430-440 West 21st Street
San Bernardino, CA
Status:
Sold
Close of Escrow: 07/28/2017
Total Number of Units: 11
Year Built: 1940-1949
Sale Price: $808,500
Price per Unit: $73,545
Price per Square Foot: $143.54
CAP Rate: 6.69%
GRM: 9.25
Downpayment: $283,150
Net Operating Income: $54,085
Rentable Square Feet: 5,636
Lot Size: 0.34 Acres
Unit Type
Studio
1Bdr 1Bath
2Bdr 1Bath
No. of Units
2
8
1
Le Investment group was pleased to represent the Seller of the apartment community located on 21st Street is situated on two lots totaling 15,000 Sq. Ft. This eleven unit apartment community is comprised of six individual dwellings which include an attractive unit mix of 2 studios, 8 one bedroom / one bathroom units and 1 two bedroom / one bathroom unit. The tenants are provided onsite and street parking, garages / storage, and in unit laundry hookups. The property is one of only a few multi-family buildings of its kind on this street, as the rest of the buildings are single family residences.
