San Bernardino, CA 92405 1660 N E Street
$1,710,000
Presented By: Michael Lembeck with Citivest Realty Services, Inc; 714-742-3700
Beds • 13
Baths • 8
SQFT • 8,595
Year Built • 1934
Home Details
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. 5.65% 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 8.5. Market cap rate is 9.88%.
Presented By: Michael Lembeck with Citivest Realty Services, Inc; 714-742-3700
Interior Features for 1660 N E Street
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Laminate
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2
Other Rooms
Entry Level1
General for 1660 N E Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate5.65
Carport Y/NNo
CitySan Bernardino
Community FeaturesCurbs, StreetLights, Suburban
Construction MaterialsStucco
ContingencyNone
CoolingWallWindowUnits
CountySan Bernardino
DirectionsN/16th
ElectricStandard
Electric On Property Y/NNo
Entry Location1/2
Garage Spaces0.0
Garage Y/NNo
Gross Income131340.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet9240.0
Lot Size UnitsSquareFeet
MLS Area274 - San Bernardino
MobileHomeRemainsYNNo
Net Operating Income96763.0
New ConstructionNo
Number Of Units Total14
Operating Expense31951.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
RoofComposition
Senior Community Y/NNo
SewerSewerTapPaid
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot13
Tenant PaysElectricity, Gas, Telephone
Total Actual Rent10745.0
Trash Expense0.0
UtilitiesCableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable, SewerConnected, WaterConnected
ViewNeighborhood
Water Sewer Expense0.0
Waterfront Y/NNo
Year Built1934
Year Built SourceAssessor
Exterior for 1660 N E Street
Building Area Total8595.0
Crops Included Y/NNo
FencingWroughtIron
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSixteenToTwentyUnitsAcre
Lot Size Acres0.2121
Lot Size Area9240.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters14
Number of Separate Gas Meters14
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDriveway
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking0.0
Water SourcePublic
Additional Details
Price History
Alexandra Eston
Sales Associate
Price
$1,710,000
MLS#PW25027069
List Date
02/05/2025
Property Type
Multi-Family
Phone
(562) 537-4182
