****$590K Price Reduction****The Fairfax Apartments located at 1721 N Fairfax Drive, San Bernardino, CA. 92404, this 16-unit apartment complex, built in 1963, spans 14,136 square feet on a 0.65-acre lot. The property consists of four two-story buildings, each containing four units-two on the ground floor and two on the upper level. Each unit consist of two bedrooms and one bathroom, with an average size of 884 square feet. Recent renovations have modernized the units, enhancing their appeal to tenants while reducing maintenance costs for ownership. The property boasts strong occupancy rates, ensuring stable cash flow and long-term investment potential. Its prime location near educational institutions, healthcare facilities, major shopping centers, and recreational areas further strengthens its desirability, attracting a broad tenant base and contributing to consistent demand and profitability. DRIVE BY ONLY - DO NOT DISTURB TENANTS
Details
MLS #
IV25053103
Listing Type
For Sale
Style
Condominium
Sub-Type
Resale
Status
Active
Year
1963
Days On Site
553
Listing Provided By
LE INVESTMENT GROUP | DARREN CORREA
Features
SQ Feet
14,136
Car Port
Yes
Story(s)
2
Units
16
Building(s)
4
Acreage
0.65
Exterior
Lot Features
Corner Lot, Cul De Sac
Parking
Parking Features
Carport
Garage Yes / No
No
Utilities
Sewer
Public Sewer
Location
Community Features
Foothills, Suburban, Valley
Area Information
State
CA
County
San Bernardino
City
San Bernardino
Zip Code
92404
Area
274 San Bernardino
Sourced by Back At You
MLS#: IV25053103 Listed By: DARREN CORREA - LE INVESTMENT GROUP - 9092567889- albert.le@leinvestmentgroup.com
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MLS#: IV25053103 Listed By: DARREN CORREA - LE INVESTMENT GROUP - 9092567889- albert.le@leinvestmentgroup.com
Price Reduced Listing
