141 E 42nd St, San Bernardino, CA 92404

$3,795,000
12,502
SqFt

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List Price
$3,795,000
MLS#
26671979
Status
ACTIVE
Type
Multifamily
Living Area
12,502

Property Description

A 20-unit multifamily property in North San Bernardino offered at a 6.02% cap rate and 10.77 GRM with immediate upside available in rents. Built in 1976, the property sits on a 22,950 square foot lot with 12,502 rentable square feet and a unit mix of 12 one-bedroom and 8 two-bedroom units. The building has seen meaningful capital improvements in recent years including new windows, a resurfaced parking lot, fresh paint, and a roof replacement. On-site laundry and secured gated parking with 23 spaces. Strong renter demand in the area supports consistent occupancy. The location offers convenient access to the 215 and 10 freeways with nearby retail and major Inland Empire employment centers.

Additional Information

Year Built
1976
Garage
Other

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Calculator source: Real Geeks

Courtesy of Marcus & Millichap, Oscar Diaz.

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