662 West 9th Street

San Bernardino, CA

Status:

Sold

Close of Escrow: 09/27/2010

Market Time: 100 Days

Activity ID: R0080096

Total Number of Units: 13

Year Built: 1952

Sale Price: $500,000

Price per Unit: $38,462

Price per Square Foot: $69.93

CAP Rate: 7.57%

GRM: 5.16

Downpayment: $500,000 (100%)

Net Operating Income: $37,827

Rentable Square Feet: 7,150

Lot Size: 0.32 Acre

Unit Type

Studio 1Bath

1Bdr 1Bath

No. of Units

3

10

The property is an excellent short sale opportunity. The subject property consists of ten one-bedroom/one-bathroom units and three studio/one-bathrooms.