1123 Bobbett Dr, San Bernardino, CA 92410
1123 Bobbett Dr, San Bernardino, CA 92410
1123 Bobbett Dr, San Bernardino, CA 92410
9
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$1,290,000
Est. payment /mo
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10 Beds
6 Baths
4,188 SqFt
New

1123 Bobbett Dr San Bernardino, CA 92410

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,188 sqft

Price per Sqft $308

MLS Listing ID 26863795

Bedrooms 10

Year Built 1948

Lot Size 0.290 Acres

Acres 0.2898

Property Sub-Type Multi-Family

Property Description

Offered at a 6.40% cap rate and 10.48 GRM, 1123 Bobbett Drive delivers strong in-place cash flow with additional long-term upside. The property consists of approximately 4,188 rentable square feet on a 12,622 square foot lot with a unit mix of (4) two-bedroom/one-bathroom units and (2) one-bedroom/one-bathroom units. Most of the units are bungalow style with no shared walls, offering tenants added privacy and helping differentiate the property from traditional apartment layouts. Recent improvements include a newer roof, new electrical breakers in select units, and updated interiors in select units with fresh paint and upgraded finishes. An additional storage area located at the rear of the property provides an opportunity for supplemental rental income, offering investors another potential source of revenue. The property is conveniently located near the 210 and 215 Freeways, providing easy access throughout San Bernardino and the Inland Empire. Tenants also benefit from nearby employment centers, shopping, dining, schools, and everyday services. Combined with its recent improvements, bungalow-style layout, and strong in-place returns, 1123 Bobbett Drive presents an attractive long-term investment opportunity.

Location

State CA

County San Bernardino

Area San Bernardino

Rooms

Other Rooms Other

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Other

Garage Spaces 4.0

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Marcus & Millichap

NEARBY SCHOOL & BUSINESS

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Herman Singh

Herman Singh

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+1(718) 679-7822

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1123 Bobbett Dr