221 Olive Street, San Bernardino, CA 92410

$1,285,000
List Price
$1,285,000
MLS#
CV24140678
Status
ACTIVE
Type
Multifamily

Property Description

We are pleased to present the opportunity to acquire a six-unit property located at 221 E Olive Street in the city of San Bernardino. The property building size totals 4,294 SF and is situated on a well-maintained 7,362 square foot lot. 221 E Olive Street is conveniently located minutes away from the 215 and 210 Freeway and its cross streets are Wall Avenue and E 10th Street. The property offers convenient access to the San Bernardino Downtown Metrolink rail station, shopping centers, restaurants, and other popular retailers all within a short distance. The property offers convenient access to the 210, 215, 91, 60 and 10 freeways connecting to Riverside, Orange, and Los Angeles Counties. Neighboring cities include Riverside, Highland, Colton, Redlands, Yucaipa, and Loma Linda. Significant local landmarks within a 20-mile radius include: San Bernardino International Airport, Inland Center Mall, Waterman Discount Mall, Cal State University San Bernardino, Loma Linda University Medical Center and Yaamava Resort & Casino, to name a few. 221 E Olive Street is a prime Inland Empire income-producing property and a great long-term investment. The property offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.

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Courtesy of CB RICHARD ELLIS, ERIC CHEN.