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    125 Magnolia Avenue

    San Bernardino, CA 92405
    • $415,000
    • STATUS: Active Under Contract
    • ON SITE: 50 days
    • ID#: CV21129385
    Under Contract
    UPDATED: 20 min ago
    $415,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1984
    County:

    School Ratings & Info

    Description

    GREAT INVESTMENT OPPORTUNITY TO OWN BELOW MARKET VALUE AND ADD A GREAT PROPERTY TO YOUR PORTFOLIO!!!! Looking for seasoned investor that knows value and CASH OFFER. The apts have 4 units; 2 units facing south side have been in a recent fire. The other 2 apts need light updating. Prior to the fire; these four units have been well maintained and remodeled a few years ago, with white euro kitchen cabinets, AC, new windows and doors, granite counters, dishwashers, in some units and microwave built ins. Each unit has a single car garage and one assigned parking spot. Laundry room is shared by the units and produces 150 in monthly additional income for both dryer and washer. No fire impact to 2 units, laundry room and garages. Property Sold As Is.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-05T12:25:46.82. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
    www.twissrealty.com/homes/118262740
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    125 Magnolia Avenue San Bernardino, CA 92405

    • Price: $415,000
    • Status: Active Under Contract
    • Updated: 20 min ago
    • ID#: CV21129385
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    1984
    Built
    Neighborhood:
    274 - San Bernardino
    County:
    San Bernardino
    Area:
    274 - San Bernardino
    Property Description
    GREAT INVESTMENT OPPORTUNITY TO OWN BELOW MARKET VALUE AND ADD A GREAT PROPERTY TO YOUR PORTFOLIO!!!! Looking for seasoned investor that knows value and CASH OFFER. The apts have 4 units; 2 units facing south side have been in a recent fire. The other 2 apts need light updating. Prior to the fire; these four units have been well maintained and remodeled a few years ago, with white euro kitchen cabinets, AC, new windows and doors, granite counters, dishwashers, in some units and microwave built ins. Each unit has a single car garage and one assigned parking spot. Laundry room is shared by the units and produces 150 in monthly additional income for both dryer and washer. No fire impact to 2 units, laundry room and garages. Property Sold As Is.
    Exterior Features

    Fencing Wire Number Of Separate Electric Meters 5 Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Maintained Roof Shingle Spa Features None Spa YN No View Neighborhood View YN Yes

    Interior Features

    Accessibility Features See Remarks Appliances Dishwasher Common Walls 2+ Common Walls Cooling See Remarks Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Wood Heating See Remarks Heating YN Yes Interior Features Ceiling Fan(S)Granite CountersAll Bedrooms UpAll Bedrooms Down

    Property Features

    Additional Parcels YN No Common Interest None Community Features Sidewalks Electric Standard Electric Expense 326 Fuel Expense 0 Garage YN Yes Gross Income 39600 Gross Scheduled Income 39600 Insurance Expense 1625 Land Lease YN No Laundry Features Common AreaLaundry RoomSee Remarks Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Net Operating Income 37032 New Construction YN No Number Of Separate Gas Meters 5 Number Of Separate Water Meters 5 Operating Expense 9616 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 1216 Utilities Electricity AvailableSee Remarks Water Sewer Expense 1512 Water Source Agricultural Well Zoning R

    Listing provided courtesy of Victor Ruiz of Realty One Group Masters


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-05T12:25:46.82. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty. Licensed in the State of California, USA.
     
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