2523 Ogden Street 1-4
Property Overview
Fully Upgraded 4-Unit Investment Opportunity – Now Offering 8.10% Cap Rate. This exceptional turnkey four-plex offers strong cash flow and extensive recent upgrades, situated on a spacious 28,000+ SF lot in Muscoy, a safe North San Bernardino community with high tenant demand. The property consists of three spacious 2-bedroom/1-bath units and one large 3-bedroom/2-bath unit, all designed with functional layouts and modern open-floor-plan interiors that tenants appreciate. This asset has undergone substantial capital improvements, including new electrical panels, four individual electrical meters, brand-new reroofing, and 13 newly installed split HVAC systems, with A/C units placed in individual rooms for enhanced comfort and efficiency. Durable tile flooring throughout minimizes future maintenance and supports long-term ownership stability. Each unit offers a private front yard and fenced backyard, in-unit washer and dryer hookups, and ample on-site parking, amenities that consistently attract quality tenants. Rental demand is extremely strong; Unit #2 was recently rented within just three days of listing, demonstrating the property’s desirability and ease of leasing. Current rents remain below market levels, providing clear upside potential for future increases. Tenants enjoy the open layouts, private outdoor spaces, and modern HVAC systems, making this a competitive and desirable rental asset. With a newly improved 8.10% cap rate, stabilized occupancy, major system upgrades completed, and a large lot offering long-term value, 2523 Ogden Street presents a rare low-maintenance investment opportunity with immediate income and strong future growth potential.
Home Details
- Property type
- Residential Income - Quadruplex
- Year built
- 1949
- Lot size
- 28,600 sq ft
- Parking
- 8 spaces
- Garage
- 1 spaces
- Stories
- 1
- Days on market
- 96
- MLS status
- Active
Features & Amenities
Interior
- Quartz Counters
- All Bedrooms Down
Parking
- Door Single
- Driveway
- Garage
- Rv Potential
- One Space
- Uncovered
- Unpaved
Pool
- None
Lot
- Front Yard
- Lawn
- Landscaped
Community, Schools & Utilities
Community
- View
- None
Utilities
- Heating
- Electric
- Cooling
- Electric,WallWindowUnits
- Water
- Public
- Sewer
- SepticTypeUnknown
Location & Neighborhood
Frequently Asked Questions About 2523 Ogden Street 1-4
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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