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Tamra Frost

[email protected] +1(619) 890-7688

$849,950

Est. payment - /mo

8 Beds

4 Baths

10,813 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26109772

Bedrooms 8

Lot Size 10,813 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

Value-Add Quadplex Rent Upside in High-Demand San Bernardino A well-located four-unit investment offering genuine upside for the buyer who wants to add value and grow income over time. Currently fully leased with rents below current market, the property gives a new owner a clear, executable path to stronger returns as units are improved and rents are brought in line with the area, a classic value-add profile in a submarket with consistent tenant demand. Rent increases have been noticed and take effect in July, with additional upside available as units turn. Each of the four units is a spacious 2 bed / 1 bath with a full kitchen and comfortable living area, a unit mix with proven, durable demand. Two units are month-to-month and two are on annual leases, offering a mix of near-term repositioning potential and in-place stability. As units turn, a strategic interior refresh positions the property to perform in line with renovated comparables nearby. Detailed rent roll and pro forma available to qualified buyers upon request. Importantly, the major capital items are already handled, so improvement dollars go toward income-producing upgrades rather than deferred maintenance. A new 50-year roof done in 2021 and a reinforced septic system done in 2022 mean no near-term surprises on the big-ticket systems. The location is a strong driver of tenant demand. The property sits right next to the newly renovated Pacific High School, a major draw for family renters, and offers quick freeway access for easy commuting across the Inland Empire. Sited on a generous lot with an additional adj

Location

State CA

County San Bernardino

Zoning Assessor

Direction Situated on the corner of Pacific St. and Barton St.

Interior

Cooling Central Forced Air, Wall/Window

Fireplace No

Exterior

Utilities Available Septic Installed

View Y/N No

Building

Story 4

Level or Stories 4

Others

Senior Community No

Tax ID 0273102480000

Acceptable Financing Cash, Conventional, VA

Listing Terms Cash, Conventional, VA

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Listed by Bill Ung, DRE#02144184 IRN Realty

Nearby School & Business

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Tamra Frost

+1(619) 890-7688

Agent | CA BRE #01870290

Agent CA BRE #01870290

San Diego Communities

6915 Barton Street San Bernardino, CA 92404

Tamra Frost

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information