2169 Sunrise Lane, San Bernardino, California 92404, San Bernardino, 92404 - bed, bath

2169 Sunrise Lane, San Bernardino, California 92404 home-pic-0
ACTIVE$1,200,000
2169 Sunrise Lane, San Bernardino, California 92404
0Bed
0Bath
4,260Sqft
9,761Lot
Year Built
1963
Close
-
List price
$1.2M
Original List price
$1.25M
Price/Sqft
$282
HOA
-
Days on market
-
Sold On
-
MLS number
IG25255003
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.20M(86th), sqft - 4260(86th), beds - undefined(50th), baths - undefined(50th).

Welcome to a rare investment opportunity at 2169 Sunrise Lane in San Bernardino, California. This spacious quadruplex features four separate units, each offering three bedrooms and two bathrooms, designed for strong rental potential and long-term value. Two units are currently rented, one is vacant, and one is in the process of renovation, giving you flexibility to finish upgrades at your own pace while maintaining some income. Each unit is being updated with modern finishes to increase rental value and attract quality tenants. With all four units offering similar layouts, this property is easy to manage and provides a balanced investment opportunity whether you are a first-time multi-unit buyer or an experienced investor. The lot spans nearly 10,000 square feet, providing generous outdoor space and parking options for tenants. Located in the desirable San Gorgonio neighborhood of San Bernardino, this property sits near schools, parks, and major commuter routes. Nearby you’ll find Emmerton Elementary School, Perris Hill Park, and convenient access to the 210 Freeway, making it an ideal location for tenants who work locally or commute to nearby cities. Residents also enjoy proximity to shopping centers, restaurants, and recreation spots like Arrowhead Country Club and Blair Park, which help drive steady rental demand in the area. The surrounding community continues to see growth and revitalization, creating significant upside potential for investors. With two of the units nearing completion on their updates, buyers have an opportunity to increase cash flow immediately after purchase while adding value through the remaining renovations. This property can be financed using FHA or VA loans with some limitations. FHA financing allows for up to four units under one roof, provided the buyer occupies one of the units as a primary residence. VA loans also permit multi-unit properties under similar terms for qualified veterans. Because two of the units are still under renovation, buyers should confirm completion timelines and occupancy requirements with their lender to ensure loan eligibility. Whether you are looking for a multi-unit property to live in while generating rental income or seeking a high-potential addition to your portfolio, 2169 Sunrise Lane represents a solid investment in an area with growing rental demand. Don’t miss the chance to own a well-positioned asset with strong returns and long-term appreciation potential.

Price History

Date
Event
Price
12/12/25
Price Change
$1,200,000-4.0%
11/06/25
Listing
$1,250,000
01/21/09
Sold
$150,000
11/07/05
Sold
$604,000
06/23/04
Sold
$450,000
10/08/03
Sold
$320,000
09/18/02
Sold
$246,000
Condition Rating
Fair

Built in 1963, this quadruplex is undergoing renovations, with two units 'nearing completion' and one 'in the process of renovation.' While the visible kitchen features updated white cabinets, dark countertops, and black appliances, other elements like the ceramic tile flooring, ceiling fans, and vertical blinds appear dated. The exterior also shows its age, and loose wiring in one room indicates incomplete work. The property requires further updates and completion of ongoing renovations to reach a 'good' condition, but it is functional and actively being improved, preventing a 'poor' rating.
Pros & Cons

Pros

Multi-Unit Configuration & Rental Potential: This quadruplex features four separate units, each with a desirable 3-bedroom, 2-bathroom layout, offering strong rental potential and broad appeal to tenants.
Value-Add Opportunity & Immediate Income: Two units are currently rented, providing immediate cash flow, while two are undergoing renovation or are vacant, allowing a buyer to complete updates and significantly increase rental value and cash flow.
Desirable Location & Accessibility: Located in the desirable San Gorgonio neighborhood, the property is close to schools, parks, major commuter routes (210 Freeway), shopping, and recreation, ensuring high tenant demand.
Generous Lot Size & Parking: The nearly 10,000 square foot lot provides ample outdoor space and crucial off-street parking options for tenants, enhancing property appeal and functionality.
Financing Options & Market Growth: The property is eligible for FHA/VA loans (with owner-occupancy), broadening the buyer pool, and is situated in a community experiencing growth and revitalization, indicating strong long-term appreciation potential.

Cons

Incomplete Renovations: Two units are still under renovation, requiring additional buyer investment in time, capital, and project management to bring them to full rental potential and market readiness.
Immediate Vacancy & Income Loss: One unit is currently vacant, resulting in immediate lost rental income and requiring effort to prepare and lease, which will impact initial cash flow projections.
Financing Contingencies: FHA/VA loan eligibility is contingent on renovation completion timelines and occupancy requirements, potentially leading to financing delays or complications if not carefully managed with lenders.

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