San Bernardino, CA 92405 1699 N Arrowhead Avenue
$6,500,000
Pending
59 more
Presented By: Susanne Hove with Keller Williams Realty Riv; 951-255-7344
SQFT • 22,209
Year Built • 1970
Home Details
Presenting a rare opportunity for investors committed to affordable housing solutions: a straightforward yet promising complex in San Bernardino. Featuring 42 units tailored for low-income residents, this property prioritizes accessibility and affordability above all else.
Each unit offers practical living spaces with three 2-bedroom 1 bathroom units, 1 studio, 1 large master suite unit and thirty seven 1-bedroom 1 bathroom units providing essential accommodation for tenants. While this property offers two laundry facilities onsite, the simplicity of these units maximizes affordability for residents.
Presented By: Susanne Hove with Keller Williams Realty Riv; 951-255-7344
Interior Features for 1699 N Arrowhead Avenue
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
LivingAreaSourceAssessor
Total Stories2
Other Rooms
Entry Level1
General for 1699 N Arrowhead Avenue
Additional Parcels Description0146102260000
Additional Parcels Y/NYes
Attached Garage No
Building Area UnitsSquareFeet
Building NameArrowview Apartments
Business TypeMultiTenant
Cap Rate4.0
Carport Y/NNo
CitySan Bernardino
CoolingWallWindowUnits
CountySan Bernardino
Current UseMultiFamily
DirectionsW Base Line St. Drive to N Arrowhead Ave
ElectricStandard
Electric On Property Y/NNo
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet40950.0
Lot Size UnitsSquareFeet
MLS Area274 - San Bernardino
MobileHomeRemainsYNNo
Net Operating Income376726.0
New ConstructionNo
Number Of Units Total42
Number of Units Leased37
Occupancy TypeTenant
Property Attached Y/NNo
Property Sub Type AdditionalMultiFamily
Property SubtypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
RoofFlat
Security FeaturesCarbonMonoxideDetectors, FireDetectionSystem, SmokeDetectors
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
TopographyLevel
UtilitiesElectricityConnected, NaturalGasConnected, PhoneConnected, SewerConnected, WaterConnected
Waterfront Y/NNo
Year Built1970
Year Built SourceAssessor
Exterior for 1699 N Arrowhead Avenue
Building Area Total22209.0
Crops Included Y/NNo
FencingNone
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLawn, LotOver40000Sqft, Level, SprinklerSystem, StreetLevel, Trees, Yard, Flat
Lot Size Acres0.9401
Lot Size Area40950.0
Lot Size SourceAssessor
Number of Buildings2
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking50.0
Water SourcePublic
Additional Details
Price History
Keegan Cin
Team Lead
