7120 Perris Hill Road
San Bernardino, CA 92404
- – beds
- – baths
- – sqft
- 7,600 sqft lot
- 1936 build
- – on site
Highlights: Probate Trust Sale / ProForma CAP Rate of 7.07% Achieved at Market Rent. / Over $200,000 in Recent Capital Improvements / Four Spacious Units: Three (3) large 3-bedroom units and one (1) expansive detached single family residence of 4-bedrooms / Fully Renovated Interiors: All units feature new tile flooring, fresh paint, modern kitchen cabinets, sleek countertops, and brand-new windows throughout. / Recent Exterior Upgrades: Includes a newly replaced roof and carport roof for added durability and curb appeal / Income Potential: Tremendous upside in rental income, making it an excellent investment opportunity. / FHA Financing Option: Eligible for FHA financing with just 3.5% down, allowing owner-occupants to possibly live in the detached 4-bedroom home and rent the 3-bedroom units to offset their mortgage. / Move-In Ready: No immediate updates needed ready for tenants or owner-occupants!
Listed By CRMLS_CA / ALBERT LE / LE INVESTMENT GROUP / 909-256-7889
Last checked:
Checking…
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Last updated Nov 23, 2024
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MLS# IV24239161 —
The Building
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Year Built:1936
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Year Built Source:Assessor
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New Construction:No
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Entry Level:1
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Common Walls:1 Common Wall
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Building Area Total:4309.00
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Building Area Units:Square Feet
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# of Buildings:2
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Total Number Of Units:4
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Stories Total:1
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# of Separate Gas Meters:5
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# of Separate Water Meters:1
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# of Separate Electric Meters:5
Interior
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Levels:One
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Entry Location:1
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Laundry:Inside
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Laundry:1
Location
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Directions:Perris Hill Rd.
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Latitude:34.12459800
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Longitude:-117.26373100
The Property
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Property Type:Residential Income
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Subtype:Quadruplex
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Zoning:RM
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Lot Features:2-5 Units/Acre
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Lot Size Area:7600.0000
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Lot Size Acres:0.1745
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Lot Size SqFt:7600.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:2
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Tax Census Tract:63.03
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Tax Tract:1964
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Tax Lot:21
The Listing
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Special Listing Conditions:Trust
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Parcel Number:0273192010000
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Senior Community:No
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Features:Gutters
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Pool:None
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Private Pool:No
Parking
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Parking:Yes
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Parking:Carport, Detached Carport
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Parking Spaces:4.00
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Carport Spaces:4.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/22/24
Nov 22, 2024
|
Listed / Active | CRMLS_CA | $1,088,000 | 190.1% (20.3% / YR) |
7/17/15
Jul 17, 2015
|
CRMLS_CA | $375,000 |