A 20-unit multifamily property in North San Bernardino offered at a 6.02% cap rate and 10.77 GRM with immediate upside available in rents. Built in 1976, the property sits on a 22,950 square foot lot with 12,502 rentable square feet and a unit mix of 12 one-bedroom and 8 two-bedroom units. The building has seen meaningful capital improvements in recent years including new windows, a resurfaced parking lot, fresh paint, and a roof replacement. On-site laundry and secured gated parking with 23 spaces. Strong renter demand in the area supports consistent occupancy. The location offers convenient access to the 215 and 10 freeways with nearby retail and major Inland Empire employment centers.
AGENT: Oscar Diaz LISTING BROKERAGE: Marcus & Millichap
Courtesy of Marcus & Millichap. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 141 E 42nd ST
San Bernardino, CA
Property Details
Price:
$3,795,000
MLS #:
26671979
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Neighborhood:
274sanbernardino
Listed Date:
Mar 31, 2026
Finished Sq Ft:
12,502
Total Sq Ft:
12,502
Lot Size:
22,950 sqft / 0.53 acres (approx)
Year Built:
1976
See this Listing
Schools
Interior
Levels
U
Exterior
Parking Spots
23
Parking Total
23
Financial
Map
Community
- Address141 E 42nd ST San Bernardino CA
- CitySan Bernardino
- CountySan Bernardino
- Zip Code92404
