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Listed by RAYNISHA BROWN • INTERSTATE REALTY
$1,650,000
Est. payment /mo
6,880 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 6,880 sqft
Price per Sqft $239
MLS Listing ID IV-26136819
Year Built 1963
Lot Size 1.000 Acres
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Rare opportunity to acquire a mixed-use investment property consisting of five contiguous parcels totaling approximately one acre. This income-producing asset features a 4,000 square foot commercial building combined with multiple residential units, offering a diversified and stable income profile with significant value-add potential.
The property includes a commercial structure previously utilized as an automotive/motorcycle-related business, formerly operated as Douglas Motorcycle, along with a 4-bedroom mobile home, a 1-bedroom apartment, and three studio units with kitchen and bath facilities. This unique configuration provides multiple income streams and flexibility for both investors and owner-users.
With its substantial land footprint, multiple existing structures, and flexible use potential, the property presents strong upside through rent stabilization, property improvements, and potential redevelopment (buyer to verify zoning and permitted uses).
Strategically positioned within the Inland Empire, the asset benefits from strong rental demand, continued regional growth, and proximity to major transportation corridors, making it an attractive opportunity for investors seeking both cash flow and long-term appreciation. “This property presents a rare opportunity with strong income potential and multiple use possibilities. Ideal as a value-add investment or redevelopment site, offering a blank canvas for future construction or repositioning.” (buyer to verify zoning and permitted uses). Current tenants are long term 3-13 years.
Ideal for:
Developers
Value-add investors
1031 exchange buyers
Owner-users seeking income offset
Redevelopment-focused investors
This is a rare chance to acquire a multi-income, land-rich asset with significant upside potential in a high-demand Southern California market.
The property includes a commercial structure previously utilized as an automotive/motorcycle-related business, formerly operated as Douglas Motorcycle, along with a 4-bedroom mobile home, a 1-bedroom apartment, and three studio units with kitchen and bath facilities. This unique configuration provides multiple income streams and flexibility for both investors and owner-users.
With its substantial land footprint, multiple existing structures, and flexible use potential, the property presents strong upside through rent stabilization, property improvements, and potential redevelopment (buyer to verify zoning and permitted uses).
Strategically positioned within the Inland Empire, the asset benefits from strong rental demand, continued regional growth, and proximity to major transportation corridors, making it an attractive opportunity for investors seeking both cash flow and long-term appreciation. “This property presents a rare opportunity with strong income potential and multiple use possibilities. Ideal as a value-add investment or redevelopment site, offering a blank canvas for future construction or repositioning.” (buyer to verify zoning and permitted uses). Current tenants are long term 3-13 years.
Ideal for:
Developers
Value-add investors
1031 exchange buyers
Owner-users seeking income offset
Redevelopment-focused investors
This is a rare chance to acquire a multi-income, land-rich asset with significant upside potential in a high-demand Southern California market.
Location
State CA
County San Bernardino
Area 274 - San Bernardino
Zoning RM
Interior
Laundry None
Exterior
Garage Spaces 4.0
Pool None
Community Features Street Lights
Building
Lot Description Corner Lot, Lot Over 40000 Sqft, Near Public Transit, 16-20 Units/Acre
Sewer Public Sewer
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900