Prime Investment Opportunity: 4-Unit Property on Corner Lot off Mill St and Pershing. Situated in a highly desirable location, this 4-unit property offers incredible potential for the savvy investor. 4 units total with parking. Each unit features a spacious 1 bedroom, 1 bathroom layout, and open living spaces. Although it has been vacant for over 2 years, this property presents a unique chance to revitalize and maximize its value by transitioning to COMMERICAL USE since it is Now Zoned Commercial. There are residential properties on one side and commercial on the other side. Please note that units have been taken down to studs/shell and access is limited. Growth potential is much higher as a commercial property once developed The city's preference for commercial establishments in the area further enhances the appeal of this property. Additionally, sufficient parking space is available, ensuring convenience for both tenants and visitors. Don't miss this opportunity to transform this corner lot gem into a thriving commercial property in a sought-after location.
MLS | CV24080258 |
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Listing Type | For Sale |
Style | Mixed Use |
Sub-Type | Resale |
Status | Active |
Year | 1933 |
Days On Site | 147 |
Listing Provided By | SYNERGY ONE REAL ESTATE SVCS. 951-395-8858 | Annette Fraley |
Bed(s) | 4 |
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Bath(s) | 4 Total |
SQ Feet | 1,848 |
Story(s) | 1 |
Units | 4 |
Zoning | COMMERCIAL |
Acreage | 0.19 |
Property View | None |
State | CA |
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County | San Bernardino |
City | San Bernardino |
Zip Code | 92408 |
Area | 274 San Bernardino |
Listing VS Median (in 92408) | |
Price: $399,999 low | high Med: $499,900 SqFt: 1,848 low | high Med: 816 $ / SqFt: $216 low | high Med: $613 On Site: 147 low | high Med: 7 |