1560 E DateSan Bernardino, CA 92404

Description

An 8 unit building offering a 6.75% cap rate, easy management. The property sits in a quiet San Bernardino pocket and offers reliable income with room for rent growth. It sits on about half an acre with roughly 7138 square feet of building area. Parking options include carports, open spaces, curb parking. All of units are two bedroom one bath layouts with central AC and wood floors helps attract long term renters. Property features include dual pane windows, a part of new roof, an on site laundry room, and open no grass areas. Each unit is separately metered for electricity and gas which helps lower owner expenses. The property is around 10% rent upside which gives buyers a clear and simple path to stronger cash flow. Strong renter demand in this area supports year round occupancy. The location provides quick access to the 210, 215, and 10 freeways along with nearby retail and services that support long term renter stability. This area offers an easy commute to major Inland Empire employment centers. Date Street is a clean, easy to run 8 unit offering that combines stable income, strong building features, and measurable upside in a proven San Bernardino rental pocket.

Property Information

Property type

Residential Income

Sub-type

Apartment

Year built

1983

Stories

2

Building area

7,138 Sq Ft

Lot size

0.30 acres

Days on market

154

MLS^® Listing#

OC26096726

Property Features

Interior

Walk-In Closet(s)

Cooling

Central Air

Fireplace

None

Pool

None

Laundry

Laundry Room

Community

Sidewalks

Sewer

Public Sewer

Water source

Public

Rooms

Financial Details

HOA

None

Parcel number

0272132200000

Directions

Cross Streets: Date/Del Rosa