HIGHLIGHTS: Attractive going in and stabilized returns, featuring a 5.90% current cap rate and a 6.88% pro forma cap rate. (+20% NOI increase through rent growth) / $4,500 in monthly rent increases realized & an additional $4,000+ in monthly upside remaining to be captured through continued market rent adjustments / Extensive capital improvements completed under current ownership, new roofing, all new rooftop HVAC units, 25% of the units have interior updates. / Diversified ancillary income of $13,440 annually from laundry, pet rent, and garage income. / Recently renovated onsite laundry facility, featuring a $25,000 capital investment. Non-renovated units $6,000/unit in targeted updates. / Secure, fully gated community enhanced by a comprehensive 44 camera security system. / Desirable unit mix. / The apartment community located at 1319 Acacia Avenue in San Bernardino, California is ideally positioned between the I-215, I-10, and I-210 freeways, offering excellent regional connectivity. Situated on a 0.70-acre corner lot, the property benefits from strong visibility, convenient access, and onsite parking. The 22-unit community features a highly desirable unit mix consisting of (12) one-bedroom/ one-bath units, (9) two-bedroom/one-bath units, and (1) three-bedroom/two-bath un
MLS #
CRIV26066422
MLS Source
California Regional MLS
Days on Site
3
Laundry
Community Facility
Garage/Parking
Covered Parking, Storage - RV, Garage: 0 Car(s)
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | – |
1319 Acacia is a Residential Income in San Bernardino, CA 92405. This – square foot property sits on a 30,560 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,995,000 and was built in 1987. This address can also be written as 1319 Acacia, San Bernardino, CA 92405.
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This listing information is up-to-date as of March 27, 2026. For the most current information, please contact ALBERT LE, (909) 256-7889