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PENDING

1137 N Mayfield Avenue, San Bernardino, CA 92410$1,150,000

--
bed
--
bath
2944
ft2
· 6969
ft2 lot
$391 / ft2

Listing provided courtesy of DAVID COVARRUBIAS, MARCUS & MILLICHAP
Source CRMLS;
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We are proud to exclusively present the opportunity to acquire 1137 North Mayfield Avenue, a 9-unit multifamily investment property located in San Bernardino, California. Built in 1958, the property sits on a 0.16-acre lot and has a building size of approximately 2,944 square feet. The property is comprised of (9) Studio/one-bathroom units. The building features a fenced front lawn, spacious driveway, and nine covered parking spaces. All units are master metered for gas and electricity. The apartment is conveniently located at the junction of Interstate 215, 10 and the Foothill 210 Freeways, and in close proximity to Downtown San Bernardino. With a very walkable score of 78, the property is surrounded by multiple restaurants, cafes, and grocery stores including El Super, Walgreens, and Stater Brothers Market. It is also minutes’ drive from recreation centers such as the Seccombe Lake, Perris Hill Park, and the Arrowhead Country Club. Tenants also enjoy four bus stops just down the street on Base Line, one of the arterial connecting cities in the Inland Empire. The City of San Bernardino serves as one of the Inland Empire’s anchor cities that spans 81 square miles and has a population of over 213,000. Large distribution and ful?llment warehouse facilities for Amazon, Pep Boys, and Burlington have been developed near the San Bernardino International Airport. In addition, the Metrolink commuter rail service, available at the Santa Fe Train Station, provides transportation to commuters from the San Bernardino area to major centers of employment, such as Downtown Los Angeles, and Orange County.

HOA

No HOA

On market

8 months

Year built

1958

Property type

Multi-Family

Parking

MLS

CV22067274

Price / Sq.Ft.

$391 / ft2

Status

Pending

Buyer’s Brokerage Commission

2%

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Home details for 1137 N Mayfield Avenue

Property, Lot, Community & Exterior Features
Multi-Unit Info
•   
Number Of Units Total: 9
Parking Info
•   
Garage Spaces: 0.0
•   
Parking Spaces: 0.0
Building Info
•   
Building Area Units: SquareFeet
•   
Total Sq. Ft.: 2944.0
•   
MLS Property Type: Residential Income
•   
Year Built Source: Public Records
Lot Info
•   
Lot Size Source: Public Records
•   
Elevation Units: Feet
•   
Lot Details: Lawn
•   
Lot Size Area: 6969.0
•   
Acres: 0.16
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 1
•   
Community Features: Suburban, Sidewalks
Property Features
•   
Common Walls: 2+ Common Walls
Utilities & Other Information
Utility Info
•   
Number Of Separate Electric Meters: 1
•   
Number Of Separate Gas Meters: 1
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Water Sewer Expense: 5250.0
•   
Gross Income: 107239.0
•   
Fuel Expense: 5250.0
•   
Trash Expense: 5250.0
•   
Insurance Expense: 2700.0
•   
Gross Scheduled Income: 110556.0
•   
Operating Expense: 46340.0
Terms
•   
Terms: Cash, Cash to New Loan
Lease Info
•   
Net Operating Income: 60899.0
Listing Details
•   
Status: Pending
•   
Originating System Name: CRMLS
Other
•   
Electric Expense: 5250.0
Tax/Assessment Info
•   
APN: 0140064170000
School Neighborhood & Directions
Location
•   
Zip Code: 92410
•   
Area: 274 - San Bernardino
•   
Zip Code +4: 3527
•   
Directions: W Baseline Street, left on Mayfield Ave
•   
Country: US

Neighborhood snapshot

18
Properties for sale
7
Median days on market
$264.71
Median sold price/sqft
101.64%
Sold/List %
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Property History for 1137 N Mayfield Avenue

12/05/2022
12/05/2022
CRMLS #CV22067274
pending
CRMLS #CV22067274
$1,150,000

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