$1,670,000
1505 Sepulveda Avenue, San Bernardino CA 92404
Multi-Family (8 Units)
Property type
7 days
On market
$240
Price per sqft
8 cars
Garage
1965
Year built
16,163 sqft
Lot size
Home highlights
Open Houses
Overview
Prime 8-Unit Income Property in San Bernardino! Investor alert! Rare opportunity to own 8-unit apartment building in a high-demand rental corridor. 7 units fully tenant occupancy 1 vacant unit. Built in 1965, this well-maintained complex features a mix of spacious 1 & 2-bedroom units, private garages, and gated access. Strong rental income & long-term tenants...
Listing provided by: Alondra De Haro DRE #02115489 951-818-1966, Seven Gables Real Estate
Listing updated: Jun 2, 2026 at 11:43pm.
Last checked: Jun 3, 2026 at 12:00am
Source: CRMLS #IG26116625
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 2 | 1 | $1,377 | $1,377 | $1,400 | Unfurnished |
| 1 | 1 | 1 | 1 | $1,067 | $1,067 | $1,200 | Unfurnished |
| 1 | 2 | 2 | 1 | $1,943 | $1,943 | $2,100 | Unfurnished |
| 1 | 1 | 1 | 1 | $1,650 | $1,650 | $1,800 | Unfurnished |
| 1 | 2 | 2 | 1 | $1,476 | $1,476 | $2,100 | Unfurnished |
| 1 | 1 | 1 | 1 | $1,586 | $1,600 | $1,700 | Unfurnished |
| 1 | 2 | 2 | 1 | $2,400 | $2,450 | $2,450 | Unfurnished |
| 1 | 1 | 1 | 1 | $1,199 | $1,199 | $1,650 | Unfurnished |
# of Buildings: 2
# of Units Total: 8
Separate Electric Meters: 0
Separate Gas Meters: 0
Separate Water Meters: 0
Carpet: 8
Ranges: 8
Rent Control: No
Units Leased: 7
Total Actual Rent: $12,748
Tenant Pays: All Utilities
Financial Snapshot
Gross Rent Multiplier
10.9x
List Price / Annual Gross Rent
Cap Rate
0.49%
NOI / List Price
Gross Scheduled Income: $152,976
Operating Expense: $144,796
Net Operating Income: $8,180
Annual Operating Expenses
Cable TV: $0
Electric: $696
Furniture Replacement: $0
Fuel: $0
Insurance: $0
Professional Management: $0
Trash: $3,230
Water / Sewer: $1,164
Interior
Interior Features: Balcony, Multiple Staircases, All Bedrooms Up, All Bedrooms Down
Room Type: Bedroom
Flooring: Carpet, Laminate
Cooling: Central Air, Attic Fan
Heating: Central
Appliances: Electric Range, Gas Range
Fireplace: Great Room
Laundry: Common Area
Accessibility: Safe Emergency Egress From Home
Entry Location: Main
Exterior
Architectural Style: Traditional
Property Attached: Yes
Stories Total: 2
Levels: Two
Roof: Asphalt
Foundation: Slab
Exterior: Barbecue
Common Walls: Two Common Walls Or More, No One Above, No One Below
Lot Features: Zero To One Unit Acre
Pool: None
Spa: None
Fencing: Wood
Water Source: Public
Sewer: Public Sewer
Electric: Standard
Utilities: Cable Available, Cable Connected
View: Neighborhood
Garage and Parking
Parking: None
Garage Spaces: 8
Uncovered Spaces: 4
Parking Total: 12
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 0146143010000
Additional Parcels: No
Tax Lot: 14
Tax Block: 32
Community
Senior Community: No
Community Features: Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 1505 Sepulveda Avenue, San Bernardino, CA 92404. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,336,000
Total Interest
$1,703,994
Total Payment
$3,039,994
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$10,334
per month
Property History for 1505 Sepulveda Avenue
San Bernardino Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92404.
Similar Homes
Listings with similar prices to 1505 Sepulveda Avenue