Property · 2 recorded sales since 2018
Listing Agent: Azhar Sabir (DRE #01346363) · Listing Office: Shamoon Sikora, Broker · Contact: 951-966-7861 · Bought with: Melinda Zoller · Melinda Zoller, Broker · MLS #PW20207187 · Source: CRMLS
Nestled in the heart of San Bernardino. With new Section 8 Rents (attached), there is a 10-25% Upside. A real cashflow Workforce Property with a 100% occupancy historic occupancy. Located near all the daily amenities and jobs in the area, this property can serve as a stable cash flow asset for the next buyer. The property is located just minutes away from the city's three major employers from San Manuel Casino, California State University, and San Bernardino Medical Center. San Bernardino has also become the next hub for Amazon with over 25 flights coming into the city's airport. The property consists of one 2 beds, 4 1 beds, and 5 studios. With 60% of the tenants belonging to Section 8, the property is COVID proof and cranks out cash flow every month.
Listing description from the March 2021 sale, as reported to CRMLS.