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:
Pending
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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7120 Perris Hill Road
San Bernardino, CA
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