734 W Virginia, San Bernardino, CA 92405

San Bernardino
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
734 W Virginia,San Bernardino, CA 92405
$2,399,000
  • - Beds
  • - Baths
  • 9,864 sq. ft.
  • Multi-family
  • Active
Listed by: albert le
Office: le investment group909-256-7889
MLS#:IV26126668
Source:CRMLS

Price summary

  • Price:$2,399,000
  • Price per sq. ft.:$243.21

About this home

Highlights: Current Cap Rate of 5.59% with a 7.99% ProForma Cap Rate. Strong in place return with clear upside through rental increases and improved operations / Current GRM of 11.63 with a 8.62 ProForma GRM / Projected NOI Growth from ~$134K to ~$191K (~43% Increase) Significant income upside driven by repositioning to market rents / Attractive Unit Mix – 100% 2BD/1BA Units (~883 SF Average) Spacious layouts that appeal to working individuals, families, and long-term tenants seeking larger living spaces / Desirable Mix of Single-Story & Townhouse-Style Units. 734 W Virginia Street is an 11-unit apartment property in San Bernardino featuring a mix of four single-story and seven townhouse-style 2-bedroom, 1-bath units averaging approximately 883 square feet. The townhouse units include two-story floorplans with private yards, helping support longer tenancy and lower turnover. Located just south of the 210 Freeway near the San Bernardino foothills, the property offers convenient...

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Home facts

  • Year built:1950
  • Listing ID #:IV26126668
  • Added:132 day(s) ago
  • Updated:September 19, 2026 at 01:24 PM

Rooms and interior

  • Living area:9,864 sq. ft.

Structure and exterior

  • Year built:1950
  • Building area:9,864 sq. ft.
  • Lot area:0.41 Acres
  • Lot Features:Front Yard
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,399,000
  • Price per sq. ft.:$243.21

Features and amenities

  • Laundry features:Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup

Parking

  • Total parking spaces:11
  • Parking description:Controlled Entrance
Based on information from California Regional Multiple Listing Service, Inc. as of October 21, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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