$2,990,000
-$110,0001721 N Fairfax Drive, San Bernardino CA 92404
Multi-Family (16 Units)
Property type
452 days
On market
$212
Price per sqft
0 cars
Garage
1963
Year built
28,500 sqft
Lot size
Home highlights
Open Houses
Overview
The Fairfax Apartments located at 1721 N Fairfax Drive, San Bernardino, CA. 92404, this 16-unit apartment complex, built in 1963, spans 14,136 square feet on a 0.65-acre lot. The property consists of four two-story buildings, each containing four units—two on the ground floor and two on the upper level. Each unit consist of two bedrooms and one bathroom, with an average size...
Listing provided by: DARREN CORREA DRE #02066621, LE INVESTMENT GROUP
Listing updated: Mar 4, 2026 at 12:42am.
Last checked: Jun 5, 2026 at 03:00am
Source: CRMLS #IV25053103
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 16 | 2 | 1 | — | $24,400 | $24,400 | $27,200 | Unfurnished |
# of Buildings: 4
# of Units Total: 16
Separate Electric Meters: 16
Separate Gas Meters: 16
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
9.2x
List Price / Annual Gross Rent
Cap Rate
7.0%
NOI / List Price
Gross Scheduled Income: $326,400
Operating Expense: $106,448
Net Operating Income: $209,296
Annual Operating Expenses
Electric: $4,812
Fuel: $4,812
Insurance: $10,000
Professional Management: $12,630
Trash: $4,812
Water / Sewer: $4,812
Interior
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: One Common Wall
Lot Features: Corner Lot, Cul-de-sac
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Carport
Garage Spaces: 0
Carport Spaces: 16
Parking Total: 16
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 0147233070000
Additional Parcels: No
Tax Lot: 7
Tax Block: 52
Community
Senior Community: No
Community Features: Foothills, Suburban, Valley
Nearby Schools
Nearby schools around the 1721 N Fairfax Drive, San Bernardino, CA 92404. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,392,000
Total Interest
$3,050,864
Total Payment
$5,442,864
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$18,384
per month
Property History for 1721 N Fairfax Drive
San Bernardino Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92404.
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