480 W 18th St, San Bernardino, CA 92405

About this commercial property

Rare 5-unit residential-style multifamily compound situated on an expansive approximately 20,000 sq. ft. lot in the heart of San Bernardino. This unique investment property features a charming front Craftsman-style residence offering 4 bedrooms, 2 bathrooms, spacious living and family rooms, dining area, laundry room, bonus/flex room, and a large private side yard with secured gated parking. The rear portion of the property consists of four thoughtfully designed single-story 1-bedroom/1-bath units, each with private entry and its own individual yard space, creating a strong residential feel rarely found in traditional multifamily properties. The gated rear parking area offers additional secure parking and can be locked nightly for added tenant privacy and security. The property offers approximately 4,249+ sq. ft. of living space (buyer to verify), strong in-place income, and additional upside potential through future rent growth and continued property improvements. Seller has completed upgrades during ownership, including electrical improvements to the front home, and is currently making additional updates prior to market launch. Additional features include 5 gas meters, 5 electric meters, approximately 11 parking spaces, select mini-split A/C systems, and flexible tenancy structure providing future operational upside for investors. Conveniently located near San Bernardino High School, shopping, dining, medical facilities, and quick access to the 215 Freeway, this property is well-positioned for long-term rental demand and future value-add potential. Buyer to verify all information including square footage, permits, zoning, unit count, legal use, and condition to their satisfaction.

Listing description from the August 2026 sale, as reported to CRMLS.

Sale history

$800,000

Sold August 2026 · listed $799,900, on market May 2026, 22 days on market · MLS #IV26112415 · Source: CRMLS

Listing Agent: ADAM REIFER · Listing Office: COMPASS · Contact: 951-500-8505 · Bought with: Prashant Sampat · Pacific Avenue Realty

$585,000

Sold November 2018 · listed $599,000, on market August 2018 · MLS #P0-818005706 · Source: CRMLS

Listing Agent: Norman Kawaguchi · Listing Office: Berkshire Hathaway HomeServices California Properties · Contact: (626) 440-5100 · Bought with: ZUNILDA HASSEY · OC FINANCIAL AND REALTY

$333,000

Sold June 2014 · listed $375,000, on market May 2013, 409 days on market · MLS #AR13094476 · Source: CRMLS

Listing Agent: Hua Wang · Listing Office: IRN Realty · Contact: 626-447-5100 · Bought with: Allison Gelbrich · Century 21 Wright

$288,000

Sold January 2013 · listed $309,900, orig. $365,000, on market August 2012, 132 days on market · MLS #H12106436 · Source: CRMLS

Listing Agent: Jeanne Barbosa · Listing Office: Jeanne Barbosa · Contact: 909-268-3333 · Bought with: Hua Wang · IRN Realty

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