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1560 Date , San Bernardino, CA 92404
Priced at Only: $1,650,000
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Address: 1560 Date , San Bernardino, CA 92404
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  • MLS#: OC25271462 ( Apartment )
  • Street Address: 1560 Date
  • Viewed: 2
  • Price: $1,650,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1983
  • Bldg sqft: 0
  • Days On Market: 89
  • Additional Information
  • County: SAN BERNARDINO
  • City: San Bernardino
  • Zipcode: 92404
  • Provided by: Real Broker
  • Contact: Shule Shule
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
Features
Assessments
  1. None
Association Fee
  1. 0.00
Building Area Total
  1. 7138.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Cooling
  1. Central Air
Country
  1. US
Days On Market
  1. 86
Electric Expense
  1. 8.00
Fireplace Features
  1. None
Fuel Expense
  1. 400.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 3000.00
Laundry Features
  1. Individual Room
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. 6-10 Units/Acre
Netoperatingincome
  1. 120000.00
Parcel Number
  1. 0272132200000
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 453027376:CRM
Totalexpenses
  1. 30000.00
Trash Expense
  1. 350.00
View
  1. City Lights
Water Sewer Expense
  1. 7500.00
Water Source
  1. Public
Year Built
  1. 1983
Year Built Source
  1. Public Records
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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