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25678 6th Street

San Bernardino, CA 92410
  • $920,000
  • STATUS: Active Under Contract
  • ON SITE: 17 Days
  • ID#: IG22096188
Under Contract
UPDATED: 43 min ago
$920,000
  • 0
    BEDS
  • 0.45
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1957
County:

School Ratings & Info

Listing Agent(s): Ken Shah of Trident Real Estate (951-803-7676)


Description

This is a great opportunity to own 4 units with a huge lot and a lark parking area. Three units are under one roof and one unit is separate. Both structures have ample parking for the tenant with a big front, back and side yard. All units have individual addresses. Three units have 6th street address and one has Sterling St address. Unit A - 25678 6th st - 3br/ 2bath - Rent $1578 - Market rent is $2000 - Updated new bathroom, new plumbing and water heater in the last 2 years. Unit B - 25666 6th St - 1br/1 bath - Rent $910 - Market rent is $1100 - Installed new bathroom in last 2 years (gas and water paid by landlord). Unit C - 25664 6th St - 1br/1 bath - Rent $1040 - Market rent is $1200 - New flooring in last 2 years (all utilities paid by landlord). Unit D - 7890 Sterling St - 3br/ 1 bath with a 2 car garage - Rent $1697 - Market rent is $2000 - New laundry area updated, paint and new flooring in last two years. There is a coin laundry machine which generates an average $200 per month with a new machine that was serviced recently. Landlord pays for gas, electric with unit C and for the laundry area. All the tenants have been on the property for 2 to 9 years. Always on time. The insurance is 2 individual policies @ $1800 a year. The landlord pays for gas, water and trash. Water and sewer are $400/mo average, trash is approx. $120/mo, & gas is $200/mo average - all rent is deposited in the bank on the 1st every month.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T18:29:49.88. 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 or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/128530737
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25678 6th Street San Bernardino, CA 92410

  • Price: $920,000
  • Status: Active Under Contract
  • On Site: 17 Days
  • Updated: 43 min ago
  • ID#: IG22096188
0
Beds
0
Baths
0
½ Baths
0.45
Acres
1957
Built
Neighborhood:
274 - San Bernardino
County:
San Bernardino
Area:
274 - San Bernardino
Property Description
This is a great opportunity to own 4 units with a huge lot and a lark parking area. Three units are under one roof and one unit is separate. Both structures have ample parking for the tenant with a big front, back and side yard. All units have individual addresses. Three units have 6th street address and one has Sterling St address. Unit A - 25678 6th st - 3br/ 2bath - Rent $1578 - Market rent is $2000 - Updated new bathroom, new plumbing and water heater in the last 2 years. Unit B - 25666 6th St - 1br/1 bath - Rent $910 - Market rent is $1100 - Installed new bathroom in last 2 years (gas and water paid by landlord). Unit C - 25664 6th St - 1br/1 bath - Rent $1040 - Market rent is $1200 - New flooring in last 2 years (all utilities paid by landlord). Unit D - 7890 Sterling St - 3br/ 1 bath with a 2 car garage - Rent $1697 - Market rent is $2000 - New laundry area updated, paint and new flooring in last two years. There is a coin laundry machine which generates an average $200 per month with a new machine that was serviced recently. Landlord pays for gas, electric with unit C and for the laundry area. All the tenants have been on the property for 2 to 9 years. Always on time. The insurance is 2 individual policies @ $1800 a year. The landlord pays for gas, water and trash. Water and sewer are $400/mo average, trash is approx. $120/mo, & gas is $200/mo average - all rent is deposited in the bank on the 1st every month.
Exterior Features

Architectural Style Modern Carport Spaces 6 Carport YN Yes Direction Faces South Exterior Features Lighting Fencing Chain LinkWood Foundation Details Concrete Perimeter Lot Features Back YardCorner LotFront YardGardenSprinklers In FrontLawnPavedYard Number Of Separate Electric Meters 4 Open Parking Spaces 6 Parking Features GaragePavedOne Space Parking Total 14 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Roof Shingle Spa Features None Spa YN No View Neighborhood View YN Yes

Interior Features

Accessibility Features No Stairs Appliances Gas OvenGas RangeWater Heater Common Walls 2+ Common Walls Cooling Wall/Window Unit(S) Cooling YN Yes Door Features Insulated Doors Flooring Tile Heating Wall Furnace Heating YN Yes Interior Features All Bedrooms DownUtility Room

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsStorm Drain(S)Street LightsSidewalks Contingency This is 1031 Exchange With No Cost To The Buyer. Disclosures Home Warranty Electric Standard Electric Expense 1650 Fuel Expense 2400 Garage YN Yes Gross Income 65100 Gross Scheduled Income 65100 Insurance Expense 1600 Land Lease YN No Laundry Features Common AreaOutside Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional1031 ExchangeSubmit Net Operating Income 53210 New Construction YN No Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 11890 Possession See Remarks Property Condition Turnkey Property Sub Type Quadruplex Rent Control YN Yes Security Features Carbon Monoxide Detector(S)Fire Detection SystemSmoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1440 Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Sewer Expense 4800 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-28T18:29:49.88. 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 or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Ken Shah of Trident Real Estate (951-803-7676)