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Listed by Susanne Hove • Keller Williams Realty Riv
$5,250,000
$6,500,000 19.2%
Est. payment /mo
Sold on 05/07/2025
1699 North Arrowhead Avenue San Bernardino, CA 92405
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Key Details
Sold Price $5,250,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IG-24104951
Sold Date 05/07/25
Year Built 1970
Property Sub-Type Multi Family
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.
Location
State CA
County San Bernardino
Area 274 - San Bernardino
Interior
Cooling Wall/Window Units
Laundry Common Area
Exterior
Utilities Available Sewer Connected, Electricity Connected, Natural Gas Connected, Phone Connected
Building
Lot Description Treed Lot, Yard, Sprinkler System, Lawn, Level, Level with Street, Lot Over 40000 Sqft