60 and 10 freeways connecting to Riverside, Orange, and Los Angeles Counties. Neighboring cities include Riverside, Highland, Colton, Redlands, Yucaipa, and Loma Linda. Significant local landmarks within a 20-mile radius include: San Bernardino International Airport, Inland Center Mall, Waterman Discount Mall, Cal State University San Bernardino, Loma Linda University Medical Center and Yaamava’ Resort & Casino, to name a few. 394 W 17th Street is a prime Inland Empire income-producing property and a great long-term investment. The property offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.

Listed by ERIC CHEN | BRE #01489184 | CB RICHARD ELLIS
Last checked: 4 minutes ago | Last updated: April 26th, 2024 | Source CRMLS | DOM: 32
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Home details

Lot Sq. Ft
15,000
HOA Dues
$0/mo
Year built
1942
Garage
2 Car
Property Type:
Apartment
Status
Pending
MLS#
CV24039459
City
San Bernardino
County
San Bernardino
Time on Site
61 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: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,111
  • Total Rent: $13,332
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $38,400
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,036
  • Total Rent: $48,864
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 4
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,350
  • Total Rent: $48,600
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.66%
  • Gross Rent Multiplier: 11.08
  • Gross Scheduled Income: $151,596
  • Net Operating Income: $95,018
  • Gross Operating Income: $144,016
  • Vacancy Allowance: $7,580
Annual Expense Breakdown
  • Total Operating Expense: $48,999
  • Gas/Fuel: $840
  • New Taxes: $21,878
  • Trash: $2,520
  • Gardener: $2,040
  • Insurance: $5,200
  • Maintenance: $6,600
  • Professional Management: $5,761
  • Water/Sewer: $2,160
  • Other Expenses: $2,000
  • Other Expense Description: Reserves

Open Houses for 394 W 17Th St

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Property Details for 394 W 17Th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 10
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 0145092110000
  • Year Built Source: Assessor
  • Entry Level: 1
  • 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: Merge onto CA-210 E, Take exit 75 for H St, Turn right onto H St, Turn left onto W Highland Ave, Turn right onto N D St, Turn left onto W 17th St
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local San Bernardino Agent

Sale History for 394 W 17Th St

Last leased for $1,006 on August 27th, 2019

  • April, 2024

  • Apr 16, 2024

    Date

    Pending

    CRMLS: CV24039459

    $1,680,000

    Price

  • Feb 26, 2024

    Date

    Active

    CRMLS: CV24039459

    $1,680,000

    Price

  • October, 2020

  • Oct 29, 2020

    Date

    Expired

    CRMLS: IV19253114

    $850

    Price

  • Nov 7, 2019

    Date

    Withdrawn

    CRMLS: IV19253114

    $850

    Price

  • Oct 29, 2019

    Date

    Active

    CRMLS: IV19253114

    $850

    Price

  • Listing provided courtesy of CRMLS

    A must see! STUDIO APARTMENT. This is a newly renovated studio apartment. located upstairs, the unit is private and seats above a storage garage. It has new kitchen cabinets, counter tops, flooring and fresh paint, let's not forget new energy efficient windows. The small complex has only 8 units and is regularly maintained. There is accessible freeway access and shopping nearby.

  • August, 2019

  • Aug 27, 2019

    Date

    Leased

    CRMLS: IV19177242

    $1,006

    Price

  • Aug 22, 2019

    Date

    Price Change

    CRMLS: IV19177242

    $1,050

    Price

  • Aug 15, 2019

    Date

    Price Change

    CRMLS: IV19177242

    $1,100

    Price

  • Aug 15, 2019

    Date

    Active

    CRMLS: IV19177242

    $1,150

    Price

  • Jul 29, 2019

    Date

    Pending

    CRMLS: IV19177242

    $1,150

    Price

  • Jul 25, 2019

    Date

    Active

    CRMLS: IV19177242

    $1,150

    Price

  • Listing provided courtesy of CRMLS

    Available Unit....Newly renovated one bedroom one bathroom apartment. This unit features new tile flooring throughout in an elegant grey color. There is new kitchen cabinets, granite counter tops and a new stove. In the bathroom there is a new shower and new faucet fixtures as well as, new ceiling fans in the living room. There is fresh paint throughout and the whole unit has had a new face lift .It also includes a one car parking space. There are great mountains views and its very accessible to the freeways and schools. A must see

  • August, 2017

  • Aug 28, 2017

    Date

    Sold (Public Records)

    Public Records

    $610,000

    Price

  • September, 2010

  • Sep 21, 2010

    Date

    Sold (Public Records)

    Public Records

    $350,000

    Price

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Tax History for 394 W 17Th St

Assessed Value (2020): $634,644
Year Land Value Improved Value Assessed Value
2020 $78,030 $556,614 $634,644

Home Value Compared to the Market

This property vs the competition

394 W 17Th St is listed 239.39% 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 $230.71 per/sqft which puts the price per square foot 35.19% lower than the median price per square foot for the city of San Bernardino.

About 394 W 17Th St

Detailed summary of property

394 W 17Th St is a apartment located in San Bernardino, CA 92405 and is currently in escrow to be sold. This apartment offers 13 bedrooms, 10 bathrooms, roughly 7,282 living square feet, and sits on an approximately 15,000 square foot lot. 394 W 17Th St was first listed on ArdentRealEstateGroup.com on February 27, 2024. The homeowner is currently asking $1,680,000. 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 239.39% higher than the median priced home. Local competing homes currently for sale include 884 N Cota St, 12015 Silicon Ave and 648 Abbey Lane. While the average home in San Bernardino, CA is selling in 51 days, 394 W 17Th St has a days on market of 32 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 394 W 17Th St San Bernardino, CA 92405 contact Ardent Real Estate Group and we will put you in touch with one of our San Bernardino agents.

Public Facts for 394 W 17Th St

Public county record property details
Beds
--
Baths
--
Year built
1942
Sq. Ft.
6,082
Lot Size
15,000
Stories
2
Type
Apartments (Generic)
Pool
No
Spa
No
County
San Bernardino
Lot#
--
APN
0145-092-11-0000

The source for these homes facts are from public records.

92405 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$459,880
Median List Price/Sq.Ft.
$361
Median Sold Price
$430,000
Median Sold Price/Sq.Ft.
$335
Total Inventory
70
Median Sale to List Price %
95.56%
Avg Days on Market
62
Loan Type
Conventional (41.18%), FHA (35.29%), VA (5.88%), Cash (17.65%), Other (0%)

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Recently Sold Homes Near 394 W 17Th St

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$560,500 Last Sold Price
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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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