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1278 Gould Street

San Bernardino, CA 92408
  • $725,000
  • STATUS: Active Under Contract
  • ON SITE: 67 Days
  • ID#: CV21183749
Under Contract
UPDATED: 50 min ago
$725,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Description

North Loma Linda rare find! This Quadraplex features 2x: 2 bedroom 1 bath units, 2x: 1bed 1bath units, 4 assigned parking spots, 4 separate electric and gas meters. Conveniently located near Loma Linda University Medical Center, public transportation, major shopping centers, Costco, Sam's Club, and a myriad of new developments. This 4 unit property sits in the center of a booming economic hub which only expands daily. This property has a potential cap rate of 8.1% or perfect for a family looking to live together but in their own separate unit. The upside to this property is truly unique in today's market.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-26T10:25:51.947. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
www.therealestategirl.com/homes/120645162
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1278 Gould Street San Bernardino, CA 92408

  • Price: $725,000
  • Status: Active Under Contract
  • Updated: 50 min ago
  • ID#: CV21183749
0
Beds
0
Baths
0
½ Baths
0.24
Acres
1963
Built
Neighborhood:
274 - San Bernardino
County:
San Bernardino
Area:
274 - San Bernardino
Property Description
North Loma Linda rare find! This Quadraplex features 2x: 2 bedroom 1 bath units, 2x: 1bed 1bath units, 4 assigned parking spots, 4 separate electric and gas meters. Conveniently located near Loma Linda University Medical Center, public transportation, major shopping centers, Costco, Sam's Club, and a myriad of new developments. This 4 unit property sits in the center of a booming economic hub which only expands daily. This property has a potential cap rate of 8.1% or perfect for a family looking to live together but in their own separate unit. The upside to this property is truly unique in today's market.
Exterior Features

Architectural Style Craftsman Carport Spaces 3 Carport YN Yes Fencing Chain Link Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 4 Open Parking Spaces 1 Parking Features Assigned Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes Roof Shingle Spa Features None Spa YN No View None View YN No

Interior Features

Accessibility Features ParkingSee Remarks Appliances Gas Range Common Walls 1 Common WallNo One Above Cooling Wall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Tile Heating Wall Furnace Heating YN Yes Interior Features All Bedrooms Down

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 8.1 Common Interest Community Apartment Community Features Suburban Contingency Subject To Cancellation Of Previous Buyer. Current Financing Fha Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 70800 Gross Scheduled Income 70800 Insurance Expense 1500 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 Exchange Net Operating Income 58577 New Construction YN No New Taxes Expense 8493 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 2 Operating Expense 12577 Possession Negotiable Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Actual Rent 2160 Trash Expense 1020 Utilities Electricity ConnectedNatural Gas Connected Water Sewer Expense 960 Water Source Public

Listing provided courtesy of Steve Loera of Freedom Realty Group


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-26T10:25:51.947. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Licensed in the State of California, USA.
 
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