Well maintained 14 units with a mix of 3 studios, 9 one bedrooms, and 2 two bedrooms, all with one bath. Mostly long-term tenants. Close to San Bernardino High School and the 215 freeway. 5.37% cap rate on actual rents and expenses. HUGE upside in rents. Long-term owner has left rents low. Market GSI is $201,000. Market GRM is 8.95. Market cap rate is 9.16%.
Property Details
Price:
$1,800,000
MLS #:
PW25027069
Status:
Active
Baths:
0
Address:
1660 N E Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
274sanbernardino
City:
San Bernardino
Listed Date:
Feb 5, 2025
State:
CA
ZIP:
92405
Lot Size:
9,240 sqft / 0.21 acres (approx)
Year Built:
1934
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Flooring
Carpet, Laminate
Heating
Wall Furnace
Exterior
Community Features
Curbs, Street Lights, Suburban
Electric
Standard
Fencing
Wrought Iron
Garage Spaces
0.00
Lot Features
16-20 Units/ Acre
Parking Features
Driveway
Parking Spots
0.00
Pool Features
None
Roof
Composition
Sewer
Sewer Paid
Spa Features
None
Stories Total
2
View
Neighborhood
Water Source
Public
Financial
Tenant Pays
Electricity, Gas, Telephone
Utilities
Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Map
Community
- Address1660 N E Street San Bernardino CA
- Area274 – San Bernardino
- CitySan Bernardino
- CountySan Bernardino
- Zip Code92405
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1660 N E Street
San Bernardino, CA
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