1660 N E Street Active

San Bernardino,CA 92405

$ 1710000

1 Bed

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25027069

Bedrooms 1

HOA Y/N No

Lot Size 9,240 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Well maintained 14 units with a mix of 3 studios, 9 one bedrooms, and 2 two bedrooms, all with one bath. Mostly long-term tenants. Close to San Bernardino High School and the 215 freeway. 5.65% cap rate on actual rents and expenses. HUGE upside in rents. Long-term owner has left rents low. Market GSI is $201,000. Market GRM is 8.5. Market cap rate is 9.88%.
Well maintained 14 units with a mix of 3 studios, 9 one bedrooms, and 2 two bedrooms, all with one bath. Mostly long-term tenants. Close to San Bernardino High School and the 215 freeway. 5.65% cap rate on actual rents and expenses. HUGE upside in rents. Long-term owner has left rents low. Market GSI is $201,000. Market GRM is 8.5. Market cap rate is 9.88%.

Location

State CA

County San Bernardino

Area San Bernardino (92405)

Zoning Assessor

Interior

Cooling Wall/Window

Exterior

Exterior Feature Stucco

Roof Type Composition

Building

Lot Description Curbs

Story 2

Lot Size Range 7500-10889 SF

Sewer Sewer Connected

Level or Stories 2 Story

Others

Acceptable Financing Cash

Space Rent $350

Listing Terms Cash

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