21
See all 21 photos
$700,000
Est. payment /mo
4 Beds
3 Baths
Active
3471 W Poppet Street San Bernardino, CA 92407
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25136949
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
Property Description
Generate immediate and secure cash flow with this exceptional North San Bernardino property, perfect for savvy investors or those utilizing a 1031 exchange. This unique offering features two distinct, modern residences on a single lot, producing a combined gross rental income of $4,150 per month. Peace of mind is built-in, as tenants in both the front house and the ADU have been professionally vetted and placed by a reputable 4-star property management company, ