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Property Description
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.
Full Property Details
Full Property Details for 480 W 18th St
General
- Price: $799,900
- Taxes: $8,290 (2025)
- Status: Active
- Type: Commercial Multi-Family
- Source: MRMLS
- MLS ID: IV26112415
- Updated: 5/23/2026
- Days on Market: 1 days
- Added to Site: 2 day(s) ago
Interior
- Laundry Facilities: Yes
Rooms
Other Rooms
- Laundry: Inside, Washer Hookup, Outside
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Gated Community
Parking
- Uncovered Spaces: 14
Location
- County: San Bernardino
- Driving Directions: X STREETS: N E St and W 18th St
Heating & Cooling
- Cooling Type: Heat Pump, Ductless, ENERGY STAR Qualified Equipment
- Heating Type: Heat Pump, Floor Furnace
Utilities
- Utility Description: Natural Gas Connected, Phone Available, Sewer Connected, Cable Available, Electricity Connected, Water Connected
Structural Information
- # Buildings: 5
- Construction: Wood Siding, Stucco
- Roof: Composition, Shingle
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 4249
- Square Feet: 4,249
- Current Bldg. Use: Multi-Family
- Year Built: 1940
- Year Built Source: Assessor
Unit Information
- Occupancy Rate: Occupied
Lot Features
- Lot Size (Acres): 0.4591
- Useable Acres: .4591
- Lot Size (Sq. Ft.): 20,000
- Lot Size Source: Assessor
- Fence: Yes
- Topography: FLAT
- Lot Features: Patio Home, Level with Street, Landscaped, Rectangular Lot, Utilities - Overhead, Level, Near Public Transit, 2-5 Units/Acre, Walkstreet, Lot 20000-39999 Sqft
- Lot Description: Patio Home, Level with Street, Landscaped, Rectangular Lot, Utilities - Overhead, Level, Near Public Transit, 2-5 Units/Acre, Walking Street, Lot 20000-39999 Sqft
- Fencing (Description): Wood, Fair Condition, Privacy, Brick, Wrought Iron
Financial Considerations
- Price Per Sq. Ft.: $188
- Operating Expenses: $21,916
- Tax Amount: $8,290
- Tax Year: 2025
Disclosures and Reports
- Investment: Yes
- Property ID: 145061090000
Listed by Compass, ADAMREIFER and EnriqueLizarazu
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Schools
Schools serving 480 W 18th St
School District:San Bernardino City Unified School District
| Name | Grades | Distance |
|---|---|---|
George Brown Jr. Elementary 2525 North G Street, San Bernardino, CA 92405 | K-6 | 0.5 mi |
San Bernardino High School 1850 North E Street, San Bernardino, CA 92405 | 9-12 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 480 W 18th St
Date
Details
Price
Change
Source
5/23/2026
Listed
$799,900
36.74%
MLS
8/31/2018
Sold
$585,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 480 W 18th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,290
2%
$652,579
2%
2024
$8,120
3%
$639,783
2%
2023
$7,918
—
$627,238
2%
2022
$7,938
—
$614,939
2%
2021
$7,959
—
$602,881
1%
2020
$7,986
3%
$596,700
2%
2019
$7,742
60%
$585,000
63%
2018
$4,848
3%
$358,764
2%
2017
$4,699
3%
$351,729
2%
2016
$4,558
1%
$344,832
17%
2015
$4,492
14%
$295,089
2%
2014
$3,926
61%
$289,308
59%
2013
$2,444
—
$182,070
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 480 W 18th St
480 W 18th St, San Bernardino, CA 92405 (MLS# IV26112415) is a Commercial Multi-Family property. 480 W 18th St is currently listed for $799,900 and was received on May 23, 2026. Want to learn more about 480 W 18th St? Do you have questions about finding other Commercial Multi-Family real estate for sale in San Bernardino? You can browse all San Bernardino real estate or contact a Coldwell Banker agent to request more information.

