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1479 N Lugo Ave 6 Unité Immeuble d’appartements 1 617 566 $ CAD (269 594 $ CAD/Unité) 6% Taux de capitalisation San Bernardino, CA 92404



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FAITS SAILLANTS DE L'INVESTISSEMENT
- PREMIUM 6.00% RETURN: Lugo offers investors attractive in-place income and growth potential through rent increases.
- STRONG RENTER DEMOGRAPHICS: San Bernardino’s housing stock is approximately 57% renter-occupied and 43% owner-occupied.
- DESIRABLE UNIT MIX: Comprised of six two-bedroom, one-bathroom units averaging 750 square feet.
- CENTRAL SAN BERNARDINO LOCATION: Located near Downtown San Bernardino, Inland Center Mall, San Manuel Stadium, and Glen Helen Regional Park.
RÉSUMÉ DE L'ANNONCE
Marcus & Millichap is pleased to present 1479 N Lugo Avenue, a six-unit apartment property located in the heart of San Bernardino, California. Positioned near the I-215 and I-210 Freeways, the property offers excellent connectivity to Downtown San Bernardino, regional job centers, and local amenities that continue to drive renter demand and long-term investment stability.
The property sits on a 7,750-square-foot lot and features approximately 4,500 square feet of rentable living area. Each of the six units is a two-bedroom, one-bathroom layout averaging 750 square feet, providing residents with spacious interiors and functional designs that appeal to working professionals and small families seeking affordability and comfort.
Priced at $196,583 per unit, 1479 N Lugo Avenue is positioned below the average price per unit of $219,450 for comparable properties currently on the market. This favorable pricing provides investors with an attractive entry point and measurable upside potential.
The property currently generates $9,900 in monthly gross rent and offers additional upside through achievable rent increases and continued management optimization. Residents enjoy close proximity to Downtown San Bernardino, the Inland Center Mall, San Manuel Stadium, and Glen Helen Regional Park, along with convenient access to the Santa Ana River Trail, offering outdoor recreation just minutes from home. This blend of urban accessibility and nearby green space enhances both livability and long-term tenant demand.
With more than half of San Bernardino’s households renter-occupied, strong rental demand and below-average homeownership rates continue to support multifamily stability across the region. 1479 N Lugo Avenue represents a well-maintained, income-producing investment that combines attractive in-place performance, measurable upside, and a location that continues to benefit from the city’s ongoing growth and revitalization.
The property sits on a 7,750-square-foot lot and features approximately 4,500 square feet of rentable living area. Each of the six units is a two-bedroom, one-bathroom layout averaging 750 square feet, providing residents with spacious interiors and functional designs that appeal to working professionals and small families seeking affordability and comfort.
Priced at $196,583 per unit, 1479 N Lugo Avenue is positioned below the average price per unit of $219,450 for comparable properties currently on the market. This favorable pricing provides investors with an attractive entry point and measurable upside potential.
The property currently generates $9,900 in monthly gross rent and offers additional upside through achievable rent increases and continued management optimization. Residents enjoy close proximity to Downtown San Bernardino, the Inland Center Mall, San Manuel Stadium, and Glen Helen Regional Park, along with convenient access to the Santa Ana River Trail, offering outdoor recreation just minutes from home. This blend of urban accessibility and nearby green space enhances both livability and long-term tenant demand.
With more than half of San Bernardino’s households renter-occupied, strong rental demand and below-average homeownership rates continue to support multifamily stability across the region. 1479 N Lugo Avenue represents a well-maintained, income-producing investment that combines attractive in-place performance, measurable upside, and a location that continues to benefit from the city’s ongoing growth and revitalization.
FAITS SUR LA PROPRIÉTÉ
| Prix | 1 617 566 $ CAD | Classe d’immeuble | C |
| Prix par unité | 269 594 $ CAD | Taille du lot | 0,18 AC |
| Type de vente | Investissement | Taille du bâtiment | 8 316 pi² |
| Taux de capitalisation | 6% | Occupation moyenne | 100% |
| Nombre d’unités | 6 | Nombre d’étages | 2 |
| Type de propriété | Immeuble residentiel | Année de construction | 1972 |
| Sous-type de propriété | Appartement | Ratio de stationnement | 0,83/1 000 pi² |
| Style d’appartement | De faible hauteur | Zone de développement économique |
Oui
|
| Zonage | R3, San Bernardino | ||
| Prix | 1 617 566 $ CAD |
| Prix par unité | 269 594 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 6% |
| Nombre d’unités | 6 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,18 AC |
| Taille du bâtiment | 8 316 pi² |
| Occupation moyenne | 100% |
| Nombre d’étages | 2 |
| Année de construction | 1972 |
| Ratio de stationnement | 0,83/1 000 pi² |
| Zone de développement économique |
Oui |
| Zonage | R3, San Bernardino |
COMMODITÉS
COMMODITÉS DES UNITÉS
- Cuisine
- Réfrigérateur
- Four
- Fourchette
- Bain/Douche
COMMODITÉS DU SITE
- Accès 24 heures
- CVCA contrôlé par le locataire
- Sans fumée
- Sans ascenseur
- Détecteur de fumée
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| 2+1 | 6 | - | 750 |
1 1
Impôts fonciers
| Numéro de lot | 0146-172-11 | Évaluation des bâtiments | 742 950 $ CAD |
| Évaluation du terrain | 156 409 $ CAD | Évaluation totale | 899 360 $ CAD |
Impôts fonciers
Numéro de lot
0146-172-11
Évaluation du terrain
156 409 $ CAD
Évaluation des bâtiments
742 950 $ CAD
Évaluation totale
899 360 $ CAD
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1479 N Lugo Ave
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