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823 W Orange Street

San Bernardino, CA 92410
  • $842,000
  • STATUS: Closed
  • ON SITE: 84 Days
  • ID#: 24372039
Sold - 06/12/2024
$842,000
SOLD - 06/12/2024
  • 8
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,200
    SQFT
  • $263
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1948
County:

School Ratings & Info

Listing Agent(s): Jake Glaser of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)


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 6.45% Cap Rate!

Sold by Jake Glaser of Lyon Stahl Investment Real Estate, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-18T00:33:16.533. 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 or Mainstreet Realtors®. Licensed in the State of California, USA.
www.mainstreetgroup.com/homes/148868835
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823 W Orange Street San Bernardino, CA 92410

  • Price: $950,000
  • Status: Closed
  • On Site: 84 Days
  • Updated: 98 min ago
  • ID#: 24372039
8
Beds
0
Baths
0
½ Baths
0.09
Acres
3,200
SQFT
$263
$/SQFT
1948
Built
Neighborhood:
274 - San Bernardino
County:
San Bernardino
Area:
274 - San Bernardino
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 6.45% Cap Rate!
Exterior Features

Attached Garage YN 0 Carport YN Yes Entry Location Main Level Parking Features AssignedDetached Carport Parking Total 4 Pool Features None Pool Private YN No

Interior Features

Appliances DishwasherMicrowaveRefrigeratorDryerWasher Heating None Heating YN No

Property Features

Association YN No Cap Rate 6.45 Community Features Gated Gross Income 88740 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 61240 New Construction YN No Property Condition Updated/Remodeled Security Features Gated Community Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-18T00:33:16.533. 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 or Mainstreet Realtors®. Licensed in the State of California, USA.
 
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Mainstreet Realtors®
8577 Haven Ave, Suite 100
Rancho Cucamonga CA, 91730
Listing Agent(s): Jake Glaser of Lyon Stahl Investment Real Estate, Inc. (310-425-9838)