1525 E Lynwood Drive, San Bernardino, CA 92404

$4,500,000

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List Agent Hannah Johnson () Coldwell Banker Envision; CoList ()

List Price
$4,500,000
Status
ACTIVE
MLS#
PW25207217
Year Built
1984
Lot Size
11,000
Lot Location
Corner Lot, Cul-De-Sac, Garden, Level, Near Park, Near Public Transit, Street Level, Value In Land, Yard
Days on Market
326
Property Type
Commercial
Property Sub Type
Multi Family

Property Description

Welcome to the Copper Canyon Apartments located at 1525 E Lynwood Ave. San Bernardino, CA. This 25-unit apartment complex features an attractive unit mix of (17) one bedroom / one bathroom units, (8) two bedroom / two bathroom units. The property shows pride of ownership and has been well maintained throughout. Many updates have been done including, exterior paint, new parking asphalt, $14,000 in new commercial washer and dryer in the laundry room, updated units, lush landscaped grounds, sparkling pool, gated entry, carport, leasing office and onsite management. The condition of the property offers investors an asset that will require minimal maintenance for years to come. This property is a great investment that has an actual cap rate of 6.06%.

Additional Information

Appliances
Dryer, Washer
Water
Public, See Remarks

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.