Doug Smith - Coldwell Banker Sky Ridge Realty Logo
$1,290,000
 $8,582 est/mo Sourced by Back At You

1123 Bobbett Drive,San Bernardino, CA 92410

San Bernardino, CA 92410

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Description

Offered at a 6.40% cap rate and 10.48 GRM, 1123 Bobbett Drive delivers strong in-place cash flow with additional long-term upside. The property consists of approximately 4,188 rentable square feet on a 12,622 square foot lot with a unit mix of (4) two-bedroom/one-bathroom units and (2) one-bedroom/one-bathroom units. Most of the units are bungalow style with no shared walls, offering tenants added privacy and helping differentiate the property from traditional apartment layouts. Recent improvements include a newer roof, new electrical breakers in select units, and updated interiors in select units with fresh paint and upgraded finishes. An additional storage area located at the rear of the property provides an opportunity for supplemental rental income, offering investors another potential source of revenue. The property is conveniently located near the 210 and 215 Freeways, providing easy access throughout San Bernardino and the Inland Empire. Tenants also benefit from nearby employment centers, shopping, dining, schools, and everyday services. Combined with its recent improvements, bungalow-style layout, and strong in-place returns, 1123 Bobbett Drive presents an attractive long-term investment opportunity.

Details

MLS26863795
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1948
Days On Site67
Listing Provided ByMarcus & Millichap | Oscar Diaz

Features

Bed(s)10
Bath(s)6
SQ Feet4,188
Story(s)2
Units6
Building(s)5
Acreage0.29

Area Information

StateCA
CountySan Bernardino
CitySan Bernardino
Zip Code92410
Area274 San Bernardino
Listing VS Median (in 92410)
Price:
$1,290,000
low | high
Med:
$465,000
100% of Average
sqft:
4,188
low | high
Med:
1,325
100% of Average
$ / sqft:
$308
low | high
Med:
$351
36.065818341378% of Average
On site:
67
low | high
Med:
48
100% of Average
Sourced by Back At You

Market Activity 92410

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Learn More About This Property

Doug Smith

Doug Smith

Coldwell Banker Sky Ridge Realty

02068114Realtor DRE# 02068114 (760) 831-7556mattanddougbigbear@gmail.com
StateCA
CountySan Bernardino
CitySan Bernardino
Zip Code92410
Area274 San Bernardino
Listing VS Median (in 92410)
Price:
$1,290,000
low | high
Med:
$465,000
100% of Average
sqft:
4,188
low | high
Med:
1,325
100% of Average
$ / sqft:
$308
low | high
Med:
$351
36.065818341378% of Average
On site:
67
low | high
Med:
48
100% of Average
Sourced by Back At You
Listing Updated: July 23, 2026 at 7:15:17 PM PDT

Doug Smith - Coldwell Banker Sky Ridge Realty