492 W 23Rd St, San Bernardino, CA 92405
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492 W 23Rd St San Bernardino, CA 92405

$975,000
  • 6 Beds
  • 6 Baths
  • 3,472 Sq.Ft.
For Sale
$975,000 Get Pre-Qualified

Map preview of 492 W 23Rd St, San Bernardino, CA 92405

Property Overview: 492 W 23Rd St San Bernardino, CA has 6 bedrooms, 6 bathrooms, 3,472 living square feet and 7,500 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: GREAT LOCATION, NICE RESIDENTIAL NEIGHBORHOOD. WALKING DISTANCE TO ELIOT ELEMENTARY SCHOOL. THIS APARTMENT BUILDING IS EASY TO MANAGE AND EASY TO RENT WITH GOOD RENTAL INCOME! TOTAL OF 6 UNITS, ALL 1 BEDROOM/1 BATHROOM. THERE ARE 3 UNITS ON GROUND FLOOR AND 3 UNITS ON 2ND FLOOR. THERE IS A LARGE PARKING LOT IN THE BACK OF THE LOT WITH COVERED CARPORT SPACES. FRONT YARD AREA AND PARKING AREA HAS BRAND NEW INSTALLED FENCE AND SLIDING GATE. MANY TENANTS HAVE BEEN LONG-TERM TENANTS PAYING BELOW MARKET RENT, HENCE, GREAT UPSIDE POTENTIAL IN RENTAL INCOME FOR INVESTOR.

Listed by Arthur Tsai | BRE #01493604 | Prime Realty
Last checked: 3 minutes ago | Last updated: May 3rd, 2024 | Source CRMLS | DOM: 71
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Call/Text (714) 706-1823

Home details

Lot Sq. Ft
7,500
HOA Dues
$0/mo
Year built
1978
Garage
--
Property Type:
Apartment
Status
Active
MLS#
TR24031916
City
San Bernardino
County
San Bernardino
Time on Site
93 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 6
  • Total # of Buildings: 1
  • # of Electric Meters: 6
  • # of Gas Meters: 0
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 6
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $83,000
  • Total Rent: $83,000
  • Pro Forma/Market Rent: $58,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $90,000
  • Net Operating Income: $63,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $27,000
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

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Property Details for 492 W 23Rd St

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lot 6500-9999
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 6
  • Parcel Number: 0149211240000
  • Year Built Source: Assessor
  • Entry Level: 2
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: North of Highland Ave and next to "E" Street
Neighborhood Information
  • Community Features: Foothills
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Sale History for 492 W 23Rd St

Last sold for $300,000 on September 1st, 2011
  • February, 2024

  • Feb 14, 2024

    Date

    Active

    CRMLS: TR24031916

    $975,000

    Price

  • September, 2011

  • Sep 1, 2011

    Date

    Sold (Public Records)

    Public Records

    $300,000

    Price

  • September, 1999

  • Sep 30, 1999

    Date

    Sold (Public Records)

    Public Records

    $138,000

    Price

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Tax History for 492 W 23Rd St

Assessed Value (2020): $344,550
Year Land Value Improved Value Assessed Value
2020 $34,455 $310,095 $344,550

Home Value Compared to the Market

This property vs the competition

492 W 23Rd St is listed 95.39% higher than the median list price for the city of San Bernardino which has a median list price of $499,000. The median price per/sqft for San Bernardino is $347 and this home is listed at $280.82 per/sqft which puts the price per square foot 19.07% lower than the median price per square foot for the city of San Bernardino.

About 492 W 23Rd St

Detailed summary of property

492 W 23Rd St is a apartment located in San Bernardino, CA 92405 and is currently for sale. This apartment offers 6 bedrooms, 6 bathrooms, roughly 3,472 living square feet, and sits on an approximately 7,500 square foot lot. 492 W 23Rd St was first listed on ArdentRealEstateGroup.com on February 14, 2024. The homeowner is currently asking $975,000. The median priced home in San Bernardino is $499,000 with a median price per square foot of $347. Based on Ardent Real Estate Group's San Bernardino Market Data, this home is listed 95.39% higher than the median priced home. Local competing homes currently for sale include 3856 Pontiac Ave, 8383 Hemlock Ave and 14172 Arrow Blvd. While the average home in San Bernardino, CA is selling in 50 days, 492 W 23Rd St 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 492 W 23Rd 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 492 W 23Rd St

Public county record property details
Beds
--
Baths
--
Year built
1978
Sq. Ft.
3,472
Lot Size
7,500
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
San Bernardino
Lot#
2
APN
0149-211-24-0000

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
$469,000
Median List Price/Sq.Ft.
$353
Median Sold Price
$441,000
Median Sold Price/Sq.Ft.
$449
Total Inventory
72
Median Sale to List Price %
105.03%
Avg Days on Market
27
Loan Type
Conventional (9.09%), FHA (54.55%), VA (9.09%), Cash (18.18%), Other (9.09%)

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Related Resources to 492 W 23Rd St

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.