1699 N Arrowhead Avenue

San Bernardino, CA 92405

PRICE REDUCED

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-$600,000 (-7.69%)

$7,200,000

List Price

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1970

calendar_month Built

Property Description

Presenting a rare opportunity for investors committed to affordable housing solutions: a straightforward yet promising complex in San Bernardino. Featuring 42 units tailored for low-income residents, this property prioritizes accessibility and affordability above all else. Each unit offers practical living spaces with three 2-bedroom 1 bathroom units, 1 studio, 1 large master suite unit and thirty seven 1-bedroom 1 bathroom units providing essential accommodation for tenants. While this property offers two laundry facilities onsite, the simplicity of these units maximizes affordability for residents.

Listing Information

List Price $7,200,000
Status Active
MLS IG24104951
Type Commercial
Subtype Multi Family
Year Built 1970
Lot Size 40,950
Structure Size N/A
DOM 89
Courtesy Of Keller Williams Realty Riv
Listing Agent Susanne Hove DRE#01337422
Co-Listing Agent KATELYNN BROPHY DRE#02222603

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A
Cooling Type
Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Susanne Hove, KATELYNN BROPHY, Keller Williams Realty Riv . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:29 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.