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

SingleFamilyResidence

Bedrooms

4

Building size

1,800 sqft

Lot size

8,370 sqft

Year built

1933

Stories

1

Garage spaces

0

Style

Traditional

Heating

None

Cooling

None

Pool

None

View

None

Status

Active

Days on market

42

MLS #

246065934

About this property

Prime investment opportunity on a prominent corner lot near Mill Street and Pershing. This four-unit property offers exceptional upside for an investor, developer, or owner-user seeking a high-visibility location with flexible future potential. Originally configured as four individual 1-bedroom, 1-bathroom units with open living areas, the building has been taken down to the studs/shell and is ready for a complete reimagining. The property has been vacant for several years, presenting a rare opportunity to restore the original residential layout or transition to commercial use, subject to zoning, approvals, and buyer due diligence. Surrounded by residential properties on one side and commercial uses on the other, this location offers strong redevelopment potential. Ample on-site parking adds convenience for future tenants, customers, or visitors. Access is limited due to the current condition. Bring your vision and unlock the possibilities of this strategically located corner-lot property.

Location

490 S Pershing Avenue

San Bernardino, San Bernardino, CA, 92408