933 Mountain View AveSan Bernardino, CA 92410

Property Details for 933 Mountain View Ave

Year built

1956

Property size (Sq ft)

2,018 SF

Property type

Investment properties

Property subtype

Multifamily properties

Description

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.

Location Insight

City

San Bernardino

County

San Bernardino

State

California

Latitude

34.1164

Longitude

-117.287

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