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Millman Team Real Estate

$1,290,000
10 Bed
6 Bath
4,188 Sqft
0.29 Acre Lot

1123 Bobbett Drive, San Bernardino, California 92410

  • Residential Income Property Type
  • 4,188 Sqft Square Footage
  • 1948 Year Built
Property Description

Offered at a 6.40% cap rate and 10.48 GRM, 1123 Bobbett Drive delivers strong in-place cash flow with additional long-term upside. The property consists of approximately 4, 188 rentable square feet on a 12, 622 square foot lot with a unit mix of (4) two-bedroom/one-bathroom units and (2) one-bedroom/one-bathroom units. Most of the units are bungalow style with no shared walls, offering tenants added privacy and helping differentiate the property from traditional apartment layouts. Recent improvements include a newer roof, new electrical breakers in select units, and updated interiors in select units with fresh paint and upgraded finishes. An additional storage area located at the rear of the property provides an opportunity for supplemental rental income, offering investors another potential source of revenue. The property is conveniently located near the 210 and 215 Freeways, providing easy access throughout San Bernardino and the Inland Empire. Tenants also benefit from nearby employment centers, shopping, dining, schools, and everyday services. Combined with its recent improvements, bungalow-style layout, and strong in-place returns, 1123 Bobbett Drive presents an attractive long-term investment opportunity.

Basic Details
Residential Income
For Sale
26863795
$1,290,000
10
6
4,188 Sqft
1948
0.29 Acre
Active
Features
$0
Address Map
CA
San Bernardino
San Bernardino
92410
Bobbett
1123
Drive
W118° 43' 56''
N34° 7' 11.4''
From the I-10 and I-215 freeway junction, take I-215 North to Baseline St. Head east on Baseline St., turn left onto Waterman Ave., then right onto Bobbett Dr. The property will be on your left.
274 - San Bernardino
Additional Information
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$0
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$0
$0
4188
: Multi/Split
137x153
6
2026-07-23
2
Broker/Agent Information
Marcus & Millichap
Oscar Diaz
Listing Information
CLW-C137355
CLW-X7515101
Active
2026-07-31T07:15:56Z
CRMLS
: Standard
2026-07-23T00:00:00Z
Agent info
Ray Millman
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