1721 N Fairfax Drive N, San Bernardino, CA 92404
Property · 2 recorded sales since 2012
Sold February 2015
Listing Agent: Mike Sadeghi (DRE #01088115) · Listing Office: Pridemark Group · Contact: 949-502-5999 · Bought with: Mike Sadeghi · Pridemark Group · MLS #OC15001877 · Source: CRMLS
About this property
ABSENTEE AND MOTIVATED SELLER: Price reduced $70,000.00 for quick sale. Owner might finance with substantial down payment (Call broker for details).This multifamily asset, next to school, consists of 16 units that are made up of all 2 Bd 1 bath units. This large parcel has 4 separate buildings each housing 4 units with a center courtyard. the buildings are two stories each- 2 units up, 2 units down. All units with kitchen and dinning area and large living rooms. Building has laundry room and carport parking for all tenants. According to title records, there's a gross square footage of 14,136 which calculates to an average square footage of 884 per unit and $80.00 per square ft. (Buyer should verify). Last two years the owner has spent close to 160k to remodel units and has plan to convert units to section 8 rentals which should be around $895.00 per unit in that area (buyer should do his/her due diligence). Remodeling is almost done and they are working on the last two units. Most units have ceramic tile, wood and carpet so low maintenance. 16 separate gas and electrical meters. Landlord pays for water and trash/tenant pays for gas and electricity. Please drive by and do not tell the manager or tenants the building is for sale.
Listing description from the February 2015 sale, as reported to CRMLS.
Sale history
