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$1,230,000
Est. payment /mo
0.4 Acres Lot
UPDATED:
01/22/2025 09:42 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRIV25015956
Originating Board California Regional MLS
Year Built 1978
Lot Size 0.404 Acres
Property Description
HIGHLIGHTS: Probate Trust Sale / Well maintained asset. / ProForma CAP Rate of 6.49% Achieved When Property Wide Rents Reach Market. / Current Cap rate of 4.05% / Extra Large Units ranging from 950 Sq. Ft. (2 Bedrooms) to 1,235 Sq. Ft. (3 Bedrooms). / Two (2) separate buildings, each housing 3 units. / Fully Gated Property With Ample Onsite Covered & Open Parking. (Tuck under parking). / Excellent Unit Mix of (4) 2-bedroom units & (2) 3- bedroom units. / Large Lot, May Posses Future Development Potential or Addition of ADUs. Buyer to conduct their own due diligence. Trust Sale. Discover a prime investment opportunity at 25225 E Pacific St. in San Bernardino. Built in 1978, this well maintained property features two buildings with a total of six (6) oversized units, offering a highly desirable unit mix. Four (4) spacious two-bedroom units, each approximately 950 square feet, and two (2) expansive three-bedroom, two-bathroom units, each approximately 1,235 square feet, provide exceptional living spaces that stand out in the local market. The property is fully enclosed by a wrought iron fence with gated entry, ensuring privacy and security for residents. Additionally, ample on-site parking enhances convenience for tenants.
Location
State CA
County San Bernardino
Area 274 - San Bernardino
Interior
Laundry Laundry Area
Exterior
Garage Spaces 10.0
Pool None
Building
Water District - Public
Others
Tax ID 0273141600000
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Listed by ALBERT LE • LE INVESTMENT GROUP