• 490 S Pershing Avenue San Bernardino, CA 92408

  • $399,999
  • 4
    Bed(s)
  • 4
    Baths
  • 1,848
    Sq Ft
  • 8370
    Sqft
  • Listed By: Annette Fraley, SYNERGY ONE REAL ESTATE SVCS., DRE #01503736
  • Source: CRMLS

Prime Investment Opportunity: 4-Unit Property on Corner Lot off Mill St and Pershing. Situated in a highly desirable location, this 4-unit property offers incredible potential for the savvy investor. 4 units total with parking. Each unit features a spacious 1 bedroom, 1 bathroom layout, and open living spaces. Although it has been vacant for over 2 years, this property presents a unique chance to revitalize and maximize its value by transitioning to COMMERICAL USE since it is Now Zoned Commercial. There are residential properties on one side and commercial on the other side. Please note that units have been taken down to studs/shell and access is limited. Growth potential is much higher as a commercial property once developed The city's preference for commercial establishments in the area further enhances the appeal of this property. Additionally, sufficient parking space is available, ensuring convenience for both tenants and visitors. Don't miss this opportunity to transform this corner lot gem into a thriving commercial property in a sought-after location.

Property Type :

Residential

County :

San Bernardino

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 4

Bathroom Information

Total Baths: 4

Full Baths: 4

Water/Sewer

Water Source : Public

Sewer : Unknown

Interior Features

Interior Features: All Bedrooms Down

Fireplace: None

Flooring: Vinyl

Cooling Features

See Remarks

Air Conditioning

Heating Source

See Remarks

Has Heating

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 1933

Accessibility Features

Parking

Pool Features

None

Laundry Features

See Remarks

Patio And Porch

Front Porch

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.1921

Lot Size Source: Assessor

Lot Size Square Feet: 8370

Listing Price Information

Original List Price: 399,999

Listing Contract Date: 2024-04-22

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 0136201630000

Garage and Parking

Garage Description: Driveway,Uncovered

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: 274 - San Bernardino

Postal Code Plus 4: 1346

Directions: 490 S Pershing Ave, San Bernardino, CA 92408-1346

Zoning: COMMERCIAL

Source Property Type: Residential

Area: 274 - San Bernardino

Property SubType: Mixed Use

Building and Construction

Property Age: 91

Common Walls: No Common Walls

Property Condition: Fixer,Repairs Major,Under Construction

Structure Type: Mixed Use

Year Built Source: Assessor

Total Square Feet Living: 1848

Entry Level: 1

Entry Location: 4

Levels or Stories: One

Building Total Stories: 1

Structure Type: Mixed Use

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
E Brier Drive, San Bernardino, CA,92408 $665,000 -- -- -- 21143 Sqft
Central Avenue, San Bernardino, CA,92408 $459,999 -- -- -- 10016 Sqft
S Washington, San Bernardino, CA,92408 $3,500,000 -- -- -- 65340 Sqft
E Commercial East Rd, San Bernardino, CA,92408 $1,699,000 -- -- -- 68389 Sqft
522 Holden Drive, San Bernardino, CA,92408 $750,000 2 1 902 25600 Sqft
921 S Lincoln Avenue, San Bernardino, CA,92408 $700,888 3 1 1,151 23465 Sqft
1075 3rd Street, San Bernardino, CA,92408 $949,999 -- -- -- 50971 Sqft
1894 E Cooley Avenue, San Bernardino, CA,92408 $600,000 3 2 1,357 20250 Sqft
Holden Drive, San Bernardino, CA,92408 $299,900 -- -- -- 12500 Sqft
1520 Coulston Street #13, San Bernardino, CA,92408 $325,000 2 2 840 1680 Sqft

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ByOwner last updated this listing 05/04/2024 @ 13:50

MLS: CV24080258
LISTED BY: Annette Fraley, SYNERGY ONE REAL ESTATE SVCS.
SOURCE: CRMLS
Buyer Agency Compensation: 1.5%
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.

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