7120 Perris Hill Road , San Bernardino, CA 92404
San Bernardino, CA 92404
Description
Highlights: Probate Trust Sale / ProForma CAP Rate of 7.07% Achieved at Market Rent. / Over $200,000 in Recent Capital Improvements / Four Spacious Units: Three (3) large 3-bedroom units and one (1) expansive detached single family residence of 4-bedrooms / Fully Renovated Interiors: All units feature new tile flooring, fresh paint, modern kitchen cabinets, sleek countertops, and brand-new windows throughout. / Recent Exterior Upgrades: Includes a newly replaced roof and carport roof for added durability and curb appeal / Income Potential: Tremendous upside in rental income, making it an excellent investment opportunity. / FHA Financing Option: Eligible for FHA financing with just 3.5% down, allowing owner-occupants to possibly live in the detached 4-bedroom home and rent the 3-bedroom units to offset their mortgage. / Move-In Ready: No immediate updates needed ready for tenants or owner-occupants!
Details
| MLS# | IV24239161 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1936 |
| Days On Site | 53 |
| Listing Provided By | LE INVESTMENT GROUP 909-256-7889 | ALBERT LE |
Features
| SQ Feet | 4,309 |
|---|---|
| Car Port | Yes |
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 2 |
| Zoning | RM |
| Acreage | 0.17 |
Market Activity 92404
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Learn More About This Property
| State | CA |
|---|---|
| County | San Bernardino |
| City | San Bernardino |
| Zip Code | 92404 |
| Area | 274 San Bernardino |
| Listing VS Median (in 92404) | |
Price: $1,088,000 low | high Med: $499,000 SqFt: 4,309 low | high Med: 1,500 $ / SqFt: $252 low | high Med: $333 On Site: 53 low | high Med: 181.000000 | |