695 W 17th Street

695 W 17th Street, San Bernardino, CA 92405

Property Information

  • For Sale $700,000
  • Property Type Multi-Family
  • Property Size 2,059 SF
  • Units 3
  • Lot Size 0.15 Acre
  • Parking Spaces Avail. 3
  • Year Built 1952
  • Date Updated May 21, 2026

Description

Located in the heart of the Inland Empire, 695 W 17th Street offers a prime investment opportunity in the sought-after San Bernardino, CA. The area's exceptional multifamily and garden-style market presents a compelling proposition for investors seeking stable, long-term returns. Surrounded by a thriving community, the property boasts proximity to notable nearby attractions, including the San Bernardino National Forest, Glen Helen Regional Park, and California State University, San Bernardino. With a strategic location and access to an array of urban conveniences, this burgeoning neighborhood embodies the ideal environment for multifamily and low-rise/garden investors seeking a promising venture in a dynamic and rapidly growing market.695 W 17th St presents a 3-unit investment opportunity consisting of a detached 2Bd/2Ba house and a separate duplex with two 1Bd/1Ba units. The property generates approximately $5,350 per month in gross rental income, providing immediate cash flow with additional upside potential. The units feature updated interiors, enhancing tenant appeal and supporting stable occupancy. The detached house offers single-family style living, while the duplex units provide efficient, easy-to-lease rental housing, creating diversified income streams on a single parcel. Located in a strong rental pocket of San Bernardino, the property benefits from proximity to major transportation corridors, retail amenities, and local employment centers. An attractive opportunity for investors seeking a stabilized asset with updated units and long-term rental demand.

Highlights

  • Efficient Unit Mix: 1Bd and 2Bd layouts maximize leasing flexibility and absorption.
  • In-Place Cash Flow with Upside: ~$5,350/month current income with clear rent growth potential.
  • Renovated Interiors: Updated units minimize capex and support stable, efficient operations.
  • Single-Family Premium: Detached unit supports higher rents and stronger tenant retention.
  • Stabilized with Upside: Day-one yield with additional NOI growth through rent optimization.
  • Strategic Location: Proximity to major corridors, retail, and employment centers enhances tenant appeal.
  • Strong Rental Demand: Located in a consistent workforce housing market with solid occupancy trends.
  • Triplex Configuration: Detached SFR plus duplex diversifies income and reduces vacancy exposure.

Contacts

Sean Toohey

Greysteel

Location

Located at 695 W 17th Street, San Bernardino, CA 92405, this property is part of the SBHS neighborhood and Inland Empire market.

Contact Listing Broker
Sean Toohey

Greysteel

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