Acacia Apartments

Type: Multifamily

1319 Acacia Avenue San Bernardino, CA 92405

Acacia Apartments

Total Number of Units: 22

Year Built: 1987

Sale Price: $4,200,000

Price per Unit: $190,909

Price per Square Foot: $266.80

CAP Rate: 5.37%

GRM: 11.04

Downpayment: $1,680,000

Net Operating Income: $225,677

Rentable Square Feet: 15,742

Lot Size: 0.701

Unit Type

1B1B

2B1B

3B2B

No. of Units

12

9

1

Le Investment Group is proud to present 1319 Acacia Avenue, a 22-unit apartment community in San Bernardino, ideally located near the I-215, I-10, and I-210 freeways on a highly visible 0.70-acre corner lot. The property features a strong unit mix and recent capital improvements, including new roofing, new rooftop HVAC systems, interior renovations to select units, full perimeter gating, and a 44-camera security system. Additional income is generated through onsite laundry, garages, and pet fees. Professional management has driven strong tenant quality, reduced turnover, over $4,600 in monthly rent growth, and approximately $5,000 in additional monthly upside.