823 W Orange St, San Bernardino, CA 92410
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823 W Orange St San Bernardino, CA 92410

$950,000
  • 7 Beds
  • 4 Baths
  • 3,200 Sq.Ft.
For Sale
$950,000 Get Pre-Qualified

Map preview of 823 W Orange St, San Bernardino, CA 92410

Property Overview: 823 W Orange St San Bernardino, CA has 7 bedrooms, 4 bathrooms, 3,200 living square feet and 4,100 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: A fantastic 4-unit investment property located in San Bernardino, CA. This beautifully renovated, turnkey property sits on a 4100 square foot lot with gated entry, secure parking, and low foot traffic as it resides at the end of a cul de sac. The property features 4 spacious units and 3,200 square feet of living area in total. The property features two (2) 1 bed 1 bath units, one (1) 2 bed 1 bath, and one (1) 3 bed 1 bath units. All of the units have been recently remodeled and re-rented, with two of the units eligible for immediate rent increases. This property has received over $100K of recent capital improvements including interior remodels, new exterior and interior paint, repaved concrete on the entire property, new landscaping, privacy fence, fixtures and appliances, floors and AC units for every unit. 823 W Orange St offers a strong Day 1 cash flow currently sitting at a 6.45% Cap Rate!

Listed by Jake Glaser | BRE #02128816 | Lyon Stahl Investment Real Estate, Inc.
Last checked: 3 minutes ago | Last updated: May 1st, 2024 | Source CRMLS | DOM: 40
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Home details

Lot Sq. Ft
4,100
HOA Dues
$0/mo
Year built
1948
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24372039
City
San Bernardino
County
San Bernardino
Time on Site
39 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,850
  • Total Rent: $1,850
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,295
  • Total Rent: $2,295
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.45%
  • Gross Rent Multiplier: 10.71
  • Gross Scheduled Income: --
  • Net Operating Income: $61,240
  • Gross Operating Income: $88,740
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 823 W Orange St

Interior Features
Heating Information
  • No Heating
  • None
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Microwave, Refrigerator
Interior Features
  • Levels: Two
  • Security Features: Gated Community
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned, Detached Carport
Property Information
  • Total # of Units: 4
  • Parcel Number: 0140012100000
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Major cross streets are W Base Line St and N E St, nearby downtown San Bernardino.
View more facts & features

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Sale History for 823 W Orange St

Last sold for $565,000 on August 31st, 2020
  • March, 2024

  • Mar 24, 2024

    Date

    Active

    CRMLS: 24372039

    $1,050,000

    Price

  • September, 2020

  • Sep 2, 2020

    Date

    Sold

    CRMLS: CV20128959

    $565,000

    Price

  • Aug 31, 2020

    Date

    Pending

    CRMLS: CV20128959

    $620,000

    Price

  • Jul 27, 2020

    Date

    Active Under Contract

    CRMLS: CV20128959

    $620,000

    Price

  • Jul 3, 2020

    Date

    Active

    CRMLS: CV20128959

    $620,000

    Price

  • Listing provided courtesy of CRMLS

    Look no further !!! This is the perfect turnkey investment property for you. Live in one and rent the others. Beautiful updated 4-units located on a cul-de-sac street near downtown San Bernardino, and freeway. The property offers a great floor plan for all units. There is two 1 bedrooms/ 1 bath one 2 bedroom/ 1 bath and one 3 bedroom 1 bath All the units have their own washer and dryer hook-ups, Electric and gas.

  • August, 2020

  • Aug 31, 2020

    Date

    Sold (Public Records)

    Public Records

    $565,000

    Price

  • April, 2013

  • Apr 5, 2013

    Date

    Sold (Public Records)

    Public Records

    $320,000

    Price

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Tax History for 823 W Orange St

Assessed Value (2020): $360,314
Year Land Value Improved Value Assessed Value
2020 $67,559 $292,755 $360,314

Home Value Compared to the Market

This property vs the competition

823 W Orange St is listed 90.38% 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 $296.88 per/sqft which puts the price per square foot 14.45% lower than the median price per square foot for the city of San Bernardino.

About 823 W Orange St

Detailed summary of property

823 W Orange St is a multi family located in San Bernardino, CA 92410 and is currently for sale. This multi family property offers 7 bedrooms, 4 bathrooms, roughly 3,200 living square feet, and sits on an approximately 4,100 square foot lot. 823 W Orange St was first listed on ArdentRealEstateGroup.com on March 25, 2024. The homeowner is currently asking $950,000 and was originally asking $1,050,000. 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 90.38% higher than the median priced home. Local competing homes currently for sale include 2431 12th St, 8383 Hemlock Ave and 3717 Roosevelt St. While the average home in San Bernardino, CA is selling in 50 days, 823 W Orange St has a days on market of 40 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 823 W Orange 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 823 W Orange St

Public county record property details
Beds
--
Baths
--
Year built
1948
Sq. Ft.
3,200
Lot Size
4,100
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
3
APN
0140-012-10-0000

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
41
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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Related Resources to 823 W Orange 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.