GetMyHome
‪(213) 433-7766‬

765 E 9th Street, San Bernardino, California 92410, San Bernardino, - bed, bath

home-pic
ACTIVE$1,750,000
765 E 9th Street, San Bernardino, California 92410
0Bed
0Bath
17,128Sqft
52,272Lot
Year Built
1965
Close
-
List price
$1.75M
Original List price
$1.75M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IG25175617
Home ConditionPoor
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

This listing is NOT zoned residential income, it is commercial, see MLS # EV22183081. STOP! This is unordinary storage units, ARE you looking to maximize your profit? So much potential to increase current rents and making ways to making more spaces rented. looking for an easy way to make income? Seller will be willing to carry with considerable down, will also consider discounting price for an all-cash offer, Call for more details. Storage building has become highly attractive due to their ability to generate stable, predictable income streams, the demand for storage units is great! 28 storage units PLUS two bedrooms, one bath apartment, fully functional apartment for manager or? Previous seller used to live in the apartment when in town, additional storage with laundry hookups, belong to the apartment, use your imagination to rent separately for more income, some storage units have own 1/2 private baths, and one common 1/2 bath for all remaining tenants in the property, total of nine, easy access to freeways, near airport, casino, amazon, shopping, schools, build your equity, easy to manage, save on time and money, steady rental income, some tenants have been there for more that 10 years, plenty of parking, on your own 1.20 acre, all fenced.

Price History

Date
Event
Price
08/04/25
$1,750,000
Condition Rating
Poor
The property was built in 1965, making it 59 years old. There is no mention of any significant renovations in the listing description. While the description states a 'fully functional apartment,' this likely refers to basic operability rather than modern condition. The exterior image shows an aged, utilitarian building with visible older external AC units, suggesting outdated systems. Without interior photos, it's highly probable that the kitchen and bathrooms in the apartment, as well as the 1/2 baths in the storage units, are original or very old, requiring substantial repairs and rehabilitation to meet current standards. The property's age and lack of updates indicate major components are likely at or beyond their expected lifespan, leading to a 'poor' condition.
Pros & Cons

Pros

Diverse Income Streams: The property offers multiple revenue sources, including 28 storage units, a fully functional 2-bedroom, 1-bath apartment, and additional storage with laundry hookups, providing robust income potential.
Strong Market Demand & Stability: Benefiting from high demand for storage units, the property generates stable, predictable income, further bolstered by long-term tenants (some over 10 years).
Attractive Financing Options: The seller is open to carrying with a considerable down payment and offers a discount for all-cash offers, significantly enhancing buyer accessibility and investment flexibility.
Significant Upside Potential: There is clear potential to increase current rents, optimize existing spaces, and potentially rent out additional areas, allowing for substantial profit maximization.
Strategic Location & Large Lot: Located with easy access to freeways and proximity to key amenities (airport, Amazon, casino), the property sits on a large 1.20-acre fenced lot with ample parking, adding to its operational value.

Cons

Property Age & Potential for Upgrades: Built in 1965, the property's age suggests potential for deferred maintenance or the need for significant capital expenditure to modernize facilities and optimize operations.
Ambiguous Unit Condition: The description of 'unordinary storage units' is vague and could imply non-standard configurations or a need for renovation to meet contemporary tenant expectations and maximize rental income.
Requires Active Value-Add Strategy: Realizing the stated potential for increased rents and optimized spaces necessitates a hands-on, value-add management approach, which may not appeal to investors seeking fully stabilized, passive income.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse market stats by State