Skip To Content

1699 N Arrowhead Avenue

San Bernardino, CA 92405
  • $7,200,000
  • STATUS: Active
  • ON SITE: 102 Days
  • ID#: IG24104951
$7,200,000
  • 0
    BEDS
  • 0.94
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1970
County:

School Ratings & Info

Listing Agent(s): Susanne Hove of Keller Williams Realty Riv (951-776-5700) and Katelynn Brophy of KELLER WILLIAMS RIVERSIDE CENT(951-776-5700)


Description

Presenting a rare opportunity for investors committed to affordable housing solutions: a straightforward yet promising complex in San Bernardino. Featuring 42 units tailored for low-income residents, this property prioritizes accessibility and affordability above all else.Each unit offers practical living spaces with three 2-bedroom 1 bathroom units, 1 studio, 1 large master suite unit and thirty seven 1-bedroom 1 bathroom units providing essential accommodation for tenants. While this property offers two laundry facilities onsite, the simplicity of these units maximizes affordability for residents.

Monthly Payment Calculator



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-13T00:33:02.94. 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 Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/151230076
Print Image

1699 N Arrowhead Avenue San Bernardino, CA 92405

  • Price: $7,200,000
  • Status: Active
  • On Site: 102 Days
  • ID#: IG24104951
0
Beds
0
Baths
0
½ Baths
0.94
Acres
1970
Built
Neighborhood:
274 - San Bernardino
County:
San Bernardino
Area:
274 - San Bernardino
Property Description
Presenting a rare opportunity for investors committed to affordable housing solutions: a straightforward yet promising complex in San Bernardino. Featuring 42 units tailored for low-income residents, this property prioritizes accessibility and affordability above all else.Each unit offers practical living spaces with three 2-bedroom 1 bathroom units, 1 studio, 1 large master suite unit and thirty seven 1-bedroom 1 bathroom units providing essential accommodation for tenants. While this property offers two laundry facilities onsite, the simplicity of these units maximizes affordability for residents.
Exterior Features

Entry Level 1 Fencing None Lot Features LawnLot Over 40000 SqftLevelSprinkler SystemStreet LevelTreesYardFlat Parking Total 50 Roof Flat Sign On Property YN Yes Topography Level

Interior Features

Cooling Wall/Window Unit(s) Cooling YN Yes

Property Features

Additional Parcels YN Yes Building Name Arrowview Apartments Business Type Multi-Tenant Cap Rate 4 Common Interest Community Apartment Electric Standard Land Lease YN No Laundry Features Common Area Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New Loan Net Operating Income 376726 Number Of Units Leased 37 Property Sub Type Multi Family Security Features Carbon Monoxide Detector(s)Fire Detection SystemSmoke Detector(s) Special Listing Conditions Standard Utilities Electricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedWater Connected Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-13T00:33:02.94. 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 Realty ONE Group Empire. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372854259-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372854259-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372854259-2.jpg
Logo
Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Susanne Hove of Keller Williams Realty Riv (951-776-5700) and Katelynn Brophy of KELLER WILLIAMS RIVERSIDE CENT(951-776-5700)