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1479 N Lugo Ave
San Bernardino, CA 92404 Downtown San Bernardino

$1,179,500 USD

Apartments For Sale  •  8,316 SF

Property Details

  • Property Type Apartments
  • Total Building Size 8,316 SF
  • Lot Size 0.18 AC
  • Building Class C
  • Year Built 1972
  • Zoning R3, San Bernardino
43 Transit Score
60 Walk Score

Highlights

PREMIUM 6.00% RETURN: Lugo offers investors attractive in-place income and growth potential through rent increases.
DESIRABLE UNIT MIX: Comprised of six two-bedroom, one-bathroom units averaging 750 square feet.
STRONG RENTER DEMOGRAPHICS: San Bernardino’s housing stock is approximately 57% renter-occupied and 43% owner-occupied.
CENTRAL SAN BERNARDINO LOCATION: Located near Downtown San Bernardino, Inland Center Mall, San Manuel Stadium, and Glen Helen Regional Park.

Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
San Bernardino - Downtown Metrolink Station (Metrolink Inland Empire-Orange County Line - Metrolink Trains, Metrolink San Bernardino Line - Metrolink Trains) 7 min - 2.7 mi
San Bernardino (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 7 min - 3.3 mi
AirportDriveWalkDistance
Ontario International 31 min - 23.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
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Sebastian Diaz 909-827-0687 Marcus & Millichap