Pacific St. Apartments is a turnkey, six unit multifamily investment opportunity in the heart of San Bernardino, positioned within a designated Opportunity Zone that may offer significant federal tax advantages for qualifying investors.
The property has benefited from meaningful recent capital investment, including five fully remodeled units, four of which were completed in 2025 with new flooring, appliances, and fixtures. Each apartment is equipped with HVAC, dual pane windows, and tile or plank flooring. Utilities are investor friendly, with electric and gas individually metered to the tenants while the landlord pays water, sewer, and trash. This, together with the updated interiors and common areas, minimizes near term capital requirements and supports durable cash flow.
1 Car Garage per Unit, 11 additional Parking Spaces
Rents are above market rents for the immediate area
Highlights:
Price per bedroom = $136,486 Price = $1,910,800 Cap Rate = 6.0 GRM = 12
Unit Mix = 4 - 2 Bed / 1 Bath, 2 - 3 Bed, 2 Bath