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$ 1,695,000
Est. payment | /mo
6,533 SqFt
$ 1,695,000
Est. payment | /mo
6,533 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,533 sqft
Price per Sqft $259
MLS Listing ID CL25626887
HOA Y/N No
Year Built 1962
Lot Size 0.465 Acres
Acres 0.46
Property Sub-Type Other
Property Description
An 8 unit building offering a 6.37% cap rate, easy management, and a strong mix of two bedroom units plus a single story three bedroom home. 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 6,533 square feet of building area. Parking options include carports, open spaces, curb parking, and a garage for added storage or parking use. Most units are two bedroom one bath layouts, and the single story three bedroom home helps attract long term renters. Property features include dual pane windows, a new roof, an on site laundry room, and open grass areas. Each unit is separately metered for electricity and gas which helps lower owner expenses. The property is operating at a 10.58 GRM with about 16.3% 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. 555 W 25th Street is a clean, easy to run 8 unit offering that combines stable income, strong building features, and measurable ups
Location
State CA
County San Bernardino
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 0149175060000

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Listed by Oscar Diaz • Marcus & Millichap

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