$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 Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV24233407
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 heartof San Bernardino. Each unit boasts 1 bedroom and 1 bathroom, each with a proper living room area offering comfortable livingspaces designed to attract long-term tenants. The property amenities include a courtyard and barbeque area, plus amplecarports for tenant use and separate guest parking. This fully gated complex provides added security and peace of mind, anattractive feature in this competitive rental market. This property offers a strong capitalization rate, and presents excellentpotential for investors looking to generate steady income and long-term returns. Don't miss out on this rare opportunity tobuild a real estate portfolio with this entry level investment and income-generating asset.
Location
State CA
County San Bernardino
Area 274 - San Bernardino
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Disposal, Gas Oven, Gas Range
Laundry None
Exterior
Parking Features Carport, On Site
Carport Spaces 14
Fence Brick, Wrought Iron
Pool None
Community Features Street Lights, Sidewalks
Roof Type Composition
Total Parking Spaces 20
Private Pool No
Building
Lot Description Front Yard, Sprinkler System
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 0140061300000
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Charlene Li • Keller Williams Signature Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "