Eric Chen & Blake Torgerson Of CBRE Represent Sale Of Multifamily Property For $10.95M In San Bernardino
1475 East Date Street
$10,950,000
$208/SF
Building Size
52,572 SF
Asset Type
MultiFamily
Closing
Jul 24, 2026
AI
The property asset involved in the transaction is a multifamily unit located at 1475 East Date Street in San Bernardino. The sale was finalized at a price of $10,950,000, encompassing a total of 67 units within a square footage of 52,572. The price per unit stands at $163,432, while the price per square foot is $208.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $10,950,000
- Units: 67
- Square Footage: 52,572
- Price Per Unit: $163,432
- Price Per Square Foot: $208
- Date of Transaction: 07/24/2026
- Broker: Eric Chen & Blake Torgerson - CBRE
- Market: San Bernardino
The key individuals involved in the deal are Eric Chen and Blake Torgerson, who represent CBRE as the broker for the transaction. Their expertise in the San Bernardino market facilitated the sale, showcasing their role in bringing this multifamily asset to market.
Players
San Bernardino MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.45%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93