1721 N Fairfax Drive San Bernardino, CA $ 2,990,000
1721 N Fairfax Drive
$ 2,990,000
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1721 N Fairfax Drive

San Bernardino, CA, 92404
$ 2,990,000
Baths1.0 Sq 14,136

Monthly Estimate*

$ 18,654

Listed by LE INVESTMENT GROUP
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Studio

Multi-Family Home for sale in San Bernardino, CA

for $2,990,000 with 1 full bath. This 14,136 square foot home was built in 1963 on a lot size of 0.6543.

The Fairfax Apartments located at 1721 N Fairfax Drive, San Bernardino, CA. 92404, this 16-unit apartment complex, built in 1963, spans 14,136 square feet on a 0.65-acre lot. The property consists of four two-story buildings, each containing four units—two on the ground floor and two on the upper level. Each unit consist of two bedrooms and one bathroom, with an average size of 884 square feet. Recent renovations have modernized the units, enhancing their appeal to tenants while reducing maintenance costs for ownership. The property boasts strong occupancy rates, ensuring stable cash flow and long-term investment potential. Its prime location near educational institutions, healthcare facilities, major shopping centers, and recreational areas further strengthens its desirability, attracting a broad tenant base and contributing to consistent demand and profitability. DRIVE BY ONLY - DO NOT DISTURB TENANTS

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Multi-Family Contingent

Price

$ 2,990,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.6543

Year Built

1963

Town/City

San Bernardino

County/Region

San Bernardino

MLS | Web ID

IV25053103

Days on Market

288

Features
General
Sewer Public Sewer
Garage Spaces 0
Pool Features None
Year Built 1963
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 326400
Community Features Foothills Suburban Valley
County San Bernardino
Net Operating Income 209296
Operating Expense 106448
Insurance Expense 10000
New Construction false
Property Type Residential Income
Garage Y/N false
Special Listing Conditions Standard
Status Active Under Contract
Directions From I-215 take exit 46 for Highland Ave head east turn left on N Fairfax Dr.
City San Bernardino
Entry Location 1
Senior Community Y/N false
Number Of Units Total 16
MLS Area 274 - San Bernardino
Lot Size Units Square Feet
Lot Size Square Feet 28500
Carport Spaces 16
Carport Y/N true
Listing Terms Conventional
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 4812
Fuel Expense 4812
Trash Expense 4812
Water Sewer Expense 4812
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active Under Contract
Year Built Source Public Records
Tax Lot 7
Property Sub Type Additional Apartment
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Interior
Total Stories 2
Common Walls 1 Common Wall
Laundry Features Common Area
Entry Level 1
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Exterior
Parking Features Carport
Lot Features Corner Lot Cul-De-Sac
Water Source Public
Total Parking 16
Lot Size Area 28500
Number of Buildings 4
Building Area Total 14136
Lot Size Acres 0.6543
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 16
Number of Separate Electric Meters 16
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* Excluded Features
List By
Le Investment Group

Broker

darren.correa@leinvestmentgroup.com

Email

Affordability Calculator

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Monthly Principal & Interest
$18,654
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$2,990,000 Listed Price

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1721 N Fairfax Drive, San Bernardino, CA, 92404 is a Multi-Family Home for sale at $2,990,000 with 14,136 sqft and a lot size of 0.6543. 1721 N Fairfax Drive is a studio with 1.0 baths and was built in 1963. The property's zip code is 92404 which is in San Bernardino, CA