2401 Sepulveda Avenue, San Bernardino, CA 92404
Property · 2 recorded sales since 2015
Sold August 2018
Listing Agent: KRISTOPHER GERMAN (DRE #01800021) · Listing Office: RE/MAX 2000 · Contact: 909-948-2988 · Bought with: KRISTOPHER GERMAN · RE/MAX 2000 · MLS #CV18131745 · Source: CRMLS
About this property
We are pleased to offer for sale this 12 unit investment property located in the highly dense rental community of San Bernardino. Constructed in 1987 the subject property is comprised of 8(2Bed/1Bath) units & 4(1Bed/1Bath) units all of which are separately metered for electricity and gas. Tenants enjoy an onsite laundry facility as well as onsite open space parking. Offered at a 5.92% entry Cap Rate, a new investor can take advantage of leveling rents to market level which would offer a 9.46% Cash-on-Cash return. (*Rents rates shown take effect 7/18/18)
Listing description from the August 2018 sale, as reported to CRMLS.
Sale history
