314 W W 5th Street

    San Bernardino, CA 92401
    • $695,000
    • STATUS: Active
    • ON SITE: 37 days
    • ID#: AR18264969
    UPDATED: 32 min ago
    $695,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,400
      SQFT
    • $158
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1950
    County:

    School Ratings & Info

    Description

    Growth Investment Group is proud to offer 314 W 5th Street, an 8-unit, NON rent-controlled apartment building in the City of San Bernardino. This investment opportunity consists of 8-units composed of 5 studios and 3 +GG 1bedroom 1 bathroom units. It is located in the Downtown District near City Hall within walking distance to many county/federal jobs located in the San Bernardino court houses, assessor+GGs office, U.S. social security offices as well as a Superior Courthouse of California. This property provides excellent access to all amenities that the City of San Bernardino has to offer. The property has 1 building consisting of 8 units and a secure indoor entry hallway. Behind the building is comprised of ample parking spaces with 5 single car garages and 5 parking spaces. Each unit is separately metered for electricity and gas. The property has a very attractive unit mix with three 1bed+1bath units and five easy maintenance units that allow the demographics the city has to offer to be very well positioned close to all amenities and jobs.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T18:30:19.243. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.impactca.com/homes/89105781

    314 W W 5th Street San Bernardino, CA 92401

    • Price: $695,000
    • Status: Active
    • Updated: 32 min ago
    • ID#: AR18264969
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    4,400
    SQFT
    $158
    $/SQFT
    1950
    Built
    Neighborhood:
    699 - Not Defined
    County:
    San Bernardino
    Area:
    699 - Not Defined
    Property Description
    Growth Investment Group is proud to offer 314 W 5th Street, an 8-unit, NON rent-controlled apartment building in the City of San Bernardino. This investment opportunity consists of 8-units composed of 5 studios and 3 +GG 1bedroom 1 bathroom units. It is located in the Downtown District near City Hall within walking distance to many county/federal jobs located in the San Bernardino court houses, assessor+GGs office, U.S. social security offices as well as a Superior Courthouse of California. This property provides excellent access to all amenities that the City of San Bernardino has to offer. The property has 1 building consisting of 8 units and a secure indoor entry hallway. Behind the building is comprised of ample parking spaces with 5 single car garages and 5 parking spaces. Each unit is separately metered for electricity and gas. The property has a very attractive unit mix with three 1bed+1bath units and five easy maintenance units that allow the demographics the city has to offer to be very well positioned close to all amenities and jobs.
    Exterior Features

    Garage Spaces 5.00 Lot Features 6-10 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 5.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features None Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features CurbsSidewalksStreet LightingUrban Country Us Electric Expense 1080.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 66600.00 Gross Scheduled Income 66600.00 Insurance Expense 2700.00 Land Lease YN No Laundry YN No Net Operating Income 43983.00 New Construction YN No New Taxes Expense 9075.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Number Wall AC 8 Operating Expense 20619.00 Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Actual Rent 5550.00 Total Expenses 20619.00 Trash Expense 2364.00 Utilities Cable Available Water Sewer Expense 3000.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Matthew Guerra of Gig Real Estate Inc. and Handoko Chen of .


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-10T18:30:19.243. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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