Highlights: Probate Trust Sale / ProForma CAP Rate of 7.07% Achieved at Market Rent. / Over $200,000 in Recent Capital Improvements / Four Spacious Units: Three (3) large 3-bedroom units and one (1) expansive detached single family residence of 4-bedrooms / Fully Renovated Interiors: All units feature new tile flooring, fresh paint, modern kitchen cabinets, sleek countertops, and brand-new windows throughout. / Recent Exterior Upgrades: Includes a newly replaced roof and carport roof for added durability and curb appeal / Income Potential: Tremendous upside in rental income, making it an excellent investment opportunity. / FHA Financing Option: Eligible for FHA financing with just 3.5% down, allowing owner-occupants to possibly live in the detached 4-bedroom home and rent the 3-bedroom units to offset their mortgage. / Move-In Ready: No immediate updates needed ready for tenants or owner-occupants!
MLS #
CRIV24239161
MLS Source
California Regional MLS
Days on Site
8
Appliances
Other
Pool
None
Garage/Parking
Carport, Detached, Garage: 0 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | – | 4 |
7120 Perris Hill Rd is a Residential Income in San Bernardino, CA 92404. This – square foot property sits on a 7,600 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,088,000 and was built in 1936.
This address can also be written as 7120 Perris Hill Rd, San Bernardino, CA 92404.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of November 23, 2024. For the most current information, please contact ALBERT LE, (909) 256-7889