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$ 1,710,000
Est. payment | /mo
1 Bed
4 Baths
9,240 Sqft Lot
$ 1,710,000
Est. payment | /mo
1 Bed
4 Baths
9,240 Sqft Lot
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%.
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
Listed by Michael Lembeck • Citivest Realty Services, Inc
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
10550 Craftsman Way #184, San Diego, California, 92127, USA