Skip To Content

25590 9th Street

San Bernardino, CA 92410
  • $1,350,000
  • STATUS: Active
  • ON SITE: 56 Days
  • ID#: EV21190838
UPDATED: 41 min ago
$1,350,000
  • 0
    BEDS
  • 0.59
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1946
County:

School Ratings & Info

Description

Here's your opportunity to own a high income producing property. This property is priced low to sell ASAP, so seller can complete another investment project. These seven units are sitting on two separate lots sold together or separately as two SFR. (APN 0278-131-17-000 and APN 0278-131-18-0000), plus extra space for you to drop another building. These seven units currently gross $10,000 each month with two tenants paying slightly below market rent value.All units are occupied and no tenant fell behind through the pandemic. All units have been upgraded in the last three years and two were upgraded as recent as in March this year. Current Cap Rate is above 5%. Property is under excellent property management company. You are welcomed to keep the management company or use your own.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-24T17:26:27.37. 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/120924147
Print Image

25590 9th Street San Bernardino, CA 92410

  • Price: $1,350,000
  • Status: Active
  • Updated: 41 min ago
  • ID#: EV21190838
0
Beds
0
Baths
0
½ Baths
0.59
Acres
1946
Built
Neighborhood:
274 - San Bernardino
County:
San Bernardino
Area:
274 - San Bernardino
Property Description
Here's your opportunity to own a high income producing property. This property is priced low to sell ASAP, so seller can complete another investment project. These seven units are sitting on two separate lots sold together or separately as two SFR. (APN 0278-131-17-000 and APN 0278-131-18-0000), plus extra space for you to drop another building. These seven units currently gross $10,000 each month with two tenants paying slightly below market rent value.All units are occupied and no tenant fell behind through the pandemic. All units have been upgraded in the last three years and two were upgraded as recent as in March this year. Current Cap Rate is above 5%. Property is under excellent property management company. You are welcomed to keep the management company or use your own.
Exterior Features

Number Of Separate Electric Meters 5 Open Parking Spaces 14 Parking Total 14 Pool Features In GroundPrivate Pool Private YN Yes Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Common Interest None Community Features Street Lights Electric Expense 4800 Fuel Expense 0 Garage YN No Gross Income 120000 Gross Scheduled Income 120000 Insurance Expense 3360 Land Lease YN No Laundry Features Washer HookupGas Dryer HookupInside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 Exchange Net Operating Income 10000 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 3 Operating Expense 2109 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 9500 Trash Expense 5400 Water Sewer Expense 5400 Water Source Public

Listing provided courtesy of Kay Wachuku of Wrc Realty


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-10-24T17:26:27.37. 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.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367174951-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367174951-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_367174951-1.jpg
Logo
Keller Williams Realty
,