188 East 11th Street, San Bernardino, CA 92410
188 East 11th Street, San Bernardino, CA 92410
188 East 11th Street, San Bernardino, CA 92410
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Listed by Vince Kwon • IRN Realty
$850,000
Est. payment /mo
2,922 SqFt
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,922 sqft

Price per Sqft $290

MLS Listing ID TR-26170913

Year Built 1963

Lot Size 7,500 Sqft

Property Sub-Type Quadruplex

Source California Regional Multiple Listing Service (CRMLS)

Property Description

Exceptional Investment Opportunity in San Bernardino!

We present a rare gem in the heart of San Bernardino - a 4-unit multifamily property nestled in a desirable neighborhood dominated by single-family residences. This turnkey investment offers a unique blend of income potential and low maintenance requirements.

Key Features:

- Strategic Location: Centrally located in San Bernardino, providing easy access to local amenities, transportation hubs, and major thoroughfares.
- Diverse Unit Mix: The property boasts a mix of 2-bedroom/2-bathroom and 1-bedroom/1-bathroom units, catering to a wide range of tenants.
- In-Unit Amenities: Each unit comes with washer/dryer hookups, enhancing tenant convenience and appeal.
- Secure and Private: The property is fully gated, ensuring a safe and private environment for residents. Gated parking in the rear provides added security and convenience.
- Low Maintenance: With separate gas and electric meters for each unit, property management is streamlined, and expenses are easily allocated.
- Recent Upgrades: Parking spaces have been repainted, maintaining a well-maintained appearance and enhancing curb appeal.

Investment Highlights:

- Stable Income Potential: With four units and a mix of 1 and 2-bedroom configurations, this property offers a stable source of rental income.
- Low Operating Expenses: The property's design and separate utility meters help minimize maintenance and operational costs.
- Growth Potential: San Bernardino's growing market presents opportunities for rent growth and increased property value.

Don't Miss This Opportunity!

This property is a rare find in a desirable location, offering a unique chance to invest in a low-maintenance, income-generating asset. Schedule a viewing today to take advantage of this exceptional investment opportunity!

Location

State CA

County San Bernardino

Area 274 - San Bernardino

Interior

Heating Wall Furnace

Laundry Gas Dryer Hookup, Washer Hookup

Exterior

Pool None

Community Features Curbs, Sidewalks, Storm Drains, Street Lights, Suburban

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer


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Nearby Locations

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John R Thompson

John R Thompson

+1(805) 796-5221

Broker/Owner | License ID: 01200900

Broker/Owner License ID: 01200900

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188 East 11th Street