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8177 Marilyn St, San Bernardino, CA 92410
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8177 Marilyn St San Bernardino, CA 92410

$825,000 Sold Price as of 10/07/2022
  • 9 Beds
  • 5.75 Baths
  • 3,753 Sq.Ft.
Sold
$825,000 Sold Price as of 10/07/2022 Refinance Your Mortgage
Map preview of 8177 Marilyn St, San Bernardino, CA 92410

Property Overview: 8177 Marilyn St San Bernardino, CA has 9 bedrooms, 5.75 bathrooms, 3,753 living square feet and 17,050 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is 5 units with a big lot and all individual units with their own yards. Three individual addresses are on Marilyn St and two are on Court St. 5 units use the address of bigger unit 8177 Marilyn St: Unit A - 3br/ 2bath - Rent $1335 - Market rent is $1800 - Added new bathroom, new plumbing and water heater in last 2 years. Unit B - 2br/1 bath - Rent $1012 - Market rent is $1300 - Moved and added water heater, kitchen and bathroom in last 2 years. Unit C - 2br/1 bath - Rent $912 - Market rent is $1300 - New flooring, plumbing and kitchen update in last two years. Unit D - 1br/1 bath - Rent $924 - Market rent is $1050 - New kitchen hood, laundry area plumbing in last two years. Unit E - 1br/ 1 bath - Rent $924 - Market rent is $1050 - New laundry area update, plumbing in last two years. All the tenants have been on the property for 5 to 15 years. They always pay on time. Insurance is 5 individual policies @ $3000 per year. Landlord pays for water and trash. Water and sewer are $180/mo average and trash is $285/mo average. One of the tenants collects all rent and deposits in the bank on the 1st every month.

Listed by Ken Shah | BRE #01959110 | Trident Real Estate
Last checked: 3 minutes ago | Last updated: October 18th, 2022 | Source CRMLS | DOM: 100

Home details

Lot Sq. Ft
17,050
HOA Dues
$0/mo
Year built
1912
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
IG22095834
City
San Bernardino
County
San Bernardino
Time on Site
741 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 5
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $924
  • Total Rent: $924
  • Pro Forma/Market Rent: $1,050
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,335
  • Total Rent: $1,335
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,012
  • Total Rent: $1,012
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $912
  • Total Rent: $912
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $924
  • Total Rent: $924
  • Pro Forma/Market Rent: $1,050
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $61,284
  • Net Operating Income: $49,700
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $8,580
  • Trash: $3,420
  • Insurance: $3,000
  • Professional Management: $3,000
  • Water/Sewer: $2,160

Property Details for 8177 Marilyn St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Inside
Room Information
  • Flooring: Tile
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Gas Range, Water Heater
Interior Features
  • Levels: One
  • Window Features: Wood Frames
Exterior Features
Exterior Information
  • Roof: Shingle
  • Lighting
  • Has Fence
  • Chain Link
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 5
  • Parcel Number: 0279173010000
  • Year Built Source: Assessor
  • Architectural Style: Modern
  • Foundation Details: Concrete Perimeter, Raised, Slab
  • Property is not Attached
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: Tippecanoe to 3rd Ave
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local San Bernardino Agent

Sale History for 8177 Marilyn St

Last sold for $825,000 on October 7th, 2022

  • October, 2022

  • Oct 7, 2022

    Date

    Sold

    CRMLS: IG22095834

    $825,000

    Price

  • May 9, 2022

    Date

    Active

    CRMLS: IG22095834

    $920,000

    Price

  • March, 2018

  • Mar 30, 2018

    Date

    Sold

    CRMLS: IV17247240

    $485,000

    Price

  • Dec 13, 2017

    Date

    Pending

    CRMLS: IV17247240

    $500,000

    Price

  • Oct 31, 2017

    Date

    Active

    CRMLS: IV17247240

    $500,000

    Price

  • Listing provided courtesy of CRMLS

    Highlights; Actual CAP Rate of 6.63 % With a Pro Forma CAP Rate of 7.15 %, Competitive Offering GRM of 9.42 With a ProForma GRM of 8.96, Non-Rent Control Community & Area, With Long Term Tenants, Great Onsite Manager Preforms All Management Duties for $100 a Month, 5-7% Upside in Potential Rental Income per Rental Survey, The Apartment is 100 % Occupied & Rental Comparables Illustrate a 100 % Occupancy Area, Major Distribution Area With Large Regional Employers Such as; Stater Bros, Pep Boys, & Mattell Inc., Cottage Style, SFR Units With No Common WallsThis multifamily asset is composed of 5 single story cottage style homes sharing one lot. The property features 2 one bedroom / one bathroom units, 2 two bedroom / one bathroom units and 1 three bedroom / two bathroom single family residence. All units are currently rented with long term tenants. The property is situated on a corner lot which totals 0.39 acres. The tenants are provided ample onsite parking, RV parking, storage, in suite laundry hookups and private fenced yards. The city of San Bernardino has been among the most vibrant in recovery from the recession. Increased occupancy & stabilization have led to an Increase in values & rents. The Property is a turn key asset located in a 95 % occupancy area with strong running financials.

  • March, 2018

  • Mar 30, 2018

    Date

    Sold (Public Records)

    Public Records

    $455,000

    Price

Show More

Tax History for 8177 Marilyn St

Assessed Value (2020): $473,382
Year Land Value Improved Value Assessed Value
2020 $88,434 $384,948 $473,382

Home Value Compared to the Market

This property vs the competition

8177 Marilyn St sold on October 7, 2022 for 71.88% higher 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 $219.82 per/sqft which puts the price per square foot 39.61% lower than the current median sale per square foot for the city of San Bernardino.

About 8177 Marilyn St

Detailed summary of property

8177 Marilyn St is a fourplex that recently sold in San Bernardino, CA 92410. This fourplex offered 9 bedrooms, 5.75 bathrooms, roughly 3,753 living square feet, and sits on an approximately 17,050 square foot lot. 8177 Marilyn St was first listed on ArdentRealEstateGroup.com on May 10, 2022. The homeowner sold the property for $825,000. 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 71.88% higher than the current median priced home. Local homes that are currently for sale include 3728 Briscoe St, 8383 Hemlock Ave and 7421 Mount Vernon St. While the average home in San Bernardino, CA is selling in 48 days, 8177 Marilyn St has a days on market of 100 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 8177 Marilyn St San Bernardino, CA 92410 contact Ardent Real Estate Group and we will put you in touch with one of our San Bernardino agents.

Public Facts for 8177 Marilyn St

Public county record property details
Beds
3
Baths
1
Year built
1912
Sq. Ft.
1,365
Lot Size
17,050
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
San Bernardino
Lot#
63
APN
0279-173-01-0000

The source for these homes facts are from public records.

92410 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$449,000
Median List Price/Sq.Ft.
$356
Median Sold Price
$440,000
Median Sold Price/Sq.Ft.
$365
Total Inventory
44
Median Sale to List Price %
103.65%
Avg Days on Market
57
Loan Type
Conventional (50%), FHA (37.5%), VA (0%), Cash (0%), Other (0%)

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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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