Highlights: Probate Trust Sale / ProForma CAP Rate of 7.07% Achieved at Market Rent. / Over $200,000 in Recent Capital Improvements / Four Spacious Units: Three (3) large 3-bedroom units and one (1) expansive detached single family residence of 4-bedrooms / Fully Renovated Interiors: All units feature new tile flooring, fresh paint, modern kitchen cabinets, sleek countertops, and brand-new windows throughout. / Recent Exterior Upgrades: Includes a newly replaced roof and carport roof for added durability and curb appeal / Income Potential: Tremendous upside in rental
income, making it an excellent investment opportunity. / FHA Financing Option: Eligible for FHA financing with just 3.5% down, allowing owner-occupants to possibly live in the detached 4-bedroom home and rent the 3-bedroom units to offset their mortgage. / Move-In Ready: No immediate updates needed
ready for tenants or owner-occupants!
income, making it an excellent investment opportunity. / FHA Financing Option: Eligible for FHA financing with just 3.5% down, allowing owner-occupants to possibly live in the detached 4-bedroom home and rent the 3-bedroom units to offset their mortgage. / Move-In Ready: No immediate updates needed
ready for tenants or owner-occupants!
Property Details
Price:
$1,088,000
MLS #:
IV24239161
Status:
Active
Baths:
0
Address:
7120 Perris Hill Road
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
274sanbernardino
City:
San Bernardino
Listed Date:
Nov 15, 2024
State:
CA
ZIP:
92404
Lot Size:
7,600 sqft / 0.17 acres (approx)
Year Built:
1936
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Schools
Interior
Exterior
Community Features
Gutters
Garage Spaces
0.00
Lot Features
2-5 Units/ Acre
Parking Features
Carport, Detached Carport
Parking Spots
4.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Map
Community
- Address7120 Perris Hill Road San Bernardino CA
- Area274 – San Bernardino
- CitySan Bernardino
- CountySan Bernardino
- Zip Code92404
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Courtesy of LE INVESTMENT GROUP. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
7120 Perris Hill Road
San Bernardino, CA
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