188 E 11th Street Unit 1-4, San Bernardino, CA 92410

$850,000

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List Price
$850,000
Status
ACTIVE
MLS#
TR26237874
Year Built
1963
Lot Size
7,500
Acres
0.17
Lot Location
0-1 Unit/Acre
Days on Market
2
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
One Level

Property Description

Exceptional Four-Unit Multifamily Investment Opportunity in San Bernardino, CA **Prime Income-Producing Property with Strong Investment Potential!** Discover an outstanding opportunity to acquire a four-unit multifamily property in an established San Bernardino neighborhood surrounded predominantly by single-family residences. Offering a desirable combination of functional unit layouts, individual utility metering, and convenient amenities, this property presents an attractive opportunity for investors seeking to expand their real estate portfolio. The property features a **versatile mix of two-bedroom, one-bathroom and one-bedroom, one-bathroom residences**, appealing to a broad range of prospective tenants. Each unit is equipped with **individual washer and dryer hookups**, providing added convenience and enhancing the property's rental appeal. Designed with privacy and functionality in mind, the property features a **fully gated perimeter and gated rear parking area**, offering residents controlled access and dedicated parking accommodations. The parking spaces have also been recently repainted, contributing to the property's maintained appearance. From an investment standpoint, **separately metered gas and electricity for each unit** provide an operational advantage by allowing for individual utility billing and helping investors manage expenses more efficiently. The property's four-unit configuration also provides multiple rental income streams, reducing reliance on a single tenancy. Conveniently located in San Bernardino, residents benefit from access to nearby shopping, dining, schools, parks, and essential services. The property's proximity to major transportation corridors, including Interstate 10 and Interstate 215, provides connectivity throughout the Inland Empire and surrounding Southern California communities. An Attractive Addition to Any Investment Portfolio **Don't miss this opportunity to acquire an established multifamily asset in San Bernardino. Contact us today for additional property information, financial details, or to schedule a private showing!**

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$72,684
Operating Expense
15875

Listing courtesy of Listing Agent: Vince Kwon (vhkwon@irnrealty.com) from Listing Office: IRN Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.