Properties

Property Description

PRIDE OF OWNERSHIP !!!! Consisting of 20 units in excellent condition , the current owner has made it a priority to perform routine maintenance and create a strong community cohesion , the manager onsite was tasked with renting to well qualify tenants which has resulted in far less turnover when compared to neighboring apartments and with plenty of room to increase rents. This 20 unit complex is composed of a very desirable unit mix of one three bedrooms ,five two bedrooms and 14 one bedrooms . All units have free standing stoves , separate washer and dryer room for extra income. Located 5 minutes away from Cal State San Bernardino this property offers an outstanding investment opportunity for investors seeking to capitalize on the growing demand for student housing AND FOR THE CHERRY ON TOP THE EXISTING LOAN IS ASSUMABLE !!!!!!

SELLER HAS GIVING NOTICE TO ALL TENNANTS AND BEGINNING MAY 1ST ALL RENTS ARE INCREASE 9.40%

Features
: None
: Private Sewer
: Laundry Room, Electric Dryer Hookup, Gas Dryer Hookup
24
$0
Address Map
CA
San Bernardino
San Bernardino
92679
E 48th
236
Street
W118° 43' 7.5''
N34° 10' 21.3''
699 - Not Defined
48th Street and Sierra Madre
Neighborhood
Neighborhood
MLS Addon
Classic Investments
Evelyn Waidhofer
$0
$0
$0
$0
$0
$0
Additional Information
: Public
2
2
3790000
2024-01-04
20
: 0-1 Unit/Acre
: Two
: Sidewalks, Curbs, Street Lights
12014
Listing Information
YWAIDEVE
YCIS
Cash to Existing Loan,Conventional,1031 Exchange,Owner Will Carry,Submit
Active
2024-04-29T18:42:49Z
CRMLS
: Standard
2024-01-04T12:22:39Z

Residential Income For Sale

236 E 48th Street, San Bernardino, California 92679

0.68 Acre
$3,300,000
Listing ID #DW23230842
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : DW23230842
Price : $3,300,000
Year Built : 1985
Lot Area : 0.68 Acre
Status : Active
Property Sub Type : Apartment
Agent info
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