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2340 Sepulveda Avenue

San Bernardino, CA 92404
  • $1,250,000
  • STATUS: Active
  • ON SITE: 30 Days
  • ID#: IG24016051
UPDATED: 46 min ago
$1,250,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1955
County:

School Ratings & Info

Listing Agent(s): Mayra Nicolas of KW College Park (909-625-8400)


Description

An excellent investment awaits! This spacious 8-unit complex, ideal for investment, possesses the potential for additional units due to its generous lot size. This property features eight units, each unit is one bed and one bath each. This apartment complex has three buildings. The first building has six units with three units on the bottom and three on the upper level. The ground-floor units include small patios. The second building consist of two more units of one bedroom one bath. The third unit incorporates a laundry room equipped with three washers, three dryers, and a storage area. The property includes a backyard and provides two parking spaces for each tenant. Conveniently located near freeways, schools, and shopping centers.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-03T22:26:08.407. 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 Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
www.kevinhillre.com/homes/147188094
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2340 Sepulveda Avenue San Bernardino, CA 92404

  • Price: $1,250,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 46 min ago
  • ID#: IG24016051
0
Beds
0
Baths
0
½ Baths
0.34
Acres
1955
Built
Neighborhood:
274 - San Bernardino
County:
San Bernardino
Area:
274 - San Bernardino
Property Description
An excellent investment awaits! This spacious 8-unit complex, ideal for investment, possesses the potential for additional units due to its generous lot size. This property features eight units, each unit is one bed and one bath each. This apartment complex has three buildings. The first building has six units with three units on the bottom and three on the upper level. The ground-floor units include small patios. The second building consist of two more units of one bedroom one bath. The third unit incorporates a laundry room equipped with three washers, three dryers, and a storage area. The property includes a backyard and provides two parking spaces for each tenant. Conveniently located near freeways, schools, and shopping centers.
Exterior Features

Entry Level 1 Entry Location front Lot Features 6-10 Units/Acre Number Of Separate Electric Meters 8 Parking Features AssignedDrivewayPrivateOne Space Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Accessibility Features Parking Appliances Gas OvenGas Range Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Natural Gas Heating YN Yes Interior Features BalconyMultiple Staircases

Property Features

Additional Parcels YN No Cap Rate 5.18 Common Interest None Community Features Sidewalks Contingency Home is contingent on seller finding a replacement property and closing concurrently. Buyer to cooperate with sellers 1031 exchange at no cost to the buyer. Current Financing Conventional Electric Electricity - On Property Fuel Expense 0 Garage YN No Gross Income 90000 Gross Scheduled Income 90000 Insurance Expense 3180 Land Lease YN No Laundry Features Common AreaLaundry Room Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 Exchange Net Operating Income 66787 New Construction YN No Number Of Separate Gas Meters 8 Number Of Separate Water Meters 8 Operating Expense 23213 Property Sub Type Mixed Use Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Trash Expense 0 Utilities Electricity AvailableElectricity ConnectedNatural Gas Available Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-03-03T22:26:08.407. 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 Berkshire Hathaway HomeServices California Properties. Licensed in the State of California, USA.
 
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Berkshire Hathaway HomeServices California Properties
25909 Pala Dr, Suite 100
Mission Viejo CA, 92691
Listing Agent(s): Mayra Nicolas of KW College Park (909-625-8400)