Multifamily Property for Sale in San Bernardino, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: San Bernardino, CA 92404
Description
Marcus & Millichap is pleased to present the exclusive offering of 7032 and 7036 Glasgow Avenue, a pair of well-maintained, contiguous single-story fourplex apartment buildings located in San Bernardino, California. Offered collectively at $1,792,000, this eight-unit assemblage represents a compelling acquisition opportunity for both the first-time multifamily investor seeking a straightforward entry into income property ownership and the seasoned portfolio operator looking to add a low-maintenance, cash-flowing asset in one of Southern California’s most active rental markets. Each of the two buildings at 7032 and 7036 Glasgow Avenue are situated on two 7,600 square foot parcels for a total of 15,200 square foot lot. Comprised entirely of two-bedroom, one-bathroom floor plans, all 720 square feet. Each unit is individually metered for both gas and electricity, and units also have individual hot water heaters. Both roofs were replaced approximately four years ago and carry a 10-year warranty. All windows across both buildings were replaced approximately three years ago. Units have tile and vinyl plank flooring along with wall heaters and window air conditioners. Residents have access to covered carport parking and street parking. There is an on-site laundry room (owned). 7032 and 7036 Glasgow Avenue are recorded as two separate legal parcels, a buyer has the ability to finance each building independently under its own 30-year fixed-rate conventional mortgage or a single commercial loan. Situated in the city of San Bernardino in San Bernardino County, 7032 and 7036 Glasgow Avenue occupy a central position within one of the most economically dynamic submarkets in Southern California. The Inland Empire’s emergence as the logistics capital of the Western United States has generated tens of thousands of stable, well-paying jobs. Amazon, Walmart, Stater Bros., and a dense concentration of third-party logistics operators have established major distribution and fulfillment
Market Context
This multifamily in San Bernardino, CA is listed for sale. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 53 days. Compare it against other multifamily listings for sale in San Bernardino, CA — <a href="/search/sale/multifamily/california/san-bernardino">view the full market</a>.
As of Q1 2026, the Inland Empire multifamily market showed a 4.9% vacancy rate, and rents up 0.5% year over year. Source: CBRE Q1 2026 market report.
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).
Contact
- Douglas McCauley · (626) 695-6776 · doug.mccauley@marcusmillichap.com
- David Covarrubias · (909) 456-7035 · david.covarrubias@marcusmillichap.com
Explore this market
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