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$3,795,000
Est. payment /mo
12,502 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 12,502 sqft
Price per Sqft $303
MLS Listing ID 26671979
HOA Y/N No
Year Built 1976
Lot Size 0.527 Acres
Property Description
A 20-unit multifamily property in North San Bernardino offered at a 6.02% cap rate and 10.77 GRM with immediate upside available in rents. Built in 1976, the property sits on a 22,950 square foot lot with 12,502 rentable square feet and a unit mix of 12 one-bedroom and 8 two-bedroom units. The building has seen meaningful capital improvements in recent years including new windows, a resurfaced parking lot, fresh paint, and a roof replacement. On-site laundry and secured gated parking with 23 spaces. Strong renter demand in the area supports consistent occupancy. The location offers convenient access to the 215 and 10 freeways with nearby retail and major Inland Empire employment centers.
Location
State CA
County San Bernardino
Area 274 - San Bernardino
Interior
Fireplace No
Exterior
Total Parking Spaces 23
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 0154242190000
Special Listing Condition Standard
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Listed by Oscar Diaz Marcus & Millichap #02022902
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