Property Detail

1101 Mount Vernon

San Bernardino CA 92411

$1,300,000

Status: Active

Property Details

Description

Pleased to present the exclusive opportunity to acquire the mixed-use property comprised of 3 units, including one (1) retail unit occupied by a liquor store and two (2) apartment units of 2 BD/1BA each, ideally located near the intersection of Base Line St. & Mt. Vernon Ave. With excellent proximity to shopping centers and eateries directly across the street, and more within walking distance, this property will continue to attract future Tenants and ensure a continuous flow of rental income for the future Owner. Excellent Freeway Accessibility - only 3/4 mile to the I-215 Fwy and about 1.5 miles to the 210 Fwy. Convenient Living - walking distance to Shopping Centers, Charter school, and eateries nearby. Mixed-use - one (1) retail unit occupied by a long-term liquor store tenant, and two (2) apartment units generating a total of $80,400 annual rental income. Expense pass-throughs - Tenants pay their own utilities and maintain the grounds. Low Landlord responsibility - Landlord only pays property tax, property insurance, water/sewer/trash. Added amenity - Secure gated parking for Tenants

Map Location

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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