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2523 Ogden St #1-4, Muscoy, CA, 92407

9beds
5baths
2,952sqft
$1,100,000
$373price/sqft
$7,641/moest. monthly cost
$305,640/yrincome needed

About This Home

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.

Getting Around

14
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

3/10
3/10
4/10
Arroyo Valley High SchoolGrades 9-123.2 mi

Construction

Condition

  • Year built: 1949

Materials

  • Roof: Shingle

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Laundry features: Washer Hookup,Inside,Propane Dryer Hookup

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 5

Features

  • Quartz Counters,All Bedrooms Down
  • Flooring: Tile
  • Fireplace features: None
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric,Wall/Window Unit(s)

Interior Area

  • Total structure area: 2,952
  • Total interior livable area: 2,952 sqft

Property

Accessibility

  • Accessibility features: Parking

Details

  • Parcel number: 0262151170000
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: 1
  • Pool features: None
  • Spa features: None
  • Fencing: Wire
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 0.66 Acres
  • Features: Front Yard,Lawn,Landscaped

Parking

  • Total spaces: 8
  • Parking features: Door-Single,Driveway,Garage,RV Potential,One Space,Uncovered,Unpaved
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Uncovered spaces: 7