141 E 42nd Street, San Bernardino, CA 92404
- $3,795,000
- 12,502
- SqFt
- List Price
- $3,795,000
- Status
- ACTIVE
- MLS#
- 26671979
- Year Built
- 1976
- Living Sq. Ft
- 12,502
- Lot Size
- 22,950
- Acres
- 0.53
- Days on Market
- 138
- Property Type
- Multifamily
- Stories
- Two Levels
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.
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Additional Information
- Attached Structure
- Detached
- Number Of Units Total
- 20
Listing courtesy of Listing Agent: Oscar Diaz (Oscar.Diaz@marcusmillichap.com) from Listing Office: Marcus & Millichap.
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