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7120 Perris Hill Rd
San Bernardino, CA 92404 Pacific

$1,088,000 USD

Apartments For Sale  •  3,625 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,625 SF
  • Lot Size 0.43 AC
  • Building Class C
  • Year Built 1967
  • Zoning R3, San Bernardino
0 Transit Score
37 Walk Score

Highlights

Probate Trust Sale / ProForma CAP Rate of 7.07% Achieved at Market Rent
Over $200,000 in Recent Capital Improvements
Fully Renovated Interiors: All units feature new tile flooring, paint, modern kitchen cabinets, sleek countertops, & brand-new windows throughout
Eligible for FHA financing with just 3.5% down, allowing owner-occupants to possibly live in-one and rent the others to offset mortgage.
Rents Are Below Market With Tremendous Upside Potential For Added Income Growth Over The Foreseeable Future
Fully Gated Property With Ample Onsite Covered & Open Parkin / New Carports / Roof / Support Poles

Amenities

  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
San Bernardino - Tippecanoe Metrolink Station (Metrolink San Bernardino Line - Metrolink Trains) 8 min - 3.7 mi
San Bernardino - Downtown Metrolink Station (Metrolink Inland Empire-Orange County Line - Metrolink Trains, Metrolink San Bernardino Line - Metrolink Trains) 8 min - 3.7 mi
AirportDriveWalkDistance
Ontario International 33 min - 24.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 3
Type: Surface
Included in Rent: Yes
Anthony Le 909-256-7889 Le Investment Group
Anthony Le 909-256-7889 Le Investment Group