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480 W 18th St

san bernardino, CA 92405

$799,900

    Interested? Let's Connect

    Rare 5-unit residential-style multifamily compound situated on an expansive approximately 20,000 sq. ft. lot in the heart of San Bernardino. This unique investment property features a charming front Craftsman-style residence offering 4 bedrooms, 2 bathrooms, spacious living and family rooms, dining area, laundry room, bonus/flex room, and a large private side yard with secured gated parking.

    The rear portion of the property consists of four thoughtfully designed single-story 1-bedroom/1-bath units, each with private entry and its own individual yard space, creating a strong residential feel rarely found in traditional multifamily properties. The gated rear parking area offers additional secure parking and can be locked nightly for added tenant privacy and security.

    The property offers approximately 4,249+ sq. ft. of living space (buyer to verify), strong in-place income, and additional upside potential through future rent growth and continued property improvements. Seller has completed upgrades during ownership, including electrical improvements to the front home, and is currently making additional updates prior to market launch.

    Additional features include 5 gas meters, 5 electric meters, approximately 11 parking spaces, select mini-split A/C systems, and flexible tenancy structure providing future operational upside for investors.

    Conveniently located near San Bernardino High School, shopping, dining, medical facilities, and quick access to the 215 Freeway, this property is well-positioned for long-term rental demand and future value-add potential. Buyer to verify all information including square footage, permits, zoning, unit count, legal use, and condition to their satisfaction.

    Details

    4,249 Sq Ft

    0.4591 Private Acres Lot Size

    commercial

    $691 Monthly Tax

    Built in 1940

    MLS/Listing ID IV26112415

    5 Units

    Amenities & Features

    Brick

    Fair Condition

    Privacy

    Wood

    Wrought-iron

    Cooling - Ductless

    Cooling - ENERGY STAR-qualified Equipment

    Construction - Stucco

    Construction - Wood Siding

    Community - Gated

    Style - Patio Home

    Public Water

    Shingle

    Composition

    Cooling - Heat Pump

    Lot - Flat

    Lot - Landscaped

    Lot - Level

    Lot - Near Public Transit

    Lot - Rectangular Lot

    Lot - Street Level

    Lot - Walkstreet

    Inside

    Outside

    Washer Hookup

    Heating - Floor Furnace

    Heating - Heat Pump

    Estimate my mortgage

    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

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