221 E 19th Street, San Bernardino, CA 92404

$990,000
3,944
SqFt

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List Price
$990,000
Status
ACTIVE
MLS#
26848073
Year Built
1979
Living Sq. Ft
3,944
Lot Size
7,500
Acres
0.17
Days on Market
43
Property Type
Multifamily
Stories
Multi Level

Property Description

Four townhouse-style units delivered completely vacant create a rare opportunity to lease at market rents from day one. The property consists entirely of two bedroom, two bathroom, two story townhouse style units designed to provide a more residential living experience than traditional apartment product. Each unit features a private backyard patio, central air conditioning, washer and dryer hookups, and dedicated carport parking. The property is separately metered for gas and electricity, helping keep owner utility expenses low. The townhouse layouts and private outdoor space create strong tenant appeal and provide a competitive advantage compared to many nearby apartment properties. With all units vacant, a new owner has the ability to establish market rents from day one without inheriting below market leases. Located in San Bernardino, the property offers convenient access to the 215 and 210 freeways along with nearby shopping, schools, and major employment centers throughout the Inland Empire. The ability to immediately establish market rents, combined with reduced owner utility responsibilities, creates an opportunity to increase income from day one while building long term value.

Additional Information

Attached Structure
Detached
Number Of Units Total
4

Listing courtesy of Listing Agent: Oscar Diaz (Oscar.Diaz@marcusmillichap.com) from Listing Office: Marcus & Millichap.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.