1525 E Lynwood Drive, San Bernardino, CA 92404
- $4,500,000
- List Price
- $4,500,000
- Status
- ACTIVE
- MLS#
- PW25207217
- Year Built
- 1984
- Lot Size
- 11,000
- Acres
- 0.25
- Lot Location
- Corner Lot, Cul-De-Sac, Garden, Level, Near Park, Near Public Transit, Street Level, Value In Land, Yard
- Days on Market
- 321
- 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
- Attached Structure
- Detached
- Number Of Units Total
- 25
- Gross Scheduled Income
- $441,396
Listing courtesy of Listing Agent: Hannah Johnson (hannah@bhhscaprops.com) from Listing Office: Coldwell Banker Envision.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.