823 West Orange Street San Bernardino, CA 92410
San Bernardino, CA$1,050,000
Property Description
A fantastic 4-unit investment property located in San Bernardino, CA. This beautifully renovated, turnkey property sits on a 4100 square foot lot with gated entry, secure parking, and low foot traffic as it resides at the end of a cul de sac. The property features 4 spacious units and 3,200 square feet of living area in total. The property features two (2) 1 bed 1 bath units, one (1) 2 bed 1 bath, and one (1) 3 bed 1 bath units. All of the units have been recently remodeled and re-rented, with two of the units eligible for immediate rent increases. This property has received over $100K of recent capital improvements including interior remodels, new exterior and interior paint, repaved concrete on the entire property, new landscaping, privacy fence, fixtures and appliances, floors and AC units for every unit. 823 W Orange St offers a strong Day 1 cash flow currently sitting at a 5.6% Cap Rate!
Property Features
- Sale Price: $1,050,000
- Area Size: 4,100 SF
- Land Area: 0.09 AC
- Year Built: 1948
- Units: 4
- Current Cap Rate: 5.71%
