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480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
480 W 18th St
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Listed by ADAM REIFER CA DRE# 02013465 with COMPASS 951-500-8505
$799,900

480 W 18th St

4,249 Sq.Ft. 0.46 Acres

Description

Rare 5-unit residential-style multifamily compound situated on an expansive approximately 20,000 sq. ft. lot in the heart of San Bernardino. This unique investment property features a charming front Craftsman-style residence offering 4 bedrooms, 2 bathrooms, spacious living and family rooms, dining area, laundry room, bonus/flex room, and a large private side yard with secured gated parking.

The rear portion of the property consists of four thoughtfully designed single-story 1-bedroom/1-bath units, each with private entry and its own individual yard space, creating a strong residential feel rarely found in traditional multifamily properties. The gated rear parking area offers additional secure parking and can be locked nightly for added tenant privacy and security.

The property offers approximately 4,249+ sq. ft. of living space (buyer to verify), strong in-place income, and additional upside potential through future rent growth and continued property improvements. Seller has completed upgrades during ownership, including electrical improvements to the front home, and is currently making additional updates prior to market launch.

Additional features include 5 gas meters, 5 electric meters, approximately 11 parking spaces, select mini-split A/C systems, and flexible tenancy structure providing future operational upside for investors.

Conveniently located near San Bernardino High School, shopping, dining, medical facilities, and quick access to the 215 Freeway, this property is well-positioned for long-term rental demand and future value-add potential. Buyer to verify all information including square footage, permits, zoning, unit count, legal use, and condition to their satisfaction.

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Location

480 W 18th St, San Bernardino, CA 92405

Status

Active Under Contract
Enrique Lizarazu

Enrique Lizarazu

TITLE

Associate-Broker

Property Amenities

Interior
Laundry room Washer Hookup, Inside, Outside
Area & Lot
Total area 4,249 Sq.Ft.
Lot Area 0.46 Acres
Living area 4,249 Sq.Ft.
MLS® ID IV26112415
Year Built 1940
Architecture Styles Patio Home
Type Commercial
Status Active Under Contract
Exterior
Stories 1
Air conditioning Ductless, ENERGY STAR Qualified Equipment, Heat Pump
Heat type Floor Furnace, Heat Pump
Water Source Public
Security Features Carbon Monoxide Detector(s), Gated Community
Lot Features 2-5 Units/Acre, Landscaped, Level, Near Public Transit, Rectangular Lot, Street Level, Walkstreet, Flat
Roof Composition, Shingle
Utilities Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Overhead Utilities
Finance
Sales Price $799,900
Real Estate Tax $8,290 yearly

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Thank you for your interest in 480 W 18th St, San Bernardino, CA 92405. We are reviewing your request and will be in touch shortly!

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