For Sale
$750,000

933 Mountain View AveSan Bernardino, CA 92410

Prime location, strong NOI, 3 units.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional investment opportunity presents a well-maintained, single-story triplex located at 933 N Mountain View Avenue, San Bernardino, CA 92410. The property, built in 1956, sits on a 7,500 square foot lot and boasts a total of 2,018 square feet of living space. The building is classified as Class A and features three units: two two-bedroom, one-bathroom units and one one-bedroom, one-bathroom unit. Currently generating a Net Operating Income (NOI) of $3,920, with a cap rate of 0.52%, this property offers a proven income stream with a price per unit of $250,000 and an asking price of $750,000. The property's location in San Bernardino provides convenient access to major shopping centers, diverse dining options, entertainment venues, and freeway access, ensuring strong tenant demand and minimizing vacancy risk. The property is zoned RES and its well-maintained condition minimizes the need for significant upfront capital expenditures. This presents a compelling opportunity for long-term value creation in a growing market. The APN is 0140162240000. This is a truly exceptional opportunity for investors seeking stable cash flow and potential for appreciation in a desirable San Bernardino neighborhood.

Highlights

  • Triplex with three units: two 2/1s and one 1/1, generating strong NOI.
  • Well-maintained condition minimizing upfront capital expenditures.
  • Excellent long-term investment potential due to San Bernardino's growth and high demand for multifamily housing.

Property Details for 933 Mountain View Ave

Property type
Residential income homes, Apartment buildings
Square Feet
2,018 SF
Class
A
Year Built
1956
Buildings
1
Stories
1
Units
3

Location Insight

City
San Bernardino
County
San Bernardino
State
California
Latitude
34.116397505391
Longitude
-117.2873775914
933 Mountain View Ave, San Bernardino, California

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933 Mountain View Ave
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