1560 E Date,San Bernardino, CA 92404
San Bernardino, CA 92404
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.
Details
| MLS # | OC26096726 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1983 |
| Days On Site | 128 |
| Listing Provided By | Real Broker | Shule Song |
Features
| SQ Feet | 7,138 |
|---|---|
| Story(s) | 2 |
| Units | 8 |
| Building(s) | 1 |
| Acreage | 0.30 |
| Property View | Yes |
Interior
| Cooling | Central Air |
|---|---|
| Cooling Yes / No | Yes |
| Interior Features | Walk In Closets |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Six To Ten Units Acre |
|---|
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | San Bernardino |
| City | San Bernardino |
| Zip Code | 92404 |
| Area | 274 San Bernardino |
| Listing VS Median (in 92404) | |
Price: $1,600,000 low | high Med: $997,250 sqft: 7,138 low | high Med: 6,196 $ / sqft: $224 low | high Med: $179 On site: 128 low | high Med: 202.5 | |
Market Activity 92404
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Learn More About This Property
| State | CA |
|---|---|
| County | San Bernardino |
| City | San Bernardino |
| Zip Code | 92404 |
| Area | 274 San Bernardino |
| Listing VS Median (in 92404) | |
Price: $1,600,000 low | high Med: $997,250 sqft: 7,138 low | high Med: 6,196 $ / sqft: $224 low | high Med: $179 On site: 128 low | high Med: 202.5 | |