823 West Orange Street

San Bernardino, CA 92410

$1,050,000
Price
8
Beds
4
Baths
3,200 Sq. Ft.
$328 / Sq. Ft.
3,200
Sq. Ft.
$328
per Sq. Ft.

Description

A fantastic 4-unit investment property located in San Bernardino, CA. This beautifully renovated, turnkey property sits on a 4100 square foot lot with gated entry, secure parking, and low foot traffic as it resides at the end of a cul de sac. The property features 4 spacious units and 3,200 square feet of living area in total. The property features two (2) 1 bed 1 bath units, one (1) 2 bed 1 bath, and one (1) 3 bed 1 bath units. All of the units have been recently remodeled and re-rented, with two...A fantastic 4-unit investment property located in San Bernardino, CA. This beautifully renovated, turnkey property sits on a 4100 square foot lot with gated entry, secure parking, and low foot traffic as it resides at the end of a cul de sac. The property features 4 spacious units and 3,200 square feet of living area in total. The property features two (2) 1 bed 1 bath units, one (1) 2 bed 1 bath, and one (1) 3 bed 1 bath units. All of the units have been recently remodeled and re-rented, with two of the units eligible for immediate rent increases. This property has received over $100K of recent capital improvements including interior remodels, new exterior and interior paint, repaved concrete on the entire property, new landscaping, privacy fence, fixtures and appliances, floors and AC units for every unit. 823 W Orange St offers a strong Day 1 cash flow currently sitting at a 5.6% Cap Rate!
  1. Listed by Jake Glaser • DRE #02128816 • Brokerage DRE #01399621 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 823 West Orange Street

Parcel Number
0140012100000
Total Units
4.0
Living Area
3200
Source Living Area
Vendor Enhanced
Area
San Bernardino (274)
Vacancy Rate
0
Lot Size Area
4100
Source Lot Size Area
Vendor Enhanced

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Jake Glaser, DRE #02128816
Add your commute
LISTING UPDATED: 04/04/2024 01:36 PM

Property Details for 823 West Orange Street

StatusActive
MLS #24-372039
Days on Market36
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1948
Lot Size0.09 AC / 4,100 SF
CountySan Bernardino County

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Jake Glaser, DRE #02128816
Add your commute

Building Information for 823 West Orange Street

Stories2Residences-Year Built1948Building Size-Lot Size0.09 AC / 4,100 SF

Payment Calculator

$6,375 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,730

Property Taxes

$645

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 823 West Orange Street

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Residential
  • Security Features: Gated
  • Property Condition: Updated/Remodeled
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $88,740
  • Net Operating Income: $59,990.00
  • Gross Income: $88,740
  • Cap Rate: 5.71%
  • Gross Rent Multiplier: $11.83
  • Owner Pays: Electricity, Gardener, Water
  • Total Annual Expense: 26088
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0941
  • Lot Size Square Feet: 4100
Parking Details
Parking Details
  • Parking Garage: Assigned, Carport Detached
  • Total Parking: 4
  • Parking Features: Assigned, Detached Carport
  • Attached Garage: No
Interior Features
Interior Features
  • Levels: Two
  • Cooling Type: Air Conditioning
  • Heating: None
  • Heating Type: None
  • Equipment: Refrigerator, Microwave, Dishwasher, Dryer, Washer
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Entry Location: Main Level
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-24-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,650.00
  • Unit Actual Rent: $1,650.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,850.00
  • Unit Actual Rent: $1,850.00
  • Unit Projected Rent: $1,850.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,600.00
  • Unit Actual Rent: $1,600.00
  • Unit Projected Rent: $1,650.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,295.00
  • Unit Actual Rent: $2,295.00
  • Unit Projected Rent: $2,300.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $468,180.00
  • Assessed Improvement Percent: 79.65
  • Assessed Land Value: $119,646.00
  • Assessed Land Percent: 20.35
  • Assessed Total Value: $587,826.00

Property History for 823 West Orange Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 823 West Orange Street

Taxable ValueLand$119,646Additions$468,180Total$587,826
Tax Record2023$7,738 ($645 / month)
Home Facts
Total Finished SqFt3,200 SqFtAbove Grade Finished SqFt3,200 SqFtLot Size4,100 SqFtStyleQuadraplexYear Built1948CountySAN BERNARDINOAPN0140-012-10-0000

Schools near 823 West Orange Street

This home is within San Bernardino City Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Public - 4 to 6
Rating
School
Distance
Juanita Blakely Jones Elementary School
PublicK to 6

Arrowview Middle School
Public6 to 8

Indian Springs High
Public9 to 12

Dr. Mildred Dalton Henry Elementary
Public4 to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

823 West Orange Street is a multi-family home for sale in San Bernardino, CA 92410. This property was listed for sale on March 24, 2024 by Lyon Stahl Investment Real Estate, Inc., it's currently listed at $1,050,000. It has been on the market for a total of 36 days and was last sold on July 27, 2020. This listing's school district is San Bernardino City Unified School District. Nearby schools include Juanita Blakely Jones Elementary School, Arrowview Middle School and Indian Springs High. 823 West Orange Street is a 8-bed, 4-bath, 3,200 sqft multi-family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Jake Glaser, DRE #02128816

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.