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About this home
Four two-bedroom units. Three townhouse-style floor plans. Attached garage parking. Private outdoor space. 4485 N Sierra Way presents a rare opportunity to acquire a well-located four-unit multifamily property in North San Bernardino featuring a highly desirable unit mix and resident-oriented floor plans. The property consists of three two-bedroom, two-bathroom townhouse-style units and one two-bedroom, one-bathroom unit located above the garages. Unlike many traditional apartment properties, the townhouse-style units provide a more residential living experience with greater privacy and separation between living spaces. Each unit is equipped with central air conditioning and heating and is served by an attached single-car garage with washer and dryer hookups. Two of the units also feature private enclosed patios, providing valuable outdoor living space for residents. The combination of townhouse-style layouts, garage parking, and private outdoor areas helps distinguish the property from competing multifamily assets in the market and contributes to strong tenant appeal. The functional floor plans and attractive curb appeal position the property to attract and retain long-term residents. Conveniently located near the 210 and 215 freeways, the property offers easy access to major employment centers, retail amenities, schools, and transportation corridors throughout the Inland Empire. For investors seeking stable cash flow, durable tenant demand, and long-term upside, 4485 N Sierra Way offers an attractive investment opportunity.
Multi-familyProperty Type
1978Year Built
5,850 sq ftLot Size
$250Price/Sq.Ft.
4 spacesParking
Listed by Oscar Diaz•DRE #02022902• Marcus & Millichap
Wildwood Park, located between the San Bernardino Mountains and the Santa Ana River, is a residential and hillside San Bernardino neighborhood with winding streets and canyon-edge views. The neighborhood’s character concentrates around the Wildwood Park trailhead area, where dirt paths, shade trees, and weekend foot traffic set the tempo. Housing leans toward mid-century ranch homes and later hillside builds, often with larger lots and mature landscaping. The setting feels outdoors-first, with trail networks and open space shaping daily routines. Nearby cultural pillars such as the San Bernardino County Museum, the Robert and Frances Fullerton Museum of Art, and the California Theatre of the Performing Arts add a city-scale arts layer beyond the foothills.
Provided by Walk Score and Local Logic
Offer insights
4485 N Sierra Way · $990,000
$994K and above
75% chance or better to win
Why $994K+ is a strong offer
DAYS ON MARKET
29 days
The average home goes pending in 63 days.
SALE-TO-LIST
98.5%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Bedroom
Interior features
Residential income property with multiple units
Multi-level building (2 total floors)
Bedrooms
Four 2‑bedroom units (one 2‑bed/2‑bath unit; three 2‑bed/1.5‑bath units)
Bathrooms
Three units with 1.5 baths
One unit with 2 baths
Kitchen
No specific appliances listed
Laundry & utility
No specific laundry or utility appliances listed
Flooring
No flooring information provided
Heating & cooling
Other heat
Other cooling
Exterior features
Other exterior structures on the lot
Lot acreage approximately 0.1343 acres
Home design
Townhouse-style units
Multi-level (2 floors)
Parking
Attached garage
Total of 4 parking spaces
Security
No security features listed
Construction
No construction material, roof, foundation, or year built provided
Utilities
No water, sewer, or power specifics provided
HOA & community
Four units in the complex
Financial info
Gross operating income reported at $74,880
Net operating income reported at $45,516
Total annual expenses reported at $27,118
Gross rent multiplier 13.22
Unit rents (actual): $1,700; $1,440; $1,380; $1,720
Projected rent shown as $2,000 for each unit
Scheduled/actual rent status: Actual
Other
Property listed as Residential Income
Directions: From the 210 Freeway, exit Waterman Ave and head north. Turn left on E 40th St. Turn right on N Sierra Way. Arrive at 4485 N Sierra Way.
Electricity and solar
View estimated energy costs and solar savings for this home
Great Opportunity, this Quadruplex building features 3 units townhouse style 2beds 2baths, 1 unit above garage 2 beds 1bath, All unit have Central AC/ Heating, Each unit has a single car garage attached to building with washer/dryer hookups, most of them are updated, 2 units have own enclosed patio, great passive income.
