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1721 N Fairfax Dr
San Bernardino, CA 92404 Pacific

$2,400,000 USD

Apartments For Sale • 14,136 SF

Property Details

Property Type Apartments
Total Building Size 14,136 SF
Lot Size 0.65 AC
Building Class C
Year Built 1963
Zoning RM, San Bernardino

30 Transit Score

40 Walk Score

                
                    Highlights
                
                                Recent $590,000 Price Reduction. 
                            
                                Current Offering Actual CAP Rate of 5.31% /  ProForma CAP Rate of 7.98%. ProForma CAP Rate is based on Leveling off Current Rents
                            
                                Current GRM of 8.20 WIth a ProForma GRM of 7.35
                            
                                Units have been modernized with new flooring, fresh paint, fixtures, fixtures, kitchens & bathrooms, reducing near-term maintenance 
                            
                                16 spacious two-bedroom, one-bathroom units, each averaging 884 square feet.
                            
                                Ample parking, individually metered utilities.

Amenities

Air Conditioning
Laundry Facilities
Heating
Grill
Oven
Range

Public Transportation

Commuter Rail	Drive	Walk	Distance
	11 min	-	4.5 mi
	10 min	-	4.9 mi
Airport	Drive	Walk	Distance
Ontario International	36 min	-	25.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	16
Type:	Covered
Included in Rent:	Yes

Anthony Le 714-423-3819 Le Investment Group

1721 N Fairfax Dr San Bernardino, CA 92404 Pacific