About 141 E 42nd Street
A 20-unit multifamily property in North San Bernardino offered at a 6.02% cap rate and 10.77 GRM with immediate upside available in rents. Built in 1976, the property sits on a 22,950 square foot lot with 12,502 rentable square feet and a unit mix of 12 one-bedroom and 8 two-bedroom units. The building has seen meaningful capital improvements in recent years including new windows, a resurfaced parking lot, fresh paint, and a roof replacement. On-site laundry and secured gated parking with 23 spaces. Strong renter demand in the area supports consistent occupancy. The location offers convenient access to the 215 and 10 freeways with nearby retail and major Inland Empire employment centers.
Features of 141 E 42nd Street
| MLS® # | 26671979 |
|---|---|
| Price | $3,795,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Square Footage | 12,502 |
| Acres | 0.53 |
| Year Built | 1976 |
| Type | Residential Income |
| Status | Active |
Community Information
| Address | 141 E 42nd Street |
|---|---|
| Area | 274 - San Bernardino |
| City | San Bernardino |
| County | San Bernardino |
| Zip Code | 92404 |
Amenities
| Parking Spaces | 23 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Additional Information
| Date Listed | March 31st, 2026 |
|---|---|
| Days on Market | 166 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Oscar Diaz |
|---|---|
| Office | Marcus & Millichap |