Property Detail

Description

We are pleased to present 2235 Sunrise Lane, a four-unit multifamily property located in San Bernardino, California. Offered at $950,000, the property presents an attractive investment opportunity at $237,500 per unit and $265.07 per square foot, with approximately 18.64% rental upside, representing an additional $1,210 in potential monthly rental income as rents are brought closer to market. Built in 1985, the property consists of approximately 3,584 rentable square feet situated on a 9,152-square-foot lot. The desirable unit mix features (4) two-bedroom/two-bathroom units, averaging approximately 896 square feet per unit, providing spacious and functional layouts that appeal to a broad tenant base. The property offers flexibility for both investors and buyers looking to owner-occupy, allowing a buyer to operate all four units as an income-producing investment or live in one unit while collecting rental income from the remaining three units, subject to tenant occupancy and applicable requirements. Additional property amenities include eight gated parking spaces at the rear of the building, on-site storage, and a washer and dryer, offering added convenience for residents. Conveniently located in San Bernardino, the property offers access to the 210 and 215 freeways, major employment centers, shopping, and dining throughout the Inland Empire. With its desirable unit mix, owner-occupancy potential, gated parking, and rental upside, 2235 Sunrise Lane presents an attractive long-term investment opportunity.