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2352 Leroy St
San Bernardino, CA 92404 Wilson

$5,800,000 USD

Apartments For Sale  •  24,551 SF

Property Details

  • Property Type Apartments
  • Total Building Size 24,551 SF
  • Lot Size 1 AC
  • Building Class C
  • Year Built 1960
  • Cap Rate 5.01 %
  • Zoning RMH, San Bernardino
40 Transit Score
71 Walk Score

Highlights

Solid Rental Location in the City of San Bernardino
Well Maintained Property Situated on Large 43,549 SF Lot
Excellent Unit Mix of One- & Two-Bedroom Units | Average Unit Size of 743 Square Feet
Historically High Occupancy
Value-Add Opportunity | Approximately 27% Rental Upside Potential through Continued Interior & Exterior Renovations
Property Features Include: Mature Landscaping, Laundry Facilities, Gated Community Pool, BBQ Grill, Rentable Storage, Carport and Surface Parking

Financial Summary (Actual)

Net Operating Income: $290,735 USD (2023)
Cap Rate: 5.01 %
Total Expenses: $230,424 USD

Amenities

  • Air Conditioning
  • Controlled Access
  • Courtyard
  • Laundry Facilities
  • Pool
  • Security System
  • Storage Space
  • Gated
  • Heating
  • Recycling
  • Kitchen
  • Oven
  • Carpet
  • Grill
  • Smoke Free
  • Vinyl Flooring

Public Transportation

Commuter RailDriveWalkDistance
9 min - 3.9 mi
San Bernardino (Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink)) 9 min - 4.2 mi
AirportDriveWalkDistance
Ontario International 33 min - 24.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Eric Chen 909-418-2071 CBRE, Inc.
Eric Chen 909-418-2071 CBRE, Inc.