4 Plex – Perfect Fix and Flip for Top Dollar in San Bernardino, CA Sold

  • $343,000
  • 6 beds
  • 4 baths
  • 3393 sqft
Sold

Cross Streets: Perris Hill Park Rd & Pacific St

Price: $343,000.00

Type: Multi Family – 4 Plex

Beds: 6

Baths: 4

Floors: 2

Sq. Ft: 3393’sf

Year Built: 1949

Garage: 1 Car

Lot: .48 acres

ARV: $480-520,000

**OCCUPIED** Tenants Rights Please Do Not Disturb**
Contact Black Belt Investors for Access

(need to submit POF)
Rent or Flip! Here’s another great multi-family money-maker in San Bernardino. Perfect Fix and flip for top dollar and higher rents or basic fixes and rent.

This property has 4 units as follows:
Two Units: 1/1
One Unit: 2/1/1 car garage
One Unit: 3/1

INCOME
Rent rolls: 6952 = $950, 6954 = $600, 6958 = $550, 6960 = $750. Total monthly gross income $2,850 / Annual gross income $34,200.
Two tenants would like to stay if possible (they’re paying), the other two tenants have stopped paying rent. New owner will need to work with all tenants.
COMPS

2773 CONEJO DR 3,336 sqft Sold on 03/20/2018 for $480,000
2643 TAYLOR RD 3,300 sqft Sold on 01/03/2018 for $450,000
2772 CONEJO DR 3,336 sqft Sold on 09/25/2017 for $470,000
7160 PERRIS HILL RD 3,828 sqft Sold on 05/23/2017 for $490,000

AREA
This is in a great area with the 210 fwy and 215 fwy right up the road, as well as San Bernardino International Airport. This one is going to go quick as it is priced right at 66% of the ARV!

Act Fast, All of our deals go QUICK!
$10k Non-refundable earnest deposit (certified funds only – NO Personal Checks)
Close 6/18 (cash or hard money only)
Buyer please do your own due diligence

*ROI is determined by cash flow, market appreciation, tax savings, principal pay down, and rental income. Past performance is no guarantee of future results and individual results may vary. The information and any statistical data contained herein have been obtained from sources which we believe to be reliable, but we do not represent that they are accurate or complete, and they should not be relied upon as such. All opinions expressed and data provided herein are subject to change without notice. Past performance is no guarantee of future results, and current performance may be lower or higher than the performance data quoted. Results shown here are not typical, results will vary based upon real estate prices, interest rates, creditworthiness and many other factors.

Price:
$343,000
Address:
6954 Tippecanoe Ave., San Bernardino, CA 92404
San Bernardino, California 92404
Square Feet:
3393
Bedrooms:
6
Bathrooms:
4
Terms:
For Sale
Property Type:
Duplex
Year Built:
1949
Const. Type:
Multi Family

Call 888-234-9828 for more details

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