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$1,290,000
10 Beds ⋅ 6 Baths ⋅ 26863795 MLS ⋅ Active Status
Offered at a 6.40% cap rate and 10.48 GRM, 1123 Bobbett Drive delivers strong in-place cash flow with additional long-term upside. The property consists of approximately 4,188 rentable square feet on a 12,622 square foot lot with a unit mix of (4) two-bedroom/one-bathroom units and (2) one-bedroom/one-bathroom units. Most of the units are bungalow style with no shared walls, offering tenants added privacy and helping differentiate the property from traditional apartment layouts. Recent improvements include a newer roof, new electrical breakers in select units, and updated interiors in select units with fresh paint and upgraded finishes. An additional storage area located at the rear of the property provides an opportunity for supplemental rental income, offering investors another potential source of revenue. The property is conveniently located near the 210 and 215 Freeways, providing easy access throughout San Bernardino and the Inland Empire. Tenants also benefit from nearby employment centers, shopping, dining, schools, and everyday services. Combined with its recent improvements, bungalow-style layout, and strong in-place returns, 1123 Bobbett Drive presents an attractive long-term investment opportunity.

1123 Bobbett Drive, San Bernardino
$990,000
26848081 MLS ⋅ Active Status
Four two-bedroom units. Three townhouse-style floor plans. Attached garage parking. Private outdoor space. 4485 N Sierra Way presents a rare opportunity to acquire a well-located four-unit multifamily property in North San Bernardino featuring a highly desirable unit mix and resident-oriented floor plans. The property consists of three two-bedroom, two-bathroom townhouse-style units and one two-bedroom, one-bathroom unit located above the garages. Unlike many traditional apartment properties, the townhouse-style units provide a more residential living experience with greater privacy and separation between living spaces. Each unit is equipped with central air conditioning and heating and is served by an attached single-car garage with washer and dryer hookups. Two of the units also feature private enclosed patios, providing valuable outdoor living space for residents. The combination of townhouse-style layouts, garage parking, and private outdoor areas helps distinguish the property from competing multifamily assets in the market and contributes to strong tenant appeal. The functional floor plans and attractive curb appeal position the property to attract and retain long-term residents. Conveniently located near the 210 and 215 freeways, the property offers easy access to major employment centers, retail amenities, schools, and transportation corridors throughout the Inland Empire. For investors seeking stable cash flow, durable tenant demand, and long-term upside, 4485 N Sierra Way offers an attractive investment opportunity.

4485 N Sierra Way, San Bernardino
$990,000
26848073 MLS ⋅ Active Status
Four townhouse-style units delivered completely vacant create a rare opportunity to lease at market rents from day one. The property consists entirely of two bedroom, two bathroom, two story townhouse style units designed to provide a more residential living experience than traditional apartment product. Each unit features a private backyard patio, central air conditioning, washer and dryer hookups, and dedicated carport parking. The property is separately metered for gas and electricity, helping keep owner utility expenses low. The townhouse layouts and private outdoor space create strong tenant appeal and provide a competitive advantage compared to many nearby apartment properties. With all units vacant, a new owner has the ability to establish market rents from day one without inheriting below market leases. Located in San Bernardino, the property offers convenient access to the 215 and 210 freeways along with nearby shopping, schools, and major employment centers throughout the Inland Empire. The ability to immediately establish market rents, combined with reduced owner utility responsibilities, creates an opportunity to increase income from day one while building long term value.

221 E 19th Street, San Bernardino

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.