4004 Electric Ave, San Bernardino, CA 92407
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4004 Electric Ave San Bernardino, CA 92407

$450,000 Sold Price as of 04/30/2019
  • 4 Beds
  • 4 Baths
  • 1,651 Sq.Ft.
Sold
$450,000 Sold Price as of 04/30/2019 Refinance Your Mortgage

Map preview of 4004 Electric Ave, San Bernardino, CA 92407

Property Overview: 4004 Electric Ave San Bernardino, CA has 4 bedrooms, 4 bathrooms, 1,651 living square feet and 13,050 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Investors!! A must see!! Will be remodeled inside and out! 2 houses on a lot, with their own large yard, each has has it's own separate driveway entry, garage, and on separate electric and gas meters. Great Income Property! with 8% CAP. Can live in 1 rent 1 out!

Listed by MONICA FLORES | BRE #01440911 | MONICA FLORES, BROKER
Last checked: 7 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 126

Home details

Lot Sq. Ft
13,050
HOA Dues
$0/mo
Year built
1927
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
CV18238324
City
San Bernardino
County
San Bernardino
Time on Site
1398 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # 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: $1,550
  • Total Rent: $1,550
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $36,600
  • Net Operating Income: $35,400
  • Gross Operating Income: --
  • # of Rented Garages: 2
Annual Expense Breakdown
  • Total Operating Expense: $1,200
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $5,000
  • Trash: $420
  • Insurance: $650
  • Water/Sewer: $600

Property Details for 4004 Electric Ave

Interior Features
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Common Area
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 0154641040000
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 40th/Electric
Neighborhood Information
  • Community Features: Curbs
View more facts & features

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Sale History for 4004 Electric Ave

Last sold on February 21st, 2020
  • February, 2020

  • Feb 21, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • July, 2019

  • Jul 16, 2019

    Date

    Sold (Public Records)

    Public Records

    $124,078

    Price

  • May, 2019

  • May 5, 2019

    Date

    Sold

    CRMLS: CV18238324

    $450,000

    Price

  • Mar 9, 2019

    Date

    Active Under Contract

    CRMLS: CV18238324

    $450,000

    Price

  • Dec 14, 2018

    Date

    Active

    CRMLS: CV18238324

    $450,000

    Price

  • Nov 27, 2018

    Date

    Price Change

    CRMLS: CV18238324

    $450,000

    Price

  • Nov 13, 2018

    Date

    Hold

    CRMLS: CV18238324

    $380,000

    Price

  • Oct 4, 2018

    Date

    Price Change

    CRMLS: CV18238324

    $380,000

    Price

  • Oct 1, 2018

    Date

    Active

    CRMLS: CV18238324

    $425,000

    Price

  • September, 2018

  • Sep 24, 2018

    Date

    Canceled

    CRMLS: CV18215297

    $399,000

    Price

  • Sep 17, 2018

    Date

    Price Change

    CRMLS: CV18215297

    $399,000

    Price

  • Sep 5, 2018

    Date

    Active

    CRMLS: CV18215297

    $425,000

    Price

  • Listing provided courtesy of CRMLS

    Coming Soon! Undergoing remodel. 2 Houses on a lot! Live in one, rent the other one out! Great for a large family, or INVESTORS. Each home has its own entrance, light and gas meters, and their own separate garages, yards and driveway, with separate entries. Front house can be rented for $1,550, 4004 Electric San Bernardino. 314 W. 40th St San Bernardino 2nd Unit for $1,500.

  • March, 2018

  • Mar 15, 2018

    Date

    Canceled

    CRMLS: IV16146341

    $282,000

    Price

  • Sep 27, 2017

    Date

    Price Change

    CRMLS: IV16146341

    $282,000

    Price

  • May 27, 2017

    Date

    Withdrawn

    CRMLS: IV16146341

    $289,750

    Price

  • Feb 2, 2017

    Date

    Price Change

    CRMLS: IV16146341

    $289,750

    Price

  • Feb 2, 2017

    Date

    Active

    CRMLS: IV16146341

    $278,000

    Price

  • Oct 12, 2016

    Date

    Withdrawn

    CRMLS: IV16146341

    $278,000

    Price

  • Jul 6, 2016

    Date

    Price Change

    CRMLS: IV16146341

    $278,000

    Price

  • Listing provided courtesy of CRMLS

    2 houses in one lot, each house has a different address and services ( the water meter is for both houses ) Note: both houses are in good condition inside and outside.......the front house HAS a new roof, all windows were replaced with double pane. No central ac. just swamp cooler in each houses All fence around in both house for security. some sections with chain link and wood fence. 4004 Electric Ave.( front house) 2 bedrooms, 1 bath, there is small laundry room. a detached 1 car garage, good size patio. 314 40th St. ( back house ) 2 bedrooms, 1 bath, 2 cars garage good size patio and driveway for 3 cars.

  • December, 2017

  • Dec 16, 2017

    Date

    Expired

    CRMLS: IV17161255

    $287,000

    Price

  • Sep 27, 2017

    Date

    Price Change

    CRMLS: IV17161255

    $287,000

    Price

  • Jul 14, 2017

    Date

    Active

    CRMLS: IV17161255

    $292,000

    Price

  • Listing provided courtesy of CRMLS

    2 houses in a corner lot, lot size 13,050 sf...... 2 bed rooms and 1 Bath each house. Front house has a new roof, 1 car garage front yard and back patio, chain link all around. room space for 4 cars Back House has a 2 cars garage, front patio and a long drive way, space for 4 cars. Wood fence all around. Note: there is 1 water meter for both houses Each house has a different address and entrance Both house have swamp cooler, heater on wall ... no a.c. Note: Both houses were renovated in 2008, New double pain windows, 2 new rooms were added, and the 2 cars garage. Property is located near shopping center, walk to Cardenas food Market, Bank of America, plus other Business.

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Tax History for 4004 Electric Ave

Assessed Value (2021): --
Year Land Value Improved Value Assessed Value
2021 -- -- --

Home Value Compared to the Market

This property vs the competition

4004 Electric Ave sold on April 30, 2019 for 6.25% lower 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 $272.56 per/sqft which puts the price per square foot 25.12% lower than the current median sale per square foot for the city of San Bernardino.

About 4004 Electric Ave

Detailed summary of property

4004 Electric Ave is a multi family that recently sold in San Bernardino, CA 92407. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 1,651 living square feet, and sits on an approximately 13,050 square foot lot. 4004 Electric Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $450,000. 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 6.25% lower than the current median priced home. While the average home in San Bernardino, CA is selling in 48 days, 4004 Electric Ave has a days on market of 126 days. There are currently 399 homes for sale in the San Bernardino real estate market and 355 of them are single family homes while 42 of them are condos and 2 are townhomes. For more information on this home for sale at 4004 Electric Ave San Bernardino, CA 92407 contact Ardent Real Estate Group and we will put you in touch with one of our San Bernardino agents.

Public Facts for 4004 Electric Ave

Public county record property details
Beds
2
Baths
2
Year built
1927
Sq. Ft.
917
Lot Size
13,050
Stories
1
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
--
APN
0154-641-04-0000

The source for these homes facts are from public records.

92407 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$565,000
Median List Price/Sq.Ft.
$360
Median Sold Price
$545,000
Median Sold Price/Sq.Ft.
$354
Total Inventory
111
Median Sale to List Price %
102.83%
Avg Days on Market
39
Loan Type
Conventional (57.5%), FHA (17.5%), VA (10%), Cash (5%), Other (10%)

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Related Resources to 4004 Electric 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.