Active
236 E 48th Street
San Bernardino CA, 92679
$3,300,000
$274.68 per sqft
Active
12,014 sqft
Condo
Built in 1985
Listed by Evelyn Waidhofer with Classic Investments 310-710-4625
PRIDE OF OWNERSHIP !!!! Consisting of 20 units in excellent condition , the current owner has made it a priority to perform routine maintenance and create a strong community cohesion , the manager onsite was tasked with renting to well qualify tenants which has resulted in far less turnover when compared to neighboring apartments and with plenty of room to increase rents. This 20 unit complex is composed of a very desirable unit mix of one three bedrooms ,five two bedrooms and 14 one bedrooms . All units have free standing stoves , separate washer and dryer room for extra income. Located 5 minutes away from Cal State San Bernardino this property offers an outstanding investment opportunity for investors seeking to capitalize on the growing demand for student housing AND FOR THE CHERRY ON TOP THE EXISTING LOAN IS ASSUMABLE !!!!!!
SELLER HAS GIVING NOTICE TO ALL TENNANTS AND BEGINNING MAY 1ST ALL RENTS ARE INCREASE 9.60%
DW23230842
MLSⓇ ID
January 4, 2024
Listed
June 22, 2024
Updated
Map
236 E 48th Street
San Bernardino CA, 92679
Interior Features
Total Stories
2
Laundry Description
Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.68 Acres
Lot Features
0-1 Unit/Acre
Sewer
Private Sewer
Other Property Details
Area Name
699 - Not Defined
Days on Market
170
Garage
No
Parking Total
24
View
No
County
San Bernardino
Water Source
Public
Pool
No
Pool Features
None
Buyer Agency Compensation
1.5%
Listing History
Date | Event | Price |
|---|---|---|
4/26/2024 | Price Change | $3,300,000 -13% |
Listing Contact: 310-710-4625
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 6/22/2024. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 6/22/2024 at 5:18 PM UTC