$1,650,000
Est. payment /mo
New
1560 E Date San Bernardino, CA 92404
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Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25271462
HOA Y/N No
Year Built 1983
Property Sub-Type Apartment
Property Description
An 8 unit building offering a 6.75% cap rate, easy management. The property sits in a quiet San Bernardino pocket and offers reliable income with room for rent growth. It sits on about half an acre with roughly 7138 square feet of building area. Parking options include carports, open spaces, curb parking. All of units are two bedroom one bath layouts with central AC and wood floors helps attract long term renters. Property features include dual pane windows, a part of new roof, an on site laundry room, and open no grass areas. Each unit is separately metered for electricity and gas which helps lower owner expenses. The property is around 10% rent upside which gives buyers a clear and simple path to stronger cash flow. Strong renter demand in this area supports year round occupancy. The location provides quick access to the 210, 215, and 10 freeways along with nearby retail and services that support long term renter stability. This area offers an easy commute to major Inland Empire employment centers. Date Street is a clean, easy to run 8 unit offering that combines stable income, strong building features, and measurable upside in a proven San Bernardino rental pocket.
Location
State CA
County San Bernardino
Area 274 - San Bernardino
Interior
Interior Features Walk-In Closet(s)
Cooling Central Air
Fireplaces Type None
Fireplace No
Laundry Laundry Room
Exterior
Pool None
Community Features Sidewalks
View Y/N Yes
View City Lights
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 0272132200000
Energy Description 400.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Shule Song Real Broker 925.759.0050