El Royale Apartments 2352 North Leroy Street
San Bernardino, CA 92404
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Multifamily For Sale - Available May 2024
33 Units in San Bernardino
Solid Rental Location in the City of San Bernardino
Well Maintained Property Situated on Large 43,549 SF Lot
Excellent Unit Mix of One- & Two-Bedroom Units | Average Unit Size of 743 Square Feet
Historically High Occupancy
Value-Add Opportunity | Approximately 27% Rental Upside Potential through Continued Interior & Exterior Renovations
Property Features Include: Mature Landscaping, Laundry Facilities, Gated Community Pool, BBQ Grill, Rentable Storage, Carport and Surface Parking
Unit Amenities Feature: Vertical Blinds, Gas Oven Ranges, Wall Air Conditioning and Heating, Carpet and Wood Vinyl Flooring and High Speed Internet Access*
Incredibly Strong Fundamentals for Garden Style Apartments and Workforce Housing Tenants in San Bernardino
Nearby Landmarks Within 20-Miles Include: San Manuel Stadium, Arrowhead Country Club, First Original McDonald’s Museum, Dignity Health St. Bernardine Medical Center, San Bernardino International Airport, Yaamava’ Resort & Casino, Cal State University San Bernardino, Loma Linda University Medical Center and the University of Redlands
Get in touch
Eric Chen
Lic: 01489184
Blake Torgerson
Lic: 01919955
Kevin Sin
Lic: 02020968
Hunter Wetton
Lic: 02109188
CBRE, Inc. as the exclusive advisor, is pleased to present this 33-Unit asset located at 2352-2386 LeRoy Street in the city of San Bernardino.
El Royale Apartments is situated on North LeRoy Street between East 25th Street and East Highland Drive. The Property is located just south of the 210 and is less than a 4-mile radius from Downtown San Bernardino. Providing a picturesque backdrop to the beautiful San Bernardino Mountains, the Property is nearby a multitude of shops and restaurants, parks, and schools. The area also offers convenient access to San Bernardino City Hall, the San Bernardino Valley College, CSU San Bernardino, Loma Linda University Medical Center, University of Redlands and UC Riverside using the 10, 210 and 215 freeways. Access to local ski resorts and mountain cities is easy using the nearby highways 18 and 330. San Bernardino is home to the Metrolink Commuter Train Depot and the line runs between Downtown Los Angeles east through the San Gabriel Valley and the Inland Empire.
The El Royale Apartments is a 2-story, 33-unit property built in 1960. The property is situated on one parcel of land with a total of ±43,549 square feet of land and a total building size of ±24,551 square feet. It features a unit mix of 28, one-bed/one-bathroom and a 5, two-bed/one-bathroom units averaging 743 square feet per unit. It also features controlled gated access, carport parking, a gated swimming pool, on-site laundry facility, rentable storage units, and a mature landscaped courtyard with BBQ grill. Individual units feature wall air conditioning and heating, gas oven/stoves, vertical blinds, high-speed internet and wood vinyl plank flooring or carpeting.*
The El Royal Apartments is a prime San Bernardino income-producing property and a great long-term investment. The property is in a desirable area and offers stability for any type of investor, whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange opportunity.
*In Select Units
El Royale Apartments is situated on North LeRoy Street between East 25th Street and East Highland Drive. The Property is located just south of the 210 and is less than a 4-mile radius from Downtown San Bernardino. Providing a picturesque backdrop to the beautiful San Bernardino Mountains, the Property is nearby a multitude of shops and restaurants, parks, and schools. The area also offers convenient access to San Bernardino City Hall, the San Bernardino Valley College, CSU San Bernardino, Loma Linda University Medical Center, University of Redlands and UC Riverside using the 10, 210 and 215 freeways. Access to local ski resorts and mountain cities is easy using the nearby highways 18 and 330. San Bernardino is home to the Metrolink Commuter Train Depot and the line runs between Downtown Los Angeles east through the San Gabriel Valley and the Inland Empire.
The El Royale Apartments is a 2-story, 33-unit property built in 1960. The property is situated on one parcel of land with a total of ±43,549 square feet of land and a total building size of ±24,551 square feet. It features a unit mix of 28, one-bed/one-bathroom and a 5, two-bed/one-bathroom units averaging 743 square feet per unit. It also features controlled gated access, carport parking, a gated swimming pool, on-site laundry facility, rentable storage units, and a mature landscaped courtyard with BBQ grill. Individual units feature wall air conditioning and heating, gas oven/stoves, vertical blinds, high-speed internet and wood vinyl plank flooring or carpeting.*
The El Royal Apartments is a prime San Bernardino income-producing property and a great long-term investment. The property is in a desirable area and offers stability for any type of investor, whether it may be a first-time purchaser, seasoned investor, or a 1031 exchange opportunity.
*In Select Units
Covering 20,105 square miles, San Bernardino County is America’s largest county and a diverse public service organization governed by an elected Board of Supervisors and serving a community of nearly 2.2 million residents. San Bernardino County is comprised of more than 40 departments and agencies staffed by more than 25,000 public service professionals providing a wide range of vital services in areas that include public safety, health and human services, economic development, housing, recreation, and culture. San Bernardino County offers a variety of job opportunities in fields such as healthcare, public safety, and technology. Given San Bernardino County’s location and relative housing affordability in Southern California, it has become a substantial supplier of housing and construction-related jobs, which are a key employment sectors for the region.
San Bernardino, nestled against the San Bernardino Mountains and bathed in Californian sunshine, boasts a tapestry of history, cultural diversity, and modern life. Founded in 1810, its heritage echoes in the Mission de San Bernardino and the Santa Fe Depot, remnants of its vibrant past. Today, the city’s heart beats with a mix of urban grit and artistic spirit, evident in its revitalized downtown brimming with restaurants, theaters, and museums. Outdoor enthusiasts find solace in the San Bernardino National Forest, with its hiking trails and breathtaking views. Families create memories at the nostalgic Route 66 Drive-In or the expansive Field Museum of Natural History. Though challenges exist, San Bernardino’s spirit of resilience shines through, evident in its diverse communities and its ongoing pursuit of economic revitalization. This city, bathed in history and embracing change, stands ready to write its next chapter. San Bernardino, CA, stands at an economic crossroads. As the largest city in San Bernardino County, it boasts assets like a strategic location at the crossroads of major transportation arteries and a diverse, young workforce. The city’s economic development department actively pursues business attraction and retention, focusing on key sectors like logistics, healthcare, and advanced manufacturing. use space for businesses and residents.
The Inland Empire, which includes Riverside and San Bernardino Counties, has a network of innovation centers that drive investment and job growth. San Bernardino County is committed to a thriving city possessing a sustainable system of high-quality education, community health, public safety, housing, retail, recreation, arts and culture and infrastructure. San Bernardino County envisions a world class region which capitalizes on its location, the diversity of its people and its economy to create a broad range of choices for its residents in how they live, work, and play. In addition, it strives for a continual vibrant economy with a skilled workforce that attracts employers who seek the unique opportunities the region has to offer and provide jobs that create area-wide prosperity.
San Bernardino, California, bursts with annual entertainment options catering to diverse interests. Spring paints the scene with the vibrant Wisteria Festival, boasting colorful blooms, live music, and cultural immersion. Music lovers groove to the energetic beats of Beyond Wonderland and Nocturnal Wonderland, large-scale electronic dance music festivals held under the starry skies. History buffs step back in time at the Route 66 Rendezvous, showcasing classic cars, live entertainment, and nostalgic vibes. Foodies revel in the International Food Festival, a delightful explosion of flavors and aromas from around the globe. And don’t forget the National Orange Show, a citrus extravaganza celebrating the region’s agricultural heritage with amusement rides, exhibits, and citrus-themed fun for all ages. These are just a taste of the annual events that make San Bernardino a hub of entertainment throughout the year.
San Bernardino, nestled against the San Bernardino Mountains and bathed in Californian sunshine, boasts a tapestry of history, cultural diversity, and modern life. Founded in 1810, its heritage echoes in the Mission de San Bernardino and the Santa Fe Depot, remnants of its vibrant past. Today, the city’s heart beats with a mix of urban grit and artistic spirit, evident in its revitalized downtown brimming with restaurants, theaters, and museums. Outdoor enthusiasts find solace in the San Bernardino National Forest, with its hiking trails and breathtaking views. Families create memories at the nostalgic Route 66 Drive-In or the expansive Field Museum of Natural History. Though challenges exist, San Bernardino’s spirit of resilience shines through, evident in its diverse communities and its ongoing pursuit of economic revitalization. This city, bathed in history and embracing change, stands ready to write its next chapter. San Bernardino, CA, stands at an economic crossroads. As the largest city in San Bernardino County, it boasts assets like a strategic location at the crossroads of major transportation arteries and a diverse, young workforce. The city’s economic development department actively pursues business attraction and retention, focusing on key sectors like logistics, healthcare, and advanced manufacturing. use space for businesses and residents.
The Inland Empire, which includes Riverside and San Bernardino Counties, has a network of innovation centers that drive investment and job growth. San Bernardino County is committed to a thriving city possessing a sustainable system of high-quality education, community health, public safety, housing, retail, recreation, arts and culture and infrastructure. San Bernardino County envisions a world class region which capitalizes on its location, the diversity of its people and its economy to create a broad range of choices for its residents in how they live, work, and play. In addition, it strives for a continual vibrant economy with a skilled workforce that attracts employers who seek the unique opportunities the region has to offer and provide jobs that create area-wide prosperity.
San Bernardino, California, bursts with annual entertainment options catering to diverse interests. Spring paints the scene with the vibrant Wisteria Festival, boasting colorful blooms, live music, and cultural immersion. Music lovers groove to the energetic beats of Beyond Wonderland and Nocturnal Wonderland, large-scale electronic dance music festivals held under the starry skies. History buffs step back in time at the Route 66 Rendezvous, showcasing classic cars, live entertainment, and nostalgic vibes. Foodies revel in the International Food Festival, a delightful explosion of flavors and aromas from around the globe. And don’t forget the National Orange Show, a citrus extravaganza celebrating the region’s agricultural heritage with amusement rides, exhibits, and citrus-themed fun for all ages. These are just a taste of the annual events that make San Bernardino a hub of entertainment throughout the year.
Sale Price
Contact Broker For Pricing
Get in touch
Eric Chen
Lic: 01489184
Blake Torgerson
Lic: 01919955
Kevin Sin
Lic: 02020968
Hunter Wetton
Lic: 02109188