4378 North Sepulveda Ave

San Bernardino, CA

Status:

Sold

Close of Escrow: 07/29/2015

Market Time: 2 Months

Total Number of Units: 15

Year Built: 1963

Sale Price: $1,400,000

Price per Unit: $93,333

Price per Square Foot: $84.13

CAP Rate: 8.33%

GRM: 7.07

Downpayment: $490,000

Net Operating Income: $116,615

Rentable Square Feet: 16,640

Lot Size: 0.41 Acres

Unit Type

2Bdr 1.5Bath

2Bdr 1.5Bath VA Units (4 beds

3Bdr 1.5Bath

3Bdr 1Bath SFR

3Bdr 1.5Bath VA Units (3 Rooms)

4Bdr 1.5Bath

No. of Units

9

2

2

1

1

1

The subject property is a Veteran affairs approved fifteen‐unit apartment community located in the city of San Bernardino. The property possesses an attractive unit mix of eleven 2 bedroom units, three 3 bedroom units, and one 4 bedroom unit.