1721 N Fairfax Drive, San Bernardino, CA 92404
$2,400,000
Est. payment /mo
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2 Beds
1 Bath
0.65 Acres Lot
Price Dropped by $590K

1721 N Fairfax Drive San Bernardino, CA 92404

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Jason Fogelman

Jason Fogelman

+1(858) 204-4262

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID IV25053103

Bedrooms 2

Lot Size 0.654 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

****$590K Price Reduction****The Fairfax Apartments located at 1721 N Fairfax Drive, San Bernardino, CA. 92404, this 16-unit apartment complex, built in 1963, spans 14,136 square feet on a 0.65-acre lot. The property consists of four two-story buildings, each containing four unitstwo on the ground floor and two on the upper level. Each unit consist of two bedrooms and one bathroom, with an average size of 884 square feet. Recent renovations have modernized the units, enhancing their appeal to tenants while reducing maintenance costs for ownership. The property boasts strong occupancy rates, ensuring stable cash flow and long-term investment potential. Its prime location near educational institutions, healthcare facilities, major shopping centers, and recreational areas further strengthens its desirability, attracting a broad tenant base and contributing to consistent demand and profitability. DRIVE BY ONLY - DO NOT DISTURB TENANTS

Location

State CA

County San Bernardino

Zoning Public Rec

Direction From I-215, take exit 46 for Highland Ave, head east, turn left on N Fairfax Dr.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 0147233070000

Acceptable Financing Conventional

Listing Terms Conventional

MLS Router / San Diego MLS
Listed by DARREN CORREA, DRE#02066621 LE INVESTMENT GROUP 

NEARBY SCHOOL & BUSINESS

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Jason Fogelman

Jason Fogelman

Realtor / North County Regional Manager CA DRE#01374456

+1(858) 204-4262

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