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2142 N Arrowhead Avenue

San Bernardino, CA 92405
  • $2,050,000
  • STATUS: Active
  • ON SITE: 208 Days
  • MLS #: TR24176348
Price Reduced
UPDATED: 127 min ago
$2,050,000
  • 0
    BEDS
  • 0.47
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1931
County:

School Ratings & Info

Listing Agent(s): Arthur Tsai of Prime Realty (714-882-5881)


Description

GREAT LOCATION AND CONVENIENCE! THIS APARTMENT BUILDING IS EASY TO MANAGE AND EASY TO RENT WITH GOOD RENTAL INCOME! SHORT WALKING DISTANCE TO POST OFFICE, BANKS, AND FAST FOOD, ETC.TOTAL OF 16 UNITS " ALL UNITS ARE 1 BED/1 BATH SINGLE-STORY BUNGALOW STYLE APARTMENTS. THERE ARE 8 STRUCTURES, WITH 2 ATTACHED UNITS PER STRUCTURE.THERE ARE 8 UNITS THAT HAVE A SMALL BACKYARD.THERE ARE 12 PARKING SPACES THAT ARE COVERED CARPORTS IN THE BACK OF THE LOT. MANY TENANTS HAVE BEEN LONG-TERM TENANTS PAYING BELOW MARKET RENT, HENCE, GREAT UPSIDE POTENTIAL IN RENTAL INCOME FOR APARTMENT INVESTORS.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-22T00:29:20.747. 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 Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/154090998
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2142 N Arrowhead Avenue San Bernardino, CA 92405

  • Price: $2,050,000
  • Status: Active
  • On Site: 208 Days
  • Updated: 127 min ago
  • MLS #: TR24176348
0
Beds
0
Baths
0
½ Baths
0.47
Acres
1931
Built
Neighborhood:
274 - San Bernardino
County:
San Bernardino
Area:
274 - San Bernardino
Property Description
GREAT LOCATION AND CONVENIENCE! THIS APARTMENT BUILDING IS EASY TO MANAGE AND EASY TO RENT WITH GOOD RENTAL INCOME! SHORT WALKING DISTANCE TO POST OFFICE, BANKS, AND FAST FOOD, ETC.TOTAL OF 16 UNITS " ALL UNITS ARE 1 BED/1 BATH SINGLE-STORY BUNGALOW STYLE APARTMENTS. THERE ARE 8 STRUCTURES, WITH 2 ATTACHED UNITS PER STRUCTURE.THERE ARE 8 UNITS THAT HAVE A SMALL BACKYARD.THERE ARE 12 PARKING SPACES THAT ARE COVERED CARPORTS IN THE BACK OF THE LOT. MANY TENANTS HAVE BEEN LONG-TERM TENANTS PAYING BELOW MARKET RENT, HENCE, GREAT UPSIDE POTENTIAL IN RENTAL INCOME FOR APARTMENT INVESTORS.
Exterior Features

Carport Spaces 12 Carport YN Yes Entry Level 1 Entry Location Front Lot Features 16-20 Units/Acre Number Of Separate Electric Meters 16 Parking Total 12 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest Community Apartment Community Features Suburban Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 250000 Gross Scheduled Income 250000 Insurance Expense 0 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 150000 New Construction YN No Number Of Separate Gas Meters 16 Number Of Separate Water Meters 1 Operating Expense 100000 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Trash Expense 0 Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-22T00:29:20.747. 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 Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Arthur Tsai of Prime Realty (714-882-5881)