7120 Perris Hill Road

San Bernardino, CA 92404

$1,088,000

List Price

N/A

bed Beds

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shower Baths

N/A sqft

straighten / sqft

1936

calendar_month Built

Property Description

Highlights: Probate Trust Sale / ProForma CAP Rate of 7.07% Achieved at Market Rent. / Over $200,000 in Recent Capital Improvements / Four Spacious Units: Three (3) large 3-bedroom units and one (1) expansive detached single family residence of 4-bedrooms / Fully Renovated Interiors: All units feature new tile flooring, fresh paint, modern kitchen cabinets, sleek countertops, and brand-new windows throughout. / Recent Exterior Upgrades: Includes a newly replaced roof and carport roof for added durability and curb appeal / Income Potential: Tremendous upside in rental income, making it an excellent investment opportunity. / FHA Financing Option: Eligible for FHA financing with just 3.5% down, allowing owner-occupants to possibly live in the detached 4-bedroom home and rent the 3-bedroom units to offset their mortgage. / Move-In Ready: No immediate updates needed ready for tenants or owner-occupants!

Listing Information

List Price $1,088,000
Status Active
MLS IV24239161
Type Residential Income
Subtype Quadruplex
Year Built 1936
Lot Size 7,600
Structure Size N/A
DOM 12
Courtesy Of LE INVESTMENT GROUP
Listing Agent ALBERT LE DRE#01468313

Interior Features

Laundry Information
Location(s) Inside
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: ALBERT LE, LE INVESTMENT GROUP 909-256-7889. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 5:07 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.