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.