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1475 East Date Street

Eric Chen & Blake Torgerson Of CBRE Represent Sale Of Multifamily Property For $10.95M In San Bernardino
SOLDMultiFamily

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

Blake Torgerson

CBRE

Broker

$345.9M

vol

53 deals

Broker

San Bernardino MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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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