$450,000
938 E 2nd Street, San Bernardino CA 92408
Multi-Family (Duplex)
Property type
197 days
On market
$373
Price per sqft
0 cars
Garage
1978
Year built
9,400 sqft
Lot size
Home highlights
Open Houses
Overview
Fantastic investment opportunity in San Bernardino! This duplex features two 1-bedroom, 1-bathroom units, spanning a combined 1,206 sqft of living space. Both units offer functional layouts with plenty of natural light, updated flooring, and room for personal touches. Situated on a spacious lot, this property provides ample parking and outdoor space, with potential for future...
Listing provided by: Marlin Dginguerian DRE #01930762, JohnHart Real Estate
Listing updated: Jun 3, 2026 at 09:03pm.
Last checked: Jun 3, 2026 at 09:30pm
Source: CRMLS #GD25263683
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 1 | 1 | — | $1,350 | $1,350 | $0 | Unfurnished |
# of Buildings: 1
# of Units Total: 2
Separate Electric Meters: 2
Separate Gas Meters: 2
Separate Water Meters: 2
Ranges: 2
Rent Control: No
Total Actual Rent: $2,700
Financial Snapshot
Gross Rent Multiplier
13.9x
List Price / Annual Gross Rent
Cap Rate
6.93%
NOI / List Price
Gross Scheduled Income: $32,400
Operating Expense: $1,200
Net Operating Income: $31,200
Annual Operating Expenses
Gardener: $1,200
Insurance: $0
Trash: $0
Interior
Interior Features: Ceiling Fans, Storage, Unfurnished
Room Type: Family Room, Kitchen, Living Room
Flooring: Tile
Cooling: Ductless
Heating: Ductless
Appliances: Free Standing Range, Gas Oven, Gas Range
Fireplace: None
Laundry: Inside
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 1
Levels: One
Common Walls: One Common Wall, No One Above, No One Below
Lot Features: Zero To One Unit Acre, Front Yard
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 0279281470000
Additional Parcels: No
Tax Lot: 9
Community
Senior Community: No
Community Features: Street Lights, Suburban
Nearby Schools
Nearby schools around the 938 E 2nd Street, San Bernardino, CA 92408. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$360,000
Total Interest
$459,160
Total Payment
$819,160
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$2,894
per month
Property History for 938 E 2nd Street
San Bernardino Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92408.
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