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!
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
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
188 E 11th Street #1-4 Market Data
Based on the last 30 days in this zip code
188 E 11th Street #1-4 History
| Date | Value | Agent |
|---|---|---|
| 6/2/2026Source: CRMLS | June 02, 2026 |
Contact Information: 626-322-2900