454 W Highland Avenue

    San Bernardino, CA 92405
    • $430,000
    • STATUS: Active Under Contract
    • ON SITE: 30 days
    • ID#: CV19142134
    Under Contract
    UPDATED: 44 min ago
    $430,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,650
      SQFT
    • $118
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1948
    County:

    School Ratings & Info

    Description

    Investment Opportunity with tremendous potential.. 3 Units located in the City of San Bernandino, California. This property provides tenants with on site-parking. The rents are below the market rate with the opportunity to create future added upside cash flow potential with unit turnover.Property is located on a busy main street at a highly visible location. Convenient street and rear parking. Modified Gross- Owners pays Trash collection and Tenants pays electricity and water.Close distance to freeways, universities, and other businesses. The lot size is 7,500sf. Built in 1948.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-07-17T22:42:47.033. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/95987392

    454 W Highland Avenue San Bernardino, CA 92405

    • Price: $430,000
    • Status: Active Under Contract
    • Updated: 44 min ago
    • ID#: CV19142134
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    3,650
    SQFT
    $118
    $/SQFT
    1948
    Built
    Neighborhood:
    274 - San Bernardino
    County:
    San Bernardino
    Area:
    274 - San Bernardino
    Property Description
    Investment Opportunity with tremendous potential.. 3 Units located in the City of San Bernandino, California. This property provides tenants with on site-parking. The rents are below the market rate with the opportunity to create future added upside cash flow potential with unit turnover.Property is located on a busy main street at a highly visible location. Convenient street and rear parking. Modified Gross- Owners pays Trash collection and Tenants pays electricity and water.Close distance to freeways, universities, and other businesses. The lot size is 7,500sf. Built in 1948.
    Exterior Features

    Lot Features 0-1 Unit/AcreNear Public TransitNo LandscapingPavedWalkstreet Lot Size Dimensions 7500 Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Cooling See Remarks Cooling YN Yes Heating None Heating YN No Laundry Features None

    Property Features

    Additional Parcels YN No Anchors Co Tenants 3 Building Area Units Square Feet Building Status Existing Country Us Gross Scheduled Income 27600.00 Insurance Expense 1500.00 Land Use Retail Laundry YN No Leasable Area Units Square Feet Lot Dimensions Source Assessor Maintenance Expense 1000.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Number Of Units Leased 3 Professional Management Expense 3600.00 Property Sub Type Mixed Use Special Listing Conditions Standard Tax Annual Amount 4300.00 Trash Expense 1668.00 Utilities Electricity AvailablePhone AvailableSewer AvailableSewer ConnectedWater AvailableWater Connected Water Source Public

    Listing provided courtesy of Celia Chu of Coldwell Banker Town & Country


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-07-17T22:42:47.033. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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