Properties

San Bernardino, CA 92404 1479 N Lugo Avenue

1479 N Lugo Avenue San Bernardino, CA - Image 11479 N Lugo Avenue San Bernardino, CA - Image 21479 N Lugo Avenue San Bernardino, CA - Image 3
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1479 N Lugo Avenue San Bernardino, CA - Image 41479 N Lugo Avenue San Bernardino, CA - Image 51479 N Lugo Avenue San Bernardino, CA - Image 61479 N Lugo Avenue San Bernardino, CA - Image 71479 N Lugo Avenue San Bernardino, CA - Image 8
Presented By: Oscar Diaz with Marcus & Millichap;
  • MLS# 25612527
  • 10/29/2025
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  • Beds • 12
  • Baths • 6
  • SQFT • 4,500

Home Details

We are pleased to present 1479 N Lugo Avenue, a six-unit apartment property located in the heart of San Bernardino, California. Positioned near the I-215 and I-210 Freeways, the property offers excellent connectivity to Downtown San Bernardino, regional job centers, and local amenities that continue to drive renter demand and long-term investment stability. The property sits on a 7,750-square-foot lot and features approximately 4,500 square feet of rentable living area. Each of the six units is a two-bedroom, one-bathroom layout averaging 750 square feet, providing residents with spacious interiors and functional designs that appeal to working professionals and small families seeking affordability and comfort. Priced at $196,583 per unit, 1479 N Lugo Avenue is positioned below the average price per unit of $219,450 for comparable properties currently on the market. This favorable pricing provides investors with an attractive entry point and measurable upside potential. The property currently generates $9,900 in monthly gross rent and offers additional upside through achievable rent increases and continued management optimization. Residents enjoy close proximity to Downtown San Bernardino, the Inland Center Mall, San Manuel Stadium, and Glen Helen Regional Park, along with convenient access to the Santa Ana River Trail, offering outdoor recreation just minutes from home. This blend of urban accessibility and nearby green space enhances both livability and long-term tenant demand. With more than half of San Bernardino's households renter-occupied, strong rental demand and below-average homeownership rates continue to support multifamily stability across the region. 1479 N Lugo Avenue represents a well-maintained, income-producing investment that combines attractive in-place performance, measurable upside, and a location that continues to benefit from the city's ongoing growth and revitalization.
Presented By: Oscar Diaz with Marcus & Millichap;

Interior Features for 1479 N Lugo Avenue

Bedrooms

Total Bedrooms12

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths6

Other Interior Features

Total Stories2

General for 1479 N Lugo Avenue

Cap Rate6
CitySan Bernardino
CountySan Bernardino
DirectionsTo reach 1479 N Lugo Avenue, San Bernardino from the I-10 and I-215 freeway junction, take I-215 N toward San Bernardino. Exit at Highland Avenue and head east. Turn right onto Lugo Avenue, continue south for about half a mile, and the property will be on your right.
Full Baths
Gross Income118800
HOANo
LevelsTwo
Living Area4500
Lot Size Square Feet7750
Lot Size UnitsSquareFeet
MLS Area274 - San Bernardino
Net Operating Income70785
New ConstructionNo
Number Of Units Total6
PostalCitySAN BERNARDINO
Property TypeResidentialIncome
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Year Built1972

Exterior for 1479 N Lugo Avenue

Building Area Total4500
Lot Size Acres0.1779
Lot Size Area7750
Number of Buildings1
Total Parking6

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,179,500
MLS#25612527
List Date 10/29/2025
Property Type Single Family
Phone 888.795.6274
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