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Listed by ALBERT LE • LE INVESTMENT GROUP
$ 1,230,000
Est. payment /mo
New
25225 Pacific Street San Bernardino, CA 92404
6,270 SqFt
UPDATED:
01/23/2025 12:17 AM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 6,270 sqft
Price per Sqft $196
MLS Listing ID IV-25015956
Year Built 1978
Lot Size 0.404 Acres
Property Description
HIGHLIGHTS: Probate Trust Sale / Well maintained asset. / ProForma CAP Rate of 6.49% Achieved When Property Wide Rents Reach Market. / Current Cap rate of 4.05% / Extra Large Units ranging from 950 Sq. Ft. (2 Bedrooms) to 1,235 Sq. Ft. (3 Bedrooms). / Two (2) separate buildings, each housing 3 units. / Fully Gated Property With Ample Onsite Covered & Open Parking. (Tuck under parking). / Excellent Unit Mix of (4) 2-bedroom units & (2) 3- bedroom units. / Large Lot, May Posses Future Development Potential or Addition of ADUs. Buyer to conduct their own due diligence. Trust Sale. Discover a prime investment opportunity at 25225 E Pacific St. in San Bernardino. Built in 1978, this well maintained property features two buildings with a total of six (6) oversized units, offering a highly desirable unit mix. Four (4) spacious two-bedroom units, each approximately 950 square feet, and two (2) expansive three-bedroom, two-bathroom units, each approximately 1,235 square feet, provide exceptional living spaces that stand out in the local market. The property is fully enclosed by a wrought iron fence with gated entry, ensuring privacy and security for residents. Additionally, ample on-site parking enhances convenience for tenants.
Location
State CA
County San Bernardino
Zoning RM
Interior
Laundry Common Area
Exterior
Parking Features Gated
Pool None
Community Features Urban
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer