1101 N Mount Vernon, San Bernardino, CA 92411

$1,300,000

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List Price
$1,300,000
Status
ACTIVE
MLS#
IV26048718
Year Built
1930
Lot Size
5,940
Acres
0.14
Lot Location
Corner Lot, Front Yard, Garden, Rectangular Lot, Walkstreet
Days on Market
139
Property Type
Multifamily
Property Sub Type
Mixed Use
Stories
One Level

Property Description

Pleased to present the exclusive opportunity to acquire the mixed-use property comprised of 3 units, including one (1) retail unit occupied by a liquor store and two (2) apartment units of 2 BD/1BA each, ideally located near the intersection of Base Line St. & Mt. Vernon Ave. With excellent proximity to shopping centers and eateries directly across the street, and more within walking distance, this property will continue to attract future Tenants and ensure a continuous flow of rental income for the future Owner. Excellent Freeway Accessibility - only 3/4 mile to the I-215 Fwy and about 1.5 miles to the 210 Fwy. Convenient Living - walking distance to Shopping Centers, Charter school, and eateries nearby. Mixed-use - one (1) retail unit occupied by a long-term liquor store tenant, and two (2) apartment units generating a total of $80,400 annual rental income. Expense pass-throughs - Tenants pay their own utilities and maintain the grounds. Low Landlord responsibility - Landlord only pays property tax, property insurance, water/sewer/trash. Added amenity - Secure gated parking for Tenants

Additional Information

Pool Description
None
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
Neighborhood
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$80,400
Operating Expense
22380

Listing courtesy of Listing Agent: GURJEET BHATIA (kavita@theacreage.net) from Listing Office: Acreage Real Estate.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.