Mayfield Park 345 W 41st St Immeuble residentiel 83 lots 12 291 094 € (148 085 €/Lot) Taux de capitalisation 5,80 % San Bernardino, CA 92407

CBRE, Inc., as an exclusive advisor, is 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 surface parking.
San Bernardino benefits from a dynamic and well-diversified economy, underpinned by significant employment hubs across logistics and transportation (including major distribution centers), manufacturing, construction, the retail industry, a robust healthcare sector, and prominent educational institutions.
The property offers convenient access to the 210, 215, 91, 60 and 10 freeways connecting to Riverside, Orange, and Los Angeles Counties. Neighboring cities include Riverside, Highland, Colton, Redlands, Yucaipa, and Loma Linda. Significant local landmarks within a 20-mile radius include: San Bernardino International Airport, Cal State University San Bernardino, Inland Center Mall, Loma Linda University Medical Center, Yaamava’ Resort & Casino, San Bernardino County Museum and University of Redlands to name a few.
This broad and stable employment base acts as a consistent magnet for a strong and diverse workforce. The resulting influx of professionals and students fuels persistent demand for rental housing throughout San Bernardino and the surrounding Inland Empire, creating a favorable environment for multifamily property investment with the potential for sustained occupancy and rental growth.
Offering immediate income and substantial growth potential, Mayfield Park Apartments in San Bernardino presents a compelling investment opportunity. Currently generating $118,917 in monthly income, the property boasts a favorable 5.80% CAP Rate with a projected 26% upside in rental income, promising a strong return on investment. Whether you’re a first-time buyer entering the market, a seasoned investor expanding your portfolio, or executing a 1031 Exchange, this property provides exceptional stability and long-term value in a high-demand market.