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2401 Sepulveda Avenue

2401 Sepulveda Avenue
San Bernardino,CA 92404

Pending $1,295,000

16,254

MLS #: CV18131745 | Built 1987 | Lot Size: 0.000000 Acres | Area: 274 - San Bernardino | Type:


PROPERTY DESCRIPTION

We are pleased to offer for sale this 12 unit investment property located in the highly dense rental community of San Bernardino. Constructed in 1987 the subject property is comprised of 8(2Bed/1Bath) units & 4(1Bed/1Bath) units all of which are separately metered for electricity and gas. Tenants enjoy an onsite laundry facility as well as onsite open space parking. Offered at a 5.92% entry Cap Rate, a new investor can take advantage of leveling rents to market level which would offer a 9.46% Cash-on-Cash return. (*Rents rates shown take effect 7/18/18)

Listing Provided By
KRISTOPHER GERMAN, RE/MAX 2000
Based on information from California Regional Multiple Listing Service, Inc. as of August 6, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

FILL OUT THE FORM BELOW & WE'LL BE IN TOUCH


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