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1525 E Lynwood Drive, San Bernardino, CA 92404

Property

1525 E Lynwood Drive, San Bernardino, CA 92404 Sold November 2015 CRMLS
$2,055,000Sold November 2015

Listing Agent: ALBERT LE (DRE #01468313) · Listing Office: LE INVESTMENT GROUP · Contact: 909-259-9950 · Bought with: Ami Endo · Realty One Group Inc · MLS #IV15182453 · Source: CRMLS

11,000 sqft
Lot Size
1984
Year Built
Property
Type
2
Stories
0
Garage
Yes
Pool

How this sale compares

1525 E Lynwood Drive sold for $2,055,000 in November 2015, 4.4% under its $2,150,000 list price, after 80 days on the market. Across 208 closed sales in 92404 over the last 12 months, the median sold price is $512,500 and the median is $358 per square foot.

$358
92404 median per sq ft (12 mo)
$512,500
92404 median sold price (12 mo)
208
Closed sales in 92404 (12 mo)
80
Days on market
−4.4%
Sold vs. list price
QuarterClosed sales in 92404Median sold price
Q1 202621$530,000
Q2 202689$515,000
Q3 202698$501,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in San Bernardino · Homes for sale in 92404

Description

INVESTMENT HIGHLIGHTS: Competitive Offering Actual CAP Rate of 6.24 %, Competitive Offering Actual GRM of 9.20, $13,000 Per Unit of Capital
 Improvements, Non-Rent Control Community & Area, The Apartment is 96 % Occupied & Rental Comparables Illustrate a 96 % Occupancy Area, New Roof & Updated Copper Plumbing Throughout, Pride Of Ownership, Absolute Turn Key Financeable Asset. The Copper Canyon Apartments is situated on a 11,000 Sq. Ft. Lot. This twenty five unit apartment community is composed of 17 one bedroom / one bathroom units and 8 two
 bedroom / two bathroom units. The property has underwent recent improvements such as:A New Roof With 30 Year Warranty, Updated Copper Plumbing Throughout, All New Double Pane Vinyl Windows Throughout, Top of the Line Surveillance System, New Security Doors on All Units, New Exterior Paint, Building & Surrounding Fences, Pool was Re-plastered With All New Filtration System to Code, Heightened Security Gates, New Laundry Room With $3,000 Annual Income, New Playground Area & Landscaping. The unit improvements include: $13,000+ Renovation / Per unit, New Interior Paint, New Lamanite Flooring Throughout, New Kitchen Cabinets With Granite Countertops Throughout, Tiled Backsplashes, New Appliances, & New Bathroom Cabinets.

Listing description from the November 2015 sale, as reported to CRMLS.

Sale history

$2,055,000
Sold November 2015 · listed $2,150,000, on market August 2015, 80 days on market · MLS #IV15182453 · Source: CRMLS
Listing Agent: ALBERT LE · Listing Office: LE INVESTMENT GROUP · Contact: 909-259-9950 · Bought with: Ami Endo · Realty One Group Inc

Recent sales near 1525 E Lynwood Drive

Closed sales reported in 92404, nearest first, last 12 months. All recent sales in San Bernardino →

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Sale history for this address is based on MLS-reported closed transactions provided through CRMLS. Information is deemed reliable but not guaranteed and should be independently verified. Nalren does not provide price estimates or valuations.

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