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.

Listing courtesy of Oscar Diaz of Marcus & Millichap

Based on information from the The MLS as of 2026-07-27 05:50 AM UTC. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.