Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

8

Building size

7,138 sqft

Lot size

13,177 sqft

Year built

1983

Stories

2

Garage spaces

0

Cooling

Central Air

Pool

None

View

City Lights

Status

Active

Days on market

65

MLS #

241736506

About this property

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

1560 E Date

San Bernardino, San Bernardino, CA, 92404