$1,860,000
$2,188,000
15.0%For more information regarding the value of a property, please contact us for a free consultation.
0.38 Acres Lot
SOLD DATE : 12/06/2024
Key Details
Sold Price $1,860,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV24210863
Sold Date 12/06/24
HOA Y/N No
Year Built 1982
Lot Size 0.383 Acres
Property Description
Discover an incredible opportunity with this 14-unit(1134-1160 N Mayfield) multi-family property, ideally located in the heart of San Bernardino. Each unit boasts 1 bedroom and 1 bathroom, each with a proper living room area offering comfortable living spaces designed to attract long-term tenants. The property amenities include a courtyard and barbeque area, plus ample carports for tenant use and separate guest parking. This fully gated complex provides added security and peace of mind, an attractive feature in this competitive rental market.
This property offers a strong capitalization rate, and presents excellent potential for investors looking to generate steady income and long-term returns. Don't miss out on this rare opportunity to build a real estate portfolio with this entry level investment and income-generating asset.
Shown by appointment only, so please call to schedule your tour today.
Location
State CA
County San Bernardino
Area 274 - San Bernardino
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Inside
Exterior
Carport Spaces 14
Fence Brick, Wrought Iron
Community Features Gated
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Composition
Total Parking Spaces 20
Building
Lot Description Sprinkler System
Story 2
Water Public
Others
Tax ID 0140061300000
Security Features Gated Community
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Charlene Li • Keller Williams Signature Realty