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

33 Units in San Bernardino CBRE, Inc. as the exclusive advisor, is pleased to present this 33-Unit asset located at 2352-2386 LeRoy Street in the city of San Bernardino. El Royale Apartments is situated on North LeRoy Street between East 25th Street and East Highland Drive. The Property is located just south of the 210 and is less than a 4-mile radius from Downtown San Bernardino. Providing a picturesque backdrop to the beautiful San Bernardino Mountains, the Property is nearby a multitude of shops and restaurants, parks, and schools. The area also offers convenient access to San Bernardino City Hall, the San Bernardino Valley College, CSU San Bernardino, Loma Linda University Medical Center, University of Redlands and UC Riverside using the 10, 210 and 215 freeways. Access to local ski resorts and mountain cities is easy using the nearby highways 18 and 330. San Bernardino is home to the Metrolink Commuter Train Depot and the line runs between Downtown Los Angeles east through the San Gabriel Valley and the Inland Empire. The El Royale Apartments is a 2-story, 33-unit property built in 1960. The property is situated on one parcel of land with a total of ±43,549 square feet of land and a total building size of ±24,551 square feet. It features a unit mix of 28, one-bed/one-bathroom and a 5, two-bed/one-bathroom units averaging 743 square feet per unit. It also features controlled gated access, carport parking, a gated swimming pool, on-site laundry facility, rentable storage units, and a mature landscaped courtyard with BBQ grill. Individual units feature wall air conditioning and heating, gas oven/stoves, vertical blinds, high-speed internet and wood vinyl plank flooring or carpeting.* The El Royal Apartments is a prime San Bernardino income-producing property and a great long-term investment. The property is in a desirable area and offers stability for any type of investor, whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange opportunity. *In Select Units

Market Context

This multifamily in San Bernardino, CA is listed for sale. It has been on the market for 148 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).

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