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Elvida Salazar

elvida.myagent@gmail.com +1(760) 801-9758

$2,400,000

Est. payment - /mo

0.65 Acres Lot

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Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID IV25053103

HOA Y/N No

Year Built 1963

Lot Size 0.654 Acres

Property Sub-Type Apartment

Property Description

****$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

Location

State CA

County San Bernardino

Area 274 - San Bernardino

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Carport

Carport Spaces 16

Pool None

Community Features Foothills, Suburban, Valley

Total Parking Spaces 16

Private Pool No

Building

Lot Description Corner Lot, Cul-De-Sac

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 0147233070000

Energy Description 4812.0

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

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Listed by DARREN CORREA LE INVESTMENT GROUP 714-310-2840, DRE #02066621

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Elvida Salazar

+1(760) 801-9758

Realtor® | Property Management Specialist License ID: DRE# 01775858

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1721 N Fairfax DR San Bernardino, CA 92404

Elvida Salazar

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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