Grand Terrace, CA 92313,12072 Preston ST

$372,000

$375,000

0.8%
Est.Price: ?

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Est. payment /mo

0.27 Acres Lot


SOLD DATE : 12/08/2018

Key Details

Sold Price $372,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC18164584

Sold Date 12/08/18

HOA Y/N No

Year Built 1955

Lot Size 0.266 Acres

Property Description

A large L shaped lot with a Park like setting with charm and personality! Lot A is accessed on Preston, and Unit B is assessed off Palm. Talk about investment property look at all the options you will have with this great lot.

This property is currently a duplex in a terrific, location property could use a face lift. Unit "A" is 3 bedrooms 1 3/4-bathroom, front room and small family room vinyl, carpet floors, 2 window A/Cs and dual sided wall heater plus a breezeway into single car garage and W/D hookups.
Unit B is accessed from Palm and is a two bedroom, 1 1/2 bath with indoor laundry and window A/C.

Preliminary City approval has been completed to build a three or possible four unit condos on the property, or keep them in the current configuration with two units. Both Units currently rented, possibilities are endless, have your choice Live in one and rent the other,
Live in one and have a great in-law unit with their own driveway and entrance
Build three or possible four new units.
Keep both as rentals. Good renters would like to stay.
Being sold AS IS condition, No FHA. Buyer may need to assist with 1031 exchange. Please do not disturb Tenants! 24 hour notice needed for showing

Location

State CA

County San Bernardino

Area 266 - Grand Terrace

Interior

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup, Inside, In Garage

Exterior

Parking Features Asphalt, Driveway, Garage Faces Front, Garage, Gravel, Private, RV Access/Parking, Unpaved

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Suburban

Total Parking Spaces 1

Private Pool No

Building

Lot Description 2-5 Units/Acre, Back Yard, Front Yard, Lawn, Street Level, Yard

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 0276202400000

Energy Description 1188.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Michael Bertelli • United States Management Group
Bought with ALEJANDRA SANTACRUZ • CENTURY 21 TOWN & COUNTRY

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