1560 E Date, San Bernardino, CA 92404

Listed by Shule Song, from Real Broker
(If provided) CoList: Liuzhen Zheng from Real Broker

List Price
$1,600,000
Price Change
▼ $50,000 1783555002
MLS#
CROC26096726
Status
ACTIVE
Lot Size
13,177
Listing Area
274 - San Bernardino
Year Built
1983

Property 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.

Additional Information

Cooling System
Central AC
Laundry Facilities
In Laundry Room
Lot Size
13,177
Neighborhood
274 - San Bernardino
Pool Description
None
Unincorporated Yn
Yes
View
View of City Lights

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Calculator source: Real Geeks

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