2235 Sunrise Lane — Sale in San Bernardino, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: San Bernardino, CA 92404

Photos

2235 Sunrise Lane — Sale in San Bernardino, CA, photo 1 of 3
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Investment Figures

Cap rate
4.73%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present 2235 Sunrise Lane, a four-unit multifamily property located in San Bernardino, California. Offered at $950,000, the property presents an attractive investment opportunity at $237,500 per unit and $265.07 per square foot, with approximately 18.64% rental upside, representing an additional $1,210 in potential monthly rental income as rents are brought closer to market. Built in 1985, the property consists of approximately ±3,584 rentable square feet situated on a ±9,152-square-foot lot. The desirable unit mix features (4) two-bedroom/two-bathroom units, averaging approximately 896 square feet per unit, providing spacious and functional layouts that appeal to a broad tenant base. The property offers flexibility for both investors and buyers looking to owner-occupy, allowing a buyer to operate all four units as an income-producing investment or live in one unit while collecting rental income from the remaining three units, subject to tenant occupancy and applicable requirements. Additional property amenities include eight gated parking spaces at the rear of the building, on-site storage, and a washer and dryer, offering added convenience for residents. Conveniently located in San Bernardino, the property offers access to the 210 and 215 freeways, major employment centers, shopping, and dining throughout the Inland Empire. With its desirable unit mix, owner-occupancy potential, gated parking, and rental upside, 2235 Sunrise Lane presents an attractive long-term investment opportunity. Investment Highlights: • DESIRABLE UNIT MIX: Features (4) 2 Bedroom / 2 Bath units, averaging approximately 896 square feet per unit. • 18.64% RENTAL UPSIDE: Opportunity to increase monthly rental income by approximately $1,210 as rents are brought closer to market. • GATED ON-SITE PARKING: Features 8 parking spaces, including gated parking at the rear of the property. • ON-SITE LAUNDRY & STORAGE: On-site washer and dryer, along with additional stor

Market Context

This multifamily in San Bernardino, CA is listed for sale. It is offered at an approximate 4.7% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in San Bernardino, CA — view the full market.

As of Q1 2026, the Inland Empire multifamily market showed a 4.9% vacancy rate. Source: multiple brokerage reports, Q1 2026.

Tight vacancy keeps competition for quality space elevated.

Multifamily market FAQ

Is the Inland Empire multifamily market tightening or softening?
Vacancy is around 4.9% (Q1 2026).

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  • What is the asking price?
  • What is the current zoning, and does it allow my intended use?
  • How many parking spaces come with the property?

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