$842,000
$950,000
11.4%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,200 SqFt
SOLD DATE : 06/12/2024
Key Details
Sold Price $842,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $263
MLS Listing ID 24372039
Sold Date 06/12/24
Bedrooms 8
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1948
Lot Size 4,098 Sqft
Property Description
A fantastic 4-unit investment property located in San Bernardino, CA. This beautifully renovated, turnkey property sits on a 4100 square foot lot with gated entry, secure parking, and low foot traffic as it resides at the end of a cul de sac. The property features 4 spacious units and 3,200 square feet of living area in total. The property features two (2) 1 bed 1 bath units, one (1) 2 bed 1 bath, and one (1) 3 bed 1 bath units. All of the units have been recently remodeled and re-rented, with two of the units eligible for immediate rent increases. This property has received over $100K of recent capital improvements including interior remodels, new exterior and interior paint, repaved concrete on the entire property, new landscaping, privacy fence, fixtures and appliances, floors and AC units for every unit. 823 W Orange St offers a strong Day 1 cash flow currently sitting at a 6.45% Cap Rate!
Location
State CA
County San Bernardino
Area 274 - San Bernardino
Interior
Heating None
Fireplace No
Appliance Dishwasher, Microwave, Refrigerator, Dryer, Washer
Exterior
Garage Assigned, Detached Carport
Pool None
Community Features Gated
Attached Garage No
Total Parking Spaces 4
Private Pool No
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 0140012100000
Security Features Gated Community
Special Listing Condition Standard
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Bought with Jake Glaser • Lyon Stahl Investment Real Estate, Inc.