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$ 13,800,000
$ 14,200,000 2.8%
Est. payment /mo
Sold on 10/16/2025
345 W 41st Street San Bernardino, CA 92407
3 Beds
3.72 Acres Lot
UPDATED:
Key Details
Sold Price $13,800,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV25115890
Sold Date 10/16/25
Bedrooms 3
Lot Size 3.720 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
We are proud to present Mayfield Park Apartments, an 83-unit multifamily property strategically located in San Bernardino, California. Located at 345 W 41st Street, the property is strategically positioned within the high-demand Inland Empire market, offering investors direct access to a strong working-class demographic and significant rental upside potential. Situated between N Newmark Avenue and Lorraine Drive, the property benefits from excellent access to a wide array of amenities, transportation options, and its close proximity to Cal State University San Bernardino. This offering represents a unique chance to acquire a well-located asset with significant potential in an opportunity-rich Inland Empire submarket. Mayfield Park Apartments, constructed in 1968 and situated on a spacious 3.72-acre lot, is a well-maintained, two-story property encompassing 64,242 square feet. Recent capital improvements, including light interior renovations on turned-over units, position the property for significant value add through continued renovations. The community offers a desirable unit mix of one-bedroom/one-bathroom and two-bedroom/one-bathroom residences. Interior unit amenities include AC and heating, a combination of carpet and tile flooring, fully equipped kitchens, modernized bathrooms, ceiling fans, vertical blinds, and security screen doors. Residents can enjoy a range of exterior amenities, including a convenient laundry facility, a sparkling community pool, a welcoming courtyard, a BBQ pit with outdoor seating, well-maintained mature lush landscaping, and ample covered and
Location
State CA
County San Bernardino
Zoning Assessor
Direction Merge onto I-215 N toward San Bernardino/Barstow, Use the right lane to take exit 45 toward CA-210 E/Highland, Continue onto CA-
Interior
Cooling Wall/Window
Fireplace No
Exterior
Pool Below Ground, Community/Common
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 0271031800000
Acceptable Financing Cash
Listing Terms Cash
Listed by Eric Chen CB RICHARD ELLIS
Bought with Eric Chen CB RICHARD ELLIS
Bought with Eric Chen CB RICHARD ELLIS
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