Thank you
Arthur Tsai
Prime Realty
714-882-5881
Great location! North of 210 Fwy, in the Arrowhead Farms area, close to Cal State San Bernardino (only 5 minutes drive from Cal State San Bernardino). Walking distance to convenient store and supermarket and retail centers. This apartment property has 9 attached bungalow-style apartment units, all single story. It is easy to manage and easy to rent with good rental income. Total of 9 units, all 2 bedroom/1 bathroom. Each unit has its own attached 1-car garage. Unit #1 and #9 has its own private yard with fence. Most importantly, this property has a large lot (over 42k sq.ft.) which provides plenty of additional parking space, and has potential for future construction of additional rental units. Most of the current tenants have been long-term tenants paying below market rent. Hence, great upside potential in rental income for investor.
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Water Source : Public
Sewer : Public Sewer
Year Built: 1964
Building Area Total: 8,678
None
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Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.9697
Lot Size Source: Assessor
Lot Size Square Feet: 42240
Original List Price: 1,795,000
Listing Contract Date: 2024-03-09
Listing Agreement: Exclusive Right To Sell
Parcel Number: 0265241030000
Lease Term: Negotiable
Source Listing Status: Pending
Source Neighborhood: 274 - San Bernardino
Postal Code Plus 4: 3496
Directions: Arrowhead Farms area, north of Kendall Dr.
Zoning: RM
Source Property Type: Residential Income
Area: 274 - San Bernardino
Property SubType: Apartment
Property Age: 60
Common Walls: 2+ Common Walls,No One Above
Structure Type: Apartment
Year Built Source: Assessor
Entry Level: 1
Entry Location: Ground
Property Attached: Yes
Levels or Stories: One
Building Total Stories: 1
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
Chestnut Avenue, San Bernardino, CA,92407 | $600,000 | -- | -- | -- | 259182 Sqft |
Cottage Drive, San Bernardino, CA,92407 | $428,000 | -- | -- | -- | 39680 Sqft |
Foresthill Court, San Bernardino, CA,92407 | $350,000 | -- | -- | -- | 165092 Sqft |
1244 Knoll Street, San Bernardino, CA,92407 | $350,000 | -- | -- | -- | 124600 Sqft |
4630 N F St, San Bernardino, CA,92407 | $3,250,000 | -- | -- | -- | 154638 Sqft |
Meyers Road, San Bernardino, CA,92407 | $975,000 | -- | -- | -- | 558874 Sqft |
1 Ridge Line Drive, San Bernardino, CA,92407 | $89,000 | -- | -- | -- | 18000 Sqft |
1937 W Highland Avenue, San Bernardino, CA,92407 | $895,000 | -- | -- | -- | 22174 Sqft |
3910 Cajon Boulevard, San Bernardino, CA,92407 | $1,599,000 | -- | -- | -- | 33000 Sqft |
6382 N Mount Mckinley Way, San Bernardino, CA,92407 | $739,900 | 4 | 2 | 2,053 | 11865 Sqft |
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ByOwner last updated this listing 05/09/2024 @ 08:56
MLS: TR24048476
LISTED BY: Arthur Tsai, Prime Realty
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.