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Listed by Arthur Tsai • Prime Realty
$ 2,050,000
Est. payment /mo
Pending
2142 North Arrowhead Avenue San Bernardino, CA 92405
7,488 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Pending
Purchase Type For Sale
Square Footage 7,488 sqft
Price per Sqft $273
MLS Listing ID TR-24176348
Year Built 1931
Lot Size 0.468 Acres
Property Sub-Type Apartment
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.
Location
State CA
County San Bernardino
Area 274 - San Bernardino
Interior
Laundry None
Exterior
Parking Features Gated
Pool None
Community Features Suburban
Building
Lot Description 16-20 Units/Acre
Sewer Public Sewer