4485 N Sierra Way — Sale in San Bernardino, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: San Bernardino, CA 92407

Photos

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Investment Figures

Cap rate
4.60%

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 4485 N Sierra Way, a 4 unit multifamily property located in North San Bernardino. The property offers a desirable unit mix, strong curb appeal, and townhouse style floor plans that provide a more residential living experience than traditional apartment product. The property consists of three two bedroom, one-and-a-half-bath townhouse style units and one two bedroom, two bathroom unit located above the garages. All units feature central air conditioning and heating, while each unit is served by an attached single car garage with washer and dryer hookups. Additionally, two units benefit from private enclosed patios, creating attractive outdoor living space for residents. The property's townhouse style layouts, attached garage parking, and private outdoor areas create strong tenant appeal and help distinguish the asset from competing multifamily properties in the area. The well maintained appearance and functional floor plans position the property to attract and retain long term residents. Located in North San Bernardino, the property offers convenient access to the 210 and 215 freeways, nearby retail amenities, schools, and major employment centers throughout the Inland Empire. The combination of attractive unit layouts, desirable resident amenities, and strong tenant appeal creates an opportunity for investors seeking stable cash flow and long term value growth. Investment Highlights: • Desirable unit mix consisting of (3) two bedroom / one-and-a-half bath townhouse style units and (1) two bedroom / two bathroom unit • Single-car garage parking for each unit • Washer and dryer hookups • Central air conditioning and heating in all units • Two units feature private enclosed patios

Market Context

This multifamily in San Bernardino, CA is listed for sale. It is offered at an approximate 4.6% 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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