823 W Orange St, San Bernardino, CA 92410

Renovated & Turnkey 4-Plex in San Bernardino

Property Highlights

4 Units built in 1948
3,200 SqFt Property on a 0.09 Acre Lot
Mix of (2) 1+1 , (1) 2+1 , and (1) 3+1 units
Many recent upgrades including full remodel, updated units, updated frontage and security
Solid Downtown San Bernardino Location
Currently getting strong market rents; fully turnkey investment opportunity
Sizeable units average 800 SF each
New fixtures and appliances, including W/D and A/C
Ample carport parking spaces in back of lot

The Opportunity

The Glaser Group is pleased to present 823 W Orange St, a fantastic 4-unit investment property located in San Bernardino, CA. This beautifully renovated, turnkey property sits on a 4100 square foot lot with gated entry, secure parking, and low foot traffic as it resides at the end of a cul de sac. The property features 4 spacious units and 3,200 square feet of living area in total. The property features two (2) 1 bed 1 bath units, one (1) 2 bed 1 bath, and one (1) 3 bed 1 bath units. All of the units have been recently remodeled and re-rented, with two of the units eligible for immediate rent increases. This property has received over $100K of recent capital improvements including interior remodels, new exterior and interior paint, repaved concrete on the entire property, new landscaping, privacy fence, fixtures and appliances, floors and AC units for every unit. 823 W Orange St offers a strong Day 1 cash flow currently sitting at a 6.45% Cap Rate!

San Bernardino, set against Southern California's scenic backdrop, offers real estate investors an attractive opportunity. This city combines outdoor appeal with a rich cultural tapestry and historical landmarks, increasing its allure for residents. Its growing economy and commitment to development position it as a burgeoning market with affordable investment entry points compared to wider California. San Bernardino's entrepreneurial spirit and community-focused initiatives promise a high quality of life, making it an ideal locale for property investment. With its blend of natural beauty, economic potential, and lifestyle amenities, the city is a promising frontier for savvy investors.