901 N Arrowhead Avenue presents a 20-unit multifamily investment opportunity in San Bernardino. The property consists of eighteen one-bedroom/one-bathroom units and two two-bedroom/one-bathroom units totaling approximately 11,182 rentable square feet. Offered at $3,100,000 ($155,000 per unit), the property provides a 6.01% current CAP rate with upside to a 6.51% pro forma CAP rate. Additional features include gated access and master metered gas, electricity and water. Conveniently located near Downtown San Bernardino with access to I-215, I-210, and I-10, as well as nearby shopping, dining, healthcare, public transportation, and employment centers throughout the Inland Empire.
| MLS | IV26202945 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1928 |
| Days On Site | 12 |
| Listing Provided By | LE INVESTMENT GROUP | DARREN CORREA |
| SQ Feet | 11,182 |
|---|---|
| Story(s) | 2 |
| Units | 20 |
| Building(s) | 1 |
| Acreage | 0.15 |
| Lot Features | Sixteen To Twenty Units Acre |
|---|
| Parking Features | On Street |
|---|---|
| Garage Yes / No | No |
| Sewer | Public Sewer |
|---|
| Community Features | Mountainous, Sidewalks |
|---|
| State | CA |
|---|---|
| County | San Bernardino |
| City | San Bernardino |
| Zip Code | 92410 |
| Area | 274 San Bernardino |
| Listing VS Median (in 92410) | |
Price: $3,100,000 low | high Med: $465,000 sqft: 11,182 low | high Med: 1,325 $ / sqft: $277 low | high Med: $351 On site: 12 low | high Med: 48 | |
| State | CA |
|---|---|
| County | San Bernardino |
| City | San Bernardino |
| Zip Code | 92410 |
| Area | 274 San Bernardino |
| Listing VS Median (in 92410) | |
Price: $3,100,000 low | high Med: $465,000 sqft: 11,182 low | high Med: 1,325 $ / sqft: $277 low | high Med: $351 On site: 12 low | high Med: 48 | |