$1,555,000
$1,558,000
0.2%For more information regarding the value of a property, please contact us for a free consultation.
0.52 Acres Lot
SOLD DATE : 04/23/2025
Key Details
Sold Price $1,555,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID TR25064405
Sold Date 04/23/25
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1948
Lot Size 0.516 Acres
Property Sub-Type Apartment
Property Description
**Great Location and Convenience!** This gated apartment building is easy to manage and rent, promising good rental income. It consists of 12 units, ten units are designed as 1-bed/1-bath and two units are designed as 2-bed/1-bath. The property is across to Norton Elementary School offering nine garages and three parking spaces. Many tenants have been long-term residents paying below-market rent, indicating significant upside potential for rental income. This makes it an excellent choice for apartment investors looking to maximize their returns.
Location
State CA
County San Bernardino
Area 274 - San Bernardino
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Parking Features Concrete, Gated, Private, One Space
Garage Spaces 9.0
Garage Description 9.0
Fence Average Condition, Chain Link, Wrought Iron
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Roof Type Composition
Total Parking Spaces 12
Private Pool No
Building
Lot Description Greenbelt, Landscaped, Street Level
Story 2
Entry Level Two
Foundation Raised
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 0140222240000
Energy Description 299.0
Acceptable Financing Cash, Cash to New Loan, Conventional, Owner May Carry
Listing Terms Cash, Cash to New Loan, Conventional, Owner May Carry
Financing Cash
Special Listing Condition Standard
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Bought with Michael Garcia • MZ BROKERAGE INC.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "