1660 N E Street, San Bernardino, CA 92405

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Property Description

Well maintained 14 units with a mix of 3 studios, 9 one bedrooms, and 2 two bedrooms, all with one bath. Mostly long-term tenants. Close to San Bernardino High School and the 215 freeway. 5.37% cap rate on actual rents and expenses. HUGE upside in rents. Long-term owner has left rents low. Market GSI is $201,000. Market GRM is 8.95. Market cap rate is 9.16%.


Interior Features

Laundry Information
Location(s) Common Area
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Flooring Information
Material Carpet, Laminate
Interior Information
Cooling Type Wall/Window Unit(s)

Listing Information

Address 1660 N E Street
City San Bernardino
State CA
Zip 92405
County San Bernardino
Listing Agent Michael Lembeck DRE #01019397
Courtesy Of Citivest Realty Services, Inc
List Price $1,800,000
Status Active
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 9,240
Year Built 1934

Listing information courtesy of: Michael Lembeck, Citivest Realty Services, Inc. *Based on information from the Association of REALTORS/Multiple Listing as of Feb 8th, 2025 at 8:46 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.