1118 N G Street
San Bernardino, CA 92410

  • – beds
  • – baths
  • – sqft
  • 6,969 sqft lot
  • 1934 build
  • on site

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ProForma Cap Rate of 6.99%. Great investment opportunity with this Triplex composed of 2 attached 1 bedroom/1 bathroom, 650+ sqft units, fronting North G street and 1 detached 1 bedroom/1 bathroom, 650+ sqft SFR with private access. The duplex has been updated throughout ownership and both units are currently tenant occupied. The rear detached SFR has been completely redone ($40,000-$45,000) with new kitchen cabinets, windows, electrical wiring, copper plumbing, flooring and is ready for its future owners or for tenants already on waiting list. Electrical and gas meters are individual to each unit and each unit has access to its own private garage. This neighborhood has a high demand for housing and demonstrates a 100% occupancy location. The City of San Bernardino has experienced a spectacular boom in job creation with the continued development of warehouses and distribution centers like Amazon. The expansion of the San Bernardino International Airport along with the new development of the 48.2 acre Carousel District site continues to create higher demand for affordable housings and this property is ideally located to take full advantage. The property is located just minutes from some of Southern California largest employers.

California Regional MLS logo Listed By CRMLS_CA / WAYNE KRENTEL / LE INVESTMENT GROUP

Last checked: Checking… • Last updated Apr 3, 2024 •

MLS# IV20088046 —

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Sale history

Date Event Source Price % Change
8/13/20
Sold CRMLS_CA $365,000 -2.6%
7/25/20
Pending CRMLS_CA $374,900
7/7/20
Sold Subject To Contingencies CRMLS_CA $374,900

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Multifamily Sold on 8/13/2020

$365,000

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Listing provided by broker:

WAYNE KRENTEL

LE INVESTMENT GROUP

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California Regional MLS logo Listing Courtesy of: CRMLS_CA and LE INVESTMENT GROUP. Based on information from California Regional Multiple Listing Service, Inc. as of 17:06 on Apr 26.

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