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7120 Perris Hill RD San Bernardino, CA 92404
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Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IV24239161
Sold Date 04/21/25
HOA Y/N No
Year Built 1936
Lot Size 7,601 Sqft
Property Sub-Type Quadruplex
Property Description
Highlights: Probate Trust Sale / ProForma CAP Rate of 7.07% Achieved at Market Rent. / Over $200,000 in Recent Capital Improvements / Four Spacious Units: Three (3) large 3-bedroom units and one (1) expansive detached single family residence of 4-bedrooms / Fully Renovated Interiors: All units feature new tile flooring, fresh paint, modern kitchen cabinets, sleek countertops, and brand-new windows throughout. / Recent Exterior Upgrades: Includes a newly replaced roof and carport roof for added durability and curb appeal / Income Potential: Tremendous upside in rental
income, making it an excellent investment opportunity. / FHA Financing Option: Eligible for FHA financing with just 3.5% down, allowing owner-occupants to possibly live in the detached 4-bedroom home and rent the 3-bedroom units to offset their mortgage. / Move-In Ready: No immediate updates needed
ready for tenants or owner-occupants!
Location
State CA
County San Bernardino
Area 274 - San Bernardino
Zoning RM
Interior
Fireplace No
Laundry Inside
Exterior
Parking Features Carport, Detached Carport
Carport Spaces 4
Pool None
Community Features Gutter(s)
Total Parking Spaces 4
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 0273192010000
Acceptable Financing Submit
Listing Terms Submit
Financing Cash to Loan
Special Listing Condition Trust
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Bought with ROCIO VALENZUELA • Wedgewood Homes Realty