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$1,199,000
Est. payment /mo
10,445 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25233765
HOA Y/N No
Year Built 1922
Annual Tax Amount $10,250
Lot Size 10,445 Sqft
Property Sub-Type Multi Family
Property Description
High-Yield Investment Opportunity – Prime San Bernardino 5 Unit Complex - One of the Highest Returns On The Market. 100% Occupied at
Current Market Rents. Exceptional value-added opportunity in a sought-after San Bernardino. This 5-unit income property offers strong rental
income, Well Above Market Average, excellent tenant retention with Built in Amenities. All units Have Washer and Dryer Connections as well as
Central AC and Heating. Property Highlights: Unit 1 - 2 Bed 2 Bath Unit 2 - 2 Bed 1 Bath Unit 3 - 3 Bed 2 Bath Unit 4 - 2 Bed 1 Bath Unit 5 - 2 Bed 1
Bath. Separate Gas and Electric Meters for each unit, Tenants Pay Water and Trash on a pro rated basis making this property Almost Expense Free.
Ample Parking Plus Two Single Car Garages that may have a potential to be converted to a dwelling to increase income. Investment Advantages:
Prime Location: Situated in a rapidly developing area benefiting from ongoing city improvements, New Starbucks, Carwash, Strip Malls among
other business investing in the immediate area. Strong Demand: Close to shopping, dining, entertainment, and public transportation, ensuring
consistent tenant interest. Well-laid-out units having had significant renovations to ensure this will be a maintenance free Investment for Years.
Tenant Stability: Desirable unit mix and convenient location and built in amenities contribute to long-term occupancy rates. A rare opportunity to
secure a high-performing asset—ideal for investors seeking well above-average returns. All Units Are Occupied at Current Market Rents.
Current Market Rents. Exceptional value-added opportunity in a sought-after San Bernardino. This 5-unit income property offers strong rental
income, Well Above Market Average, excellent tenant retention with Built in Amenities. All units Have Washer and Dryer Connections as well as
Central AC and Heating. Property Highlights: Unit 1 - 2 Bed 2 Bath Unit 2 - 2 Bed 1 Bath Unit 3 - 3 Bed 2 Bath Unit 4 - 2 Bed 1 Bath Unit 5 - 2 Bed 1
Bath. Separate Gas and Electric Meters for each unit, Tenants Pay Water and Trash on a pro rated basis making this property Almost Expense Free.
Ample Parking Plus Two Single Car Garages that may have a potential to be converted to a dwelling to increase income. Investment Advantages:
Prime Location: Situated in a rapidly developing area benefiting from ongoing city improvements, New Starbucks, Carwash, Strip Malls among
other business investing in the immediate area. Strong Demand: Close to shopping, dining, entertainment, and public transportation, ensuring
consistent tenant interest. Well-laid-out units having had significant renovations to ensure this will be a maintenance free Investment for Years.
Tenant Stability: Desirable unit mix and convenient location and built in amenities contribute to long-term occupancy rates. A rare opportunity to
secure a high-performing asset—ideal for investors seeking well above-average returns. All Units Are Occupied at Current Market Rents.
Location
State CA
County San Bernardino
Area 274 - San Bernardino
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Stacked
Exterior
Fence Average Condition
Building
Lot Description 0-1 Unit/Acre
Story 2
Water Public
Others
Tax ID 0140153350000
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Freddie Mac
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Freddie Mac
Special Listing Condition Standard
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Listed by Sean Daugherty Advantage Investment Propertie 714-414-2444
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