1721 N Fairfax Drive, San Bernardino, CA 92404

About this property

Great investment for this 16 units apartment!!! Each unit consists of 2 beds 1 bath with an average Square footage of 884 per unit. The property is right next to school. Great CASH FLOW!!! 100% Occupied. Very low maintenance cost. The owner recently remodel the units. There are 4 separate buildings, with 4 different address: 1721,1725,1729 and 1731 Fairfax Dr., San Bernardino, all 4 building are in the same parcel. Each building has two stories and 4 units which is 2 units up and 2 units down. Each unit has one covered carport. Landlord pays for water and trash. Tenants pays for gas and electricity. The property is to be sold AS IS. Please drive by only, the manager or tenants doesn't aware the apartment is for sale. The onsite Manager receives $600/month credit toward her rent. **** VERY HIGH CAP RATE 8.73% ****

Listing description from the June 2018 sale, as reported to CRMLS.

Sale history

$2,020,000

Sold June 2018 · listed $1,999,900, on market March 2018 · MLS #OC18065252 · Source: CRMLS

Listing Agent: Kunyarin Visarutanun · Listing Office: Realty Benefit · Contact: 949-461-7900 · Bought with: Joanne Le · HPT Realty

$1,495,000

Sold September 2016 · listed $1,545,000, on market July 2016 · MLS #OC16148886 · Source: CRMLS

Listing Agent: Mike Sadeghi · Listing Office: Pridemark Group · Contact: 949-502-5999 · Bought with: Kunyarin Visarutanun · Realty Benefit

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