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1098 Acacia Avenue, San Bernardino, CA 92410

Property · 2 recorded sales since 2018

1098 Acacia Avenue, San Bernardino, CA 92410 Sold March 2021 CRMLS
$950,000Sold March 2021

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

6,200 sqft
Lot Size
1915
Year Built
Property
Type
10
Garage

About this property

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.

Sale history

$950,000
Sold March 2021 · on market October 2020 · MLS #PW20207187 · Source: CRMLS
Listing Agent: Azhar Sabir · Listing Office: Shamoon Sikora, Broker · Contact: 951-966-7861 · Bought with: Melinda Zoller · Melinda Zoller, Broker
$665,000
Sold July 2018 · listed $695,000, orig. $715,000, on market November 2017 · MLS #IV17258020 · Source: CRMLS
Listing Agent: ALBERT LE · Listing Office: LE INVESTMENT GROUP · Contact: 909-256-7889 · Bought with: Azhar Sabir · Shamoon Sikora, Broker
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