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Listed by DARREN CORREA, DRE #02066621 • LE INVESTMENT GROUP
$ 2,999,000
Est. payment /mo
Price Dropped by $101K
901 N Arrowhead San Bernardino, CA 92410
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRIV26202945
Year Built 1928
Source California Regional MLS
Property Description
CREATIVE FINANCING AVAILABLE. CALL FOR DETAILS. 901 N Arrowhead Avenue presents a 20-unit multifamily investment opportunity in San Bernardino. The property consists of eighteen one-bedroom/one-bathroom units and two two-bedroom/one-bathroom units totaling approximately 11,182 rentable square feet. Offered at $2,999,000 ($149,950 per unit), the property provides a 6.10% current CAP rate with upside to a 6.76% pro forma CAP rate. Additional features include gated access and master metered gas, electricity and water. Conveniently located near Downtown San Bernardino with access to I-215, I-210, and I-10, as well as nearby shopping, dining, healthcare, public transportation, and employment centers throughout the Inland Empire.
Location
State CA
County San Bernardino
Area 274 - San Bernardino
Interior
Laundry None
Exterior
Parking Features Off-Street Parking
Pool None
Building
Water District - Public
Others
Tax ID 0140161220000
Special Listing Condition Not Applicable
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