San Bernardino, CA 92410 823 W Orange Street
$1,050,000
15 more
Presented By: Jake Glaser with Lyon Stahl Investment Real Estate, Inc.;
Home Details
A fantastic 4-unit investment property located in San Bernardino, CA. This beautifully renovated, turnkey property sits on a 4100 square foot lot with gated entry, secure parking, and low foot traffic as it resides at the end of a cul de sac. The property features 4 spacious units and 3,200 square feet of living area in total. The property features two (2) 1 bed 1 bath units, one (1) 2 bed 1 bath, and one (1) 3 bed 1 bath units. All of the units have been recently remodeled and re-rented, with two of the units eligible for immediate rent increases. This property has received over $100K of recent capital improvements including interior remodels, new exterior and interior paint, repaved concrete on the entire property, new landscaping, privacy fence, fixtures and appliances, floors and AC units for every unit. 823 W Orange St offers a strong Day 1 cash flow currently sitting at a 5.6% Cap Rate!
Presented By: Jake Glaser with Lyon Stahl Investment Real Estate, Inc.;
Interior Features for 823 W Orange Street
Bedrooms
Total Bedrooms8
Bathrooms
1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths4
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Street SuffixStreet
Total Stories2
General for 823 W Orange Street
Additional Parcels Y/NNo
AppliancesDishwasher, Microwave, Refrigerator, Dryer, Washer
Attached Garage No
Cap Rate5.71
Carport Y/NYes
CitySan Bernardino
Community FeaturesGated
CountySan Bernardino
Days on Market11
DirectionsMajor cross streets are W Base Line St and N E St, nearby downtown San Bernardino.
Entry LocationMain Level
Garage Y/NNo
Gross Income88740.0
HOA / Comm AssnNo
HeatingNone
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet4100.0
MLS Area274 - San Bernardino
MobileHomeRemainsYNNo
Net Operating Income59990.0
New ConstructionNo
Pool FeaturesNone
Private PoolNo
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesGatedCommunity
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameOrange
Total Units4
View Y/NNo
Waterfront Y/NNo
Year Built1948
Exterior for 823 W Orange Street
Building Area Total3200.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.0941
Lot Size Area4100.0
Lot Size UnitsSquareFeet
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAssigned, DetachedCarport
SpaNo
Total Parking4.0
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480