651 W 6th Street, San Bernardino, California 92410, San Bernardino, - bed, bath
ACTIVE$750,000
651 W 6th Street, San Bernardino, California 92410
0Bed
0Bath
2,604Sqft
7,500Lot
Year Built
1920
Close
-
List price
$750K
Original List price
$750K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
DW25045117
Home ConditionPoor
Features
View-
About this home
Fourplex, looking for an investor that looking to rent and keep making profits. 4 units, Unit A, Front house is 3 bed 1 bath, and 3 one-unit apartments.
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (11 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 2,604 | 1,841 | 83% |
| Lot Size | 7,500 | 7,151 | 58% |
| Price | $750K | $577K | 92% |
| Price per square foot | $288 | $293.5 | 42% |
| Built year | 1920 | 9755977 | 17% |
| HOA | |||
| Days on market | 250 | 176 | 75% |
Condition Rating
Poor
The property was built in 1920 and appears to need substantial repairs. The images show an aged exterior and the description suggests it's being sold as an investment property for rental income, implying it may not be in top condition. Given the age and likely deferred maintenance, it requires significant rehabilitation.
Pros & Cons
Pros
Income Potential: Fourplex property offers immediate rental income from four units.
Investment Opportunity: Ideal for investors seeking to generate profits through rental income.
Unit Mix: Features a mix of unit types (3 bed 1 bath and three 1-unit apartments) catering to diverse tenant needs.
Lot Size: The 7,500 sqft lot provides ample space.
Location: Located in San Bernardino, offering access to local amenities and transportation.
Cons
Age of Property: Built in 1920, the property may require ongoing maintenance and potential upgrades.
Potential Renovation Needs: The property may need updates to maximize rental income and attract tenants.
Market Conditions: San Bernardino's rental market conditions will influence occupancy rates and rental income.