Public Records
May 22, 2018
Sold
$525,000
$133/sq ft
CRMLS #H11016767
Mar 3, 2011
Sold
$198,000
$50/sq ft
Feb 15, 2011
Pending
—
Feb 8, 2011
Listed
$199,900
$50/sq ft
4 PLEX IN NORTH SAN BERNARDINO. NEEDS SOME TLC. 2 UNITS OCCUPIED. SELLER CANNOT GUARANTEE CONDITION OF INTERIOR OF OCCUPIED UNITS. GREAT INVESTMENT OPPORTUNITY.
CRMLS #P534633
Sep 26, 2006
Sold
$624,000
$158/sq ft
Aug 29, 2006
Listed
$629,000
$159/sq ft
CRMLS #E603449
Sep 27, 2006
Sold
$624,000
$158/sq ft
Aug 22, 2006
Listed
$629,000
$159/sq ft
CRMLS #P490415
Mar 21, 2006
Listing Removed
—
Jan 20, 2006
Listed
$639,000
$161/sq ft
CRMLS #L600127
Mar 10, 2006
Listing Removed
—
Jan 10, 2006
Listed
$639,000
$161/sq ft
CRMLS #P481349
Jan 14, 2006
Listing Removed
—
Nov 13, 2005
Listed
$650,000
$164/sq ft
CRMLS #L503249
Jan 4, 2006
Listing Removed
—
Nov 4, 2005
Listed
$650,000
$164/sq ft
CRMLS #Y205941
Jul 29, 2003
Sold
$279,000
$70/sq ft
Dec 18, 2002
Listed
$279,000
$70/sq ft
Public Records
Aug 1, 1980
Sold
$159,500
$40/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$10,845 (+2.1%)
$57,222 + $801,108
$858,330
2024
$10,622 (+2.6%)
$57,222 + $801,108
$858,330
2023
$10,358 (+42.3%)
$136,706 + $437,458
$574,164
2022
$7,281 (−0.3%)
$136,706 + $437,458
$574,164
2021
$7,299 (−0.3%)
$134,025 + $428,880
$562,905
2020
$7,324 (+3.1%)
$131,397 + $420,471
$551,868
2019
$7,101 (+135.3%)
$130,050 + $416,160
$546,210
2018
$3,017 (+3.2%)
$127,500 + $408,000
$535,500
2017
$2,925 (−43.9%)
$16,234 + $198,053
$214,287
2016
$5,210 (+90.2%)
$16,234 + $198,053
$214,287
2015
$2,739 (−19.6%)
$81,220 + $314,728
$395,948
2014
$3,406 (+25.7%)
$15,369 + $187,507
$202,876
2013
$2,711 (+4.4%)
$15,369 + $187,507
$202,876
2012
$2,596 (−9.4%)
$15,300 + $186,660
$201,960
2011
$2,866
$15,000 + $183,000
$198,000
2010
$2,866 (−43.5%)
$20,000 + $200,000
$220,000
2009
$5,076 (−37.3%)
$20,000 + $200,000
$220,000
2008
$8,102
$80,000 + $320,000
$400,000
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
5,850 Sq. Ft.
Year renovated
1978
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,960
Year built
1978
Style
Multi-Family (2-4 Unit)
County
San Bernardino County
APN
0154 193 35 0 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 24, 2026.
RMH
Residential Medium High Zone
This zone requires a minimum lot size of 20,000 sq ft with a maximum density of 24 units per net acre. Lots 14,400-20,000 sq ft shall be development at RM density. Lots less than 14,400 sq ft shall be developed at RU density.
Permitted uses
Include but are not limited to:
Equestrian facility
Housing-Single unit
Housing-Multiple units
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
8/10 Fire Factor
39% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 102° expected this year, 20 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
26 unhealthy days expected this year, 33 days in 30 years
Provided by First Street
Historical weather
San Bernardino, CA • 92407
Average low and high temperatures (°F)
53
40
58
42
62
45
60
43
67
48
77
55
79
58
85
63
79
58
72
52
59
42
59
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
89/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.4 hrs
5.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4485 N Sierra Way
$984,135
$5,865 under list price of $990K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $500K to $697K.