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7032 Glasgow Ave, San Bernardino, CA, 92404

--beds
--baths
5,760sqft
$1,792,000
$311price/sqft
$12,712/moest. monthly cost
$508,480/yrincome needed

About This Home

*** Call or Email for Offering Memorandum *** Pleased to present the exclusive offering of 7032 and 7036 Glasgow Avenue, a pair of well-maintained, contiguous single-story fourplex apartment buildings located in San Bernardino, California. Offered collectively at $1,792,000, this eight-unit assemblage represents a compelling acquisition opportunity for both the first-time multifamily investor seeking a straightforward entry into income property ownership and the seasoned portfolio operator looking to add a low-maintenance, cash-flowing asset in one of Southern California’s most active rental markets. Each of the two buildings at 7032 and 7036 Glasgow Avenue are situated on two 7,600 square foot parcels for a total of 15,200 square foot lot. Comprised entirely of two-bedroom, one-bathroom floor plans, all 720 square feet. Each unit is individually metered for both gas and electricity, and units also have individual hot water heaters. Both roofs were replaced approximately four years ago and carry a 10-year warranty. All windows across both buildings were replaced approximately three years ago. Units have tile and vinyl plank flooring along with wall heaters and window air conditioners. Residents have access to covered carport parking and street parking. There is an on-site laundry room (owned). 7032 and 7036 Glasgow Avenue are recorded as two separate legal parcels, a buyer has the ability to finance each building independently under its own 30-year fixed-rate conventional mortgage or a single commercial loan. Situated in the city of San Bernardino in San Bernardino County, 7032 and 7036 Glasgow Avenue occupy a central position within one of the most economically dynamic submarkets in Southern California. The Inland Empire’s emergence as the logistics capital of the Western United States has generated tens of thousands of stable, well-paying jobs. Amazon, Walmart, Stater Bros., and a dense concentration of third-party logistics operators have established major distribution and fulfillment operations along the I-10 and I-15 corridors, creating sustained demand for workforce housing in communities throughout San Bernardino County. For an investor acquiring income property in this market today, the combination of strong in-place fundamentals and favorable long-term demographic trends creates a compelling case for both current cash flow and long-term appreciation.

Getting Around

41
WalkingCar-Dependent
39
TransitSome Transit
42
BikeSomewhat Bikeable

Schools

5/10
7/10
5/10
Pacific High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1964

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Common Area

Features

  • Common walls with other units/homes: 2+ Common Walls

Interior Area

  • Total structure area: 5,760
  • Total interior livable area: 5,760 sqft

Property

Details

  • Parcel number: 0273132550000
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Drive By
  • Pool features: None

Lot

  • Lot size: 0.35 Acres

Parking

  • Total spaces: 8
  • Parking features: Carport,On Site
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 8
  • Carport: Yes
  • Carport spaces: 7

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate
  • Landslide
    LandslideModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Landslide
Wildfire

FEMA Declared Disasters in San Bernardino County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,061$108,732
Home Insurance *$472$5,664
Property Taxes $1,944$23,328
Electricity $1,235$14,821
Total$12,712$152,544
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$435,840/yr
40% on housing$381,360/yr
45% on housing$338,986/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.4%
10.4%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 2.6%
2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$311This listing

vs Other Active Listings

Avg $/sqft

ZIP 92404$247
San Bernardino County$268

vs Homes Sold Last Month

Median $/sqft

ZIP 92404$373
San Bernardino County$319

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-01Listed for sale$1,792,000
2026-03-19Price change$1,795
2026-02-16Price change$1,750
2025-12-03Listed for rent$1,795
2024-03-30Listing removed--
2024-03-22Listed for rent$1,750
2023-10-04Listing removed--
2023-09-25Price change$1,695
2023-09-21Price change$1,795
2023-09-04Listed for rent$1,700
2022-09-01Listing removed--
2022-08-14Listed for rent$1,595
2021-10-17Listing removed--
2021-10-11Listed for rent$1,395
2021-02-07Listing removed--
2021-01-18Listed for rent$1,295
2020-09-15Listing removed$1,295
2020-09-06Listed for rent$1,295
2013-09-25Sold$252,500
2009-02-27Sold$129,000
2008-12-10Sold$261,000
2005-09-16Sold$500,000
2005-04-21Sold$440,000
2004-12-29Sold$440,000
2004-06-03Sold$320,000

For Sale by Agent

AgentDouglas McCauley
BrokerageMARCUS & MILLICHAP

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