fbpx

9 am to 6 pm

Monday to Friday

790 Ferrari Ln

Ontario, CA 91764

1 909 294 2593

kris@theapartmentdealer.com

Price Range: From to

Compare Listings

12 Units in San Bernardino

2401 Sepulveda Ave, San Bernardino, CA 92404, USA
$1,295,000$108,000/Per Unit

Description

Tired of deals that offer no cash flow? Take a look at this one!

 

Property Description

  • 1980’s Construction – Offered at 5.9% CAP RATE!
  • Only $108,000 Per Unit
  • 8 (2-Bed/1-Bath) & 4 (1-Bed/1-Bath) Units
  • Tenants Enjoy Onsite Laundry Facility & Secure Parking
  • Units Separately Metered for Electricity & Gas
  • 9.46% Market Cash Return!

We are pleased to offer for sale this 12 unit investment property located in the highly dense rental community of San Bernardino. Constructed in 1987 the subject property is comprised of 8(2Bed/1Bath) units & 4(1Bed/1Bath) units all of which are separately metered for electricity and gas. Tenants enjoy an onsite laundry facility as well as onsite open space parking. Offered at a 5.92% entry Cap Rate, a new investor can take advantage of leveling rents to market level which would offer a 9.46% Cash-on-Cash return. (*Rents rates shown take effect 7/18/18)

  • Address: 2401 Sepulveda Ave
  • City: San Bernardino
  • State/county: California
  • Zip/Postal Code: 92404
  • Country: United States

Detail

Updated on August 21, 2018 at 12:04 pm

  • Price: $1,295,000
  • Property Size: 8216 SqFt
  • Land Area: 16254 SqFt
  • Year Built: 1987
  • Property Type: Multi Family
  • Property Status: Sold

Additional details

  • # of Units: 12
  • Unit Mix: 8 (2+1), 4 (1+1)
  • Zoning: RMH

WalkScore

walkscore57 / Somewhat Walkable more details here

Contact info

Frank Zamora
Frank Zamora
(909) 294-2610(951) 897-6686
Kristopher German
Kristopher German
(909) 294-2593(909) 645-0443

Inquire about this property

Do You Own Multi-Family Properties?
NoYes

Are You an Agent?
NoYes