$1,800,000
For Sale

1660 N E STREET

San Bernardino, CA 92405
0.21 acres | #PW25027069
Listing OfficeCitivest Realty Services, Inc
Browse 2 photos
Type:Multi-Family
Structure:House
Zone:Residential

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. 5.37% 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 8.95. Market cap rate is 9.16%.

  • Property Details
      • Utility FeaturesCableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
      • Lot DescriptionSixteenToTwentyUnitsAcre
      • CountySan Bernardino
      • ViewNeighborhood
      • Property TypeMulti-Family
      • Sewer InformationSewerTapPaid
      • Original List Price$1,800,000
      • MLS #PW25027069
      • MLS #PW25027069
      • Property SubtypeApartment
      • Cost1800000
      • Acres0.2121
      • Utility SourcePublic
      • Year Built1934
      • Stories2

Location

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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Last Updated: . Source: CRMLS

Listing Courtesy
Listing Agent: Michael Lembeck (#PWLEMMIC)
Listing Office: Citivest Realty Services, Inc (#PB16907)

Sharon RichReal Estate Group

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    The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

    Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information