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$3,100,000
Est. payment /mo
3 Beds
6,534 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV26202945
Bedrooms 3
Lot Size 6,534 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
901 N Arrowhead Avenue presents a 20-unit multifamily investment opportunity in San Bernardino. The property consists of eighteen one-bedroom/one-bathroom units and two two-bedroom/one-bathroom units totaling approximately 11,182 rentable square feet. Offered at $3,100,000 ($155,000 per unit), the property provides a 6.01% current CAP rate with upside to a 6.51% pro forma CAP rate. Additional features include gated access and master metered gas, electricity and water. Conveniently located near Downtown San Bernardino with access to I-215, I-210, and I-10, as well as nearby shopping, dining, healthcare, public transportation, and employment centers throughout the Inland Empire.
Location
State CA
County San Bernardino
Zoning Public Rec
Direction I-215 to Baseline St east, right on N Arrowhead Ave. Property is on the right at 901 N Arrowhead Ave.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 0140161220000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by DARREN CORREA, DRE#02066621 LE INVESTMENT GROUP
NEARBY SCHOOL & BUSINESS
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