N/A
Bedrooms
Sold for $2,148,000 · May 2019
SOLDListed at $2,200,000
San Bernardino, CA
MLS# CV19028520
DAVID COVARRUBIAS
Listing Agent
MARCUS & MILLICHAP
DRE #: 01941403
Brokerage: MARCUS & MILLICHAP
N/A
Bedrooms
N/A
Bathrooms
12,802 sqft
Square Feet
1985
Year Built
0.3 acres
Lot Size
$168
Price/Sq Ft
0
Garage Spaces
N/A
HOA
Property
Property Type
Villa Park Apartments, a 21-unit value added opportunity located in San Bernardino, California. The building rests on 0.59 acre lot with a total of 3 two-story buildings and provides residents with a quiet living environment and an open residential feel. Built in 1985, with a building size of 12,812 square feet, the property has a unit mix of one and two bedroom floor plans. There are (16) one bedroom/one bathroom units and (5) two bedroom/one bathroom units for a total of 21 units. All units have central air conditioning and heat, electric stoves and are individually metered for electricity. The apartment units are all electric. The central hot water heater is served by gas, which is paid by owner. Thirteen (13) of the twenty one (21) units have been updated with new flooring, countertops and paint. Amenities include: Swimming pool, laundry room with two washer and dryers, covered and open space parking (27 spaces). Villa Park is conveniently located near national retailers, major freeways, employment centers and public transportation. The property is in a submarket that is highly sought after from investors looking for yield, value-add opportunity, and improving market fundamentals
Listing description from the May 2019 sale, as reported to CRMLS.
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2 recorded sales
1483 E Lynwood Drive sold for $2,148,000 in May 2019, 2.4% under its $2,200,000 list price, after 90 days on the market. Across 230 closed sales in 92404 over the last 12 months, the median sold price is $515,000 and the median is $356 per square foot.
| Quarter | Closed sales in 92404 | Median sold price |
|---|---|---|
| Q1 2026 | 21 | $530,000 |
| Q2 2026 | 89 | $515,000 |
| Q3 2026 | 98 | $501,000 |
| Q4 2026 | 22 | $537,500 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in San Bernardino · Homes for sale in 92404
Closed sales reported in 92404, nearest first, last 12 months. All recent sales in San Bernardino →
1483 E Lynwood Drive
Contact DAVID COVARRUBIAS
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Contact Listing Agent
MARCUS & MILLICHAP
DRE #01941403
Contact information is not available for this listing.