188 E 11th Street #1-4San Bernardino, CA 92410

Multi-Family · 2,922 Sq. ft. | 0.17 Acres
$850,000 Active

188 E 11th Street #1-4 Overview

Time on Site:
27 days
Visits:
0

Exceptional Investment Opportunity in San Bernardino! We present a rare gem in the heart of San Bernardino - a 4-unit multifamily property nestled in a desirable neighborhood dominated by single-family residences. This turnkey investment offers a unique blend of income potential and low maintenance requirements. Key Features: - Strategic Location: Centrally located in San Bernardino, providing easy access to local amenities, transportation hubs, and major thoroughfares. - Diverse Unit Mix: The property boasts a mix of 2-bedroom/2-bathroom and 1-bedroom/1-bathroom units, catering to a wide range of tenants. - In-Unit Amenities: Each unit comes with washer/dryer hookups, enhancing tenant convenience and appeal. - Secure and Private: The property is fully gated, ensuring a safe and private environment for residents. Gated parking in the rear provides added security and convenience. - Low Maintenance: With separate gas and electric meters for each unit, property management is streamlined, and expenses are easily allocated. - Recent Upgrades: Parking spaces have been repainted, maintaining a well-maintained appearance and enhancing curb appeal. Investment Highlights: - Stable Income Potential: With four units and a mix of 1 and 2-bedroom configurations, this property offers a stable source of rental income. - Low Operating Expenses: The property's design and separate utility meters help minimize maintenance and operational costs. - Growth Potential: San Bernardino's growing market presents opportunities for rent growth and increased property value. Don't Miss This Opportunity! This property is a rare find in a desirable location, offering a unique chance to invest in a low-maintenance, income-generating asset. Schedule a viewing today to take advantage of this exceptional investment opportunity!

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188 E 11th Street #1-4 Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,922
  • Price/Sq.ft. $291
  • Lot 0.17 Acres

Details

General

Association/HOA

  • Common Interest: None

Income/Expenses

  • Gardener Expense: 720.0
  • Gross Scheduled Income: 54684.0
  • Insurance Expense: 2500.0
  • Net Operating Income: 38809.0
  • New Taxes Expense: 8155.0
  • Operating Expense: 15875.0
  • Trash Expense: 2200.0
  • Water Sewer Expense: 2300.0

Building Information

  • New Construction: No
  • Year Built: 1963

Location/Region

  • Country: US
  • County Or Parish: San Bernardino
  • MLS Area Major: 274 - San Bernardino
  • Postal City: SAN BERNARDINO

Community/Development

  • Community Features: Curbs,Storm Drain(s),Street Lights,Suburban,Sidewalks

Rent/Lease Information

  • Land Lease: No
  • Tenant Pays: All Utilities

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 0140082150000
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Rent Control: No
  • Senior Community: No
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage: No

Building Interior

  • Building Area Total: 2922.0
  • Building Area Units: Square Feet

General Information

  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Entry Location: 1
  • Laundry Features: Washer Hookup,Gas Dryer Hookup
  • Levels: One
  • Stories: 1
  • Stories Total: 1

Unit Information

  • Unit Number: 1-4

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Acres: 0.1722
  • Lot Size Area: 7500.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7500.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Elevation Units: Feet
  • Water Source: Public

Building Exterior/Construction

  • Property Attached: Yes

General Information

  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Pool Features: None
  • Pool Private: No
  • Sewer: Public Sewer

188 E 11th Street #1-4 Neighborhood

Community

92410 (San Bernardino) Demographics

29
Median Age
5,424
Population Density (per sq. mile)
12%
College Educated
$41,060
Estimated Median Income
5,132
Estimated Total Home Owners
7,529
Estimated Total Renters
41% / 59%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

188 E 11th Street #1-4 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

188 E 11th Street #1-4 Market Data

Based on the last 30 days in this zip code

$458,527
Average List Price
$380
Average Price per Square Foot
9
Properties Sold
120
Average Days on Market
107
Properties for Sale
Calculations provided by Reliance Network

188 E 11th Street #1-4 History

Date Event Value Agent
6/2/2026Source: CRMLS Added to Database
June 02, 2026
Listing provided courtesy of IRN RealtyVince Kwon- MLS# TR26120122MLS ProviderContact Information: 626-322-2900
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