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Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by DARREN CORREA, DRE #02066621 • LE INVESTMENT GROUP

$ 2,990,000

Est. payment | -/mo

0.65 Acres Lot

Save

$ 2,990,000

Est. payment | -/mo

Save

0.65 Acres Lot

Key Details

Property Type Commercial Multi-Residential (5 units)

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRIV25053103

Year Built 1963

Lot Size 0.654 Acres

Source California Regional MLS

Property Description

The Fairfax Apartments located at 1721 N Fairfax Drive, San Bernardino, CA. 92404, 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 units-two on the ground floor and two on the upper level. Each unit consist of 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

Location

State CA

County San Bernardino

Area 274 - San Bernardino

Interior

Laundry Community Facility

Exterior

Parking Features Carport

Garage Spaces 16.0

Pool None

Building

Lot Description Corners Marked

Water District - Public

Others

Tax ID 0147233070000

Special Listing Condition Not Applicable

NEARBY SCHOOL & BUSINESS

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

1721 N Fairfax DR San Bernardino, CA 92404