1721 N Fairfax Drive

San Bernardino, CA 92404

About this property

Le Investment Group is proud to present the Fairfax Apartments. Located at 1721 N Fairfax Drive, San Bernardino, CA92404, this 16-unit apartment complex, built in 1963, spans 14,136 square feet on a 0.65-acre lot. The property consists of four two-story buildings, each containing four unitstwo on the ground floor and two on the upper level. Each unit offers two bedrooms and one bathroom, with an average size of 884 square feet. Recent renovations have modernized the units, enhancing their appeal to tenants while reducing maintenance costs for ownership. The property boasts strong occupancy rates, ensuring stable cash flow and long-term investment potential. Its prime location near educational institutions, healthcare facilities, major shopping centers, and recreational areas further strengthens its desirability, attracting a broad tenant base and contributing to consistent demand and profitability. DRIVE BY ONLY - DO NOT DISTURB TENANTS

About this property

Le Investment Group is proud to present the Fairfax Apartments. Located at 1721 N Fairfax Drive, San Bernardino, CA92404, this 16-unit apartment complex, built in 1963, spans 14,136 square feet on a 0.65-acre lot. The property consists of four two-story buildings, each containing four unitstwo on the ground floor and two on the upper level. Each unit offers two bedrooms and one bathroom, with an average size of 884 square feet. Recent renovations have modernized the units, enhancing their appeal to tenants while reducing maintenance costs for ownership. The property boasts strong occupancy rates, ensuring stable cash flow and long-term investment potential. Its prime location near educational institutions, healthcare facilities, major shopping centers, and recreational areas further strengthens its desirability, attracting a broad tenant base and contributing to consistent demand and profitability. DRIVE BY ONLY - DO NOT DISTURB TENANTS

Features and Additional Information

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$2,990,000 Active
14,136 SqFt

Presented By Coldwell Banker Sky Ridge Realty

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LE INVESTMENT GROUP
1-909-256-7889
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Area Information

274 San Bernardino | San Bernardino County |

$ 2,990,000
This listing is play_arrow 495.0% higher than the average in the area
$ 502,500 in the area
14,136 SqFt
This listing is play_arrow 873.2% larger than the average in the area
1,453 SqFt in the area
$ 212 $/SqFt
This listing is play_arrow 40.9% less than the average in the area
$ 358 $/SqFt in the area
129 days on site
This listing is play_arrow 38.7% above the average in the area
93 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By DARREN CORREA
Brokerage: LE INVESTMENT GROUP

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