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34007321
34007313

221 E 19TH ST, SAN BERNARDINO, CA 92404

SD
CA 02109872
Marcus & Millichap - Inland Empire
OD
CA 02022902
Marcus & Millichap - Inland Empire
EV
CA 02122554
Marcus & Millichap - Inland Empire
Listed by Marcus & Millichap - Inland Empire
$990,000
3 days on market
Updated 3 days ago
Opportunity zone

221 E 19th Street

Details
APN 0146-085-05-0000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,944
Net Rentable (SqFt) 3,944
Units 4
Cap Rate 6.65%
NOI $65,797
Price per SqFt $251
Year Built 1979
Stories 2
Lot Size (SqFt) 7,500
Zoning RU

100% Vacant 4-Unit Townhomes

Marketing description

Marcus & Millichap is pleased to present 221 E 19th Street, a 4 unit multifamily property in San Bernardino offering a rare opportunity for a new owner to immediately lease units at market rents with all four units delivered vacant at close of escrow.

The property consists entirely of two bedroom, two bathroom, two story townhouse style units designed to provide a more residential living experience than traditional apartment product. Each unit features a private backyard patio, central air conditioning, washer and dryer hookups, and dedicated carport parking. The property is separately metered for gas and electricity, helping keep owner utility expenses low.

The townhouse layouts and private outdoor space create strong tenant appeal and provide a competitive advantage compared to many nearby apartment properties. With all units vacant, a new owner has the ability to establish market rents from day one without inheriting below market leases.

Located in San Bernardino, the property offers convenient access to the 215 and 210 freeways along with nearby shopping, schools, and major employment centers throughout the Inland Empire. The ability to immediately establish market rents, combined with reduced owner utility responsibilities, creates an opportunity to increase income from day one while building long term value.

Investment highlights

ALL (4) UNITS DELIVERED 100% VACANT AT CLOSE OF ESCROW: Immediate value-add opportunity with no existing tenant restrictions.

DESIRABLE UNIT MIX CONSISTING ENTIRELY OF (4) TWO BEDROOM / TWO BATHROOM TOWNHOUSE STYLE UNITS: Four spacious 2 Bed / 2 Bath townhouse-style residences.

PRIVATE BACKYARD PATIOS FOR EACH UNIT: Each unit includes its own private outdoor space.

CENTRAL AIR CONDITIONING IN ALL UNITS: All units feature central heating and air conditioning.

SEPARATELY METERED FOR GAS AND ELECTRICITY: Tenants pay their own gas and electricity.

LOCATED NEAR SHOPPING, SCHOOLS, AND MAJOR INLAND EMPIRE EMPLOYMENT

CENTERS: Close to shopping, schools, healthcare, and employment centers.

Listing Contacts

SD
CA 02109872
Marcus & Millichap - Inland Empire
OD
CA 02022902
Marcus & Millichap - Inland Empire
EV
CA 02122554
Marcus & Millichap - Inland Empire
Listed by Marcus & Millichap - Inland Empire

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$65,797.00
$5,483.08/mo

Valuation Metrics

0
DSCR
6.65%
Cap Rate
6.65%
ROI

Map

Zoning

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RU ResidentialTwo FamilyResidential Urban
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Last updated Jun 19, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Sebastian Diaz
License
02109872
Brokerage
Marcus & Millichap
Brokerage Address
3281 East Guasti Road
Name
Oscar Diaz
License
02022902
Brokerage
Marcus & Millichap
Title
Multifamily Specialist
Name
Eugene Vines
License
02122554
Brokerage
Marcus & Millichap
Brokerage Phone
(909) 456-3400
Title
Real Estate Agent
Brokerage Address
3281 East Guasti Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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