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$1,199,000
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Property Description
High-Yield Investment Opportunity - Prime San Bernardino 5 Unit Complex - One of the Highest Returns On The Market. 100% Occupied at
Current Market Rents. Exceptional value-added opportunity in a sought-after San Bernardino. This 5-unit income property offers strong rental
income, Well Above Market Average, excellent tenant retention with Built in Amenities. All units Have Washer and Dryer Connections as well as
Central AC and Heating. Property Highlights: Unit 1 - 2 Bed 2 Bath Unit 2 - 2 Bed 1 Bath Unit 3 - 3 Bed 2 Bath Unit 4 - 2 Bed 1 Bath Unit 5 - 2 Bed 1
Bath. Separate Gas and Electric Meters for each unit, Tenants Pay Water and Trash on a pro rated basis making this property Almost Expense Free.
Ample Parking Plus Two Single Car Garages that may have a potential to be converted to a dwelling to increase income. Investment Advantages:
Prime Location: Situated in a rapidly developing area benefiting from ongoing city improvements, New Starbucks, Carwash, Strip Malls among
other business investing in the immediate area. Strong Demand: Close to shopping, dining, entertainment, and public transportation, ensuring
consistent tenant interest. Well-laid-out units having had significant renovations to ensure this will be a maintenance free Investment for Years.
Tenant Stability: Desirable unit mix and convenient location and built in amenities contribute to long-term occupancy rates. A rare opportunity to
secure a high-performing asset-ideal for investors seeking well above-average returns. All Units Are Occupied at Current Market Rents.
Full Property Details
Full Property Details for 928 N Arrowhead
General
- Price: $1,199,000
- Taxes: $10,250
- Status: Active
- Type: Commercial Multi-Family
- Source: MRMLS
- MLS ID: PW25233765
- Updated: 10/6/2025
- Days on Market: 104 days
- Added to Site: 104 day(s) ago
Interior
- Laundry Facilities: Yes
Rooms
Other Rooms
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Inside, Stackable, Washer Hookup
Location
- County: San Bernardino
- Driving Directions: Baseline Arrowhead
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- # Buildings: 3
- Entry Floor Number: 1
- Stories/Levels: 2
- Building Size: 3160
- Square Feet: 3,160
- Year Built: 1922
- Year Built Source: Assessor
Unit Information
- Occupancy Rate: Occupied
Lot Features
- Lot Size (Acres): 0.2398
- Useable Acres: .2398
- Lot Size (Sq. Ft.): 10,447
- Lot Size Source: Estimated
- Fence: Yes
- Lot Features: 0-1 Unit/Acre
- Lot Description: 0-1 Unit/Acre
- Fencing (Description): Average Condition
Financial Considerations
- Price Per Sq. Ft.: $379
- Tax Amount: $10,250
Disclosures and Reports
- Investment: Yes
- Property ID: 140153350000
Listed by Advantage Investment Propertie, SeanDaugherty
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Schools
Schools serving 928 N Arrowhead
School District:San Bernardino City Unified School District
| Name | Grades | Distance |
|---|---|---|
Captain Leland Norton Elementary School 747 N. Mountain View Ave., San Bernardino, CA 92410 | K-6 | 0.3 mi |
Arrowview Middle School 2299 North G Street, San Bernardino, CA 92405 | 7-8 | 1.5 mi |
Indian Springs High 650 North Del Rosa Drive, San Bernardino, CA 92410 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 928 N Arrowhead
Date
Details
Price
Change
Source
10/06/2025
Listed
$1,199,000
108.52%
MLS
5/20/2024
Sold
$575,000
—
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 928 N Arrowhead
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,688
137%
$586,500
138%
2024
$3,239
3%
$246,370
2%
2023
$3,158
—
$241,539
2%
2022
$3,163
—
$236,803
2%
2021
$3,168
—
$232,160
1%
2020
$3,175
3%
$229,779
2%
2019
$3,082
1%
$225,273
2%
2018
$3,047
3%
$220,856
2%
2017
$2,954
3%
$216,525
2%
2016
$2,865
4%
$212,280
2%
2015
$2,768
3%
$209,092
2%
2014
$2,691
-2%
$204,997
—
2013
$2,739
—
$204,070
—
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 928 N Arrowhead
928 N Arrowhead, San Bernardino, CA 92410 (MLS# PW25233765) is a Commercial Multi-Family property. 928 N Arrowhead is currently listed for $1,199,000 and was received on October 06, 2025. Want to learn more about 928 N Arrowhead? 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.

