Properties
San Bernardino, CA 92404 141 E 42nd Street
$3,795,000
8 more
Presented By: Oscar Diaz with Marcus & Millichap;
Baths • 12
SQFT • 12,502
Home Details
A 20-unit multifamily property in North San Bernardino offered at a 6.02% cap rate and 10.77 GRM with immediate upside available in rents. Built in 1976, the property sits on a 22,950 square foot lot with 12,502 rentable square feet and a unit mix of 12 one-bedroom and 8 two-bedroom units. The building has seen meaningful capital improvements in recent years including new windows, a resurfaced parking lot, fresh paint, and a roof replacement. On-site laundry and secured gated parking with 23 spaces. Strong renter demand in the area supports consistent occupancy. The location offers convenient access to the 215 and 10 freeways with nearby retail and major Inland Empire employment centers.
Presented By: Oscar Diaz with Marcus & Millichap;
Interior Features for 141 E 42nd Street
Bedrooms
Total Bedrooms
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths
Other Interior Features
Total Stories2
General for 141 E 42nd Street
Cap Rate6.02
CitySan Bernardino
CountySan Bernardino
DirectionsFrom the 210 Freeway, exit Waterman Ave and head north. Turn left on E 40th Street. Turn right on 42nd Street. Property is located at 141 E 42nd Street on the right.
Full Baths
Gross Income352500
HOANo
LevelsTwo
Living Area12502
Lot Size Square Feet22950
Lot Size UnitsSquare Feet
MLS Area274 - San Bernardino
Net Operating Income228509
New ConstructionNo
Number Of Units Total20
PostalCitySAN BERNARDINO
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Year Built1976
Exterior for 141 E 42nd Street
Building Area Total12502
Lot Size Acres0.5269
Lot Size Area22950
Number of Buildings1
Total Parking23
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
