San Bernardino, CA 92405,2142 N Arrowhead Avenue
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$ 2,280,000
Est. payment | /mo

1 Bed

1 Bath

0.47 Acres Lot


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$ 2,280,000
Est. payment | /mo
Save

1 Bed

1 Bath

0.47 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID TR24176348

Bedrooms 1

HOA Y/N No

Lot Size 0.468 Acres

Property Description

GREAT LOCATION AND CONVENIENCE! THIS APARTMENT BUILDING IS EASY TO MANAGE AND EASY TO RENT WITH GOOD RENTAL INCOME! SHORT WALKING DISTANCE TO POST OFFICE, BANKS, AND FAST FOOD, ETC. TOTAL OF 16 UNITS ALL UNITS ARE 1 BED/1 BATH SINGLE-STORY BUNGALOW STYLE APARTMENTS. THERE ARE 8 STRUCTURES, WITH 2 ATTACHED UNITS PER STRUCTURE. THERE ARE 8 UNITS THAT HAVE A SMALL BACKYARD. THERE ARE 12 PARKING SPACES THAT ARE COVERED CARPORTS IN THE BACK OF THE LOT. MANY TENANTS HAVE BEEN LONG-TERM TENANTS PAYING BELOW MARKET RENT, HENCE, GREAT UPSIDE POTENTIAL IN RENTAL INCOME FOR APARTMENT INVESTORS.
GREAT LOCATION AND CONVENIENCE! THIS APARTMENT BUILDING IS EASY TO MANAGE AND EASY TO RENT WITH GOOD RENTAL INCOME! SHORT WALKING DISTANCE TO POST OFFICE, BANKS, AND FAST FOOD, ETC. TOTAL OF 16 UNITS ALL UNITS ARE 1 BED/1 BATH SINGLE-STORY BUNGALOW STYLE APARTMENTS. THERE ARE 8 STRUCTURES, WITH 2 ATTACHED UNITS PER STRUCTURE. THERE ARE 8 UNITS THAT HAVE A SMALL BACKYARD. THERE ARE 12 PARKING SPACES THAT ARE COVERED CARPORTS IN THE BACK OF THE LOT. MANY TENANTS HAVE BEEN LONG-TERM TENANTS PAYING BELOW MARKET RENT, HENCE, GREAT UPSIDE POTENTIAL IN RENTAL INCOME FOR APARTMENT INVESTORS.

Location

State CA

County San Bernardino

Area San Bernardino (92405)

Zoning Public Rec

Building

Story 1

Level or Stories 1 Story

Others

Monthly Total Fees $203

Acceptable Financing Cash

Space Rent $160,000

Listing Terms Cash

San Diego Regional MLS (SDMLS)
Listed by Arthur Tsai • Prime Realty
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4955 Narragansett Ave, San Diego, California, 92107, USA

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2142 N Arrowhead Avenue