670 Arrowhead AveSan Bernardino, CA 92401

Property Details for 670 Arrowhead Ave

Year built

1954

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.35 AC

Property size (Sq ft)

5,211 SF

Property type

Office properties

Property subtype

Other office properties

APN

0135-021-14-0000

APU

135021140000

Description

This exceptional 6,211-square-foot executive office building, located at 670 N Arrowhead Ave in San Bernardino, CA 92401, presents a unique investment opportunity. Built in 1954 and completely renovated in 2024, this two-story building sits on a 0.35-acre lot and boasts a fresh interior and exterior, including new paint, flooring, restrooms, landscaping, and soon-to-be-installed HVAC units. The property features 25 parking spaces within a private fenced lot, providing ample convenience for employees and clients. Its strategic location offers immediate access to federal, state, county, and city centers, maximizing its appeal and potential. The building is zoned Commercial Regional-2 (verification recommended with the City of San Bernardino) and has an APN of 0135-021-14. The layout allows for up to six possible office suites, offering flexibility for various business needs. This turnkey property is ready for immediate occupancy and represents a compelling investment in a thriving urban center. The building's recent comprehensive renovation ensures modern functionality and aesthetic appeal, making it an attractive option for a wide range of businesses. The ample parking and convenient location further enhance its desirability.

• CAP approach

  CAP return

  Valuation

  6%

  $1,215,501

  6.5%

  $1,122,001

  7%

  $1,041,858

• Comparable approach

  Method

  Valuation

  Relative Method

  $814,044

  Geo Method

  $1,664,037

• Alternative Use

  Use

  Valuation

  Residential

  $1,391,282

  Hospitality

  $1,274,406

  Educational

  $1,060,291

  Medical

  $1,096,756

  Retail

  $1,649,342

Location Insight

City

San Bernardino

County

San Bernardino

State

California

Latitude

34.1114

Longitude

-117.29

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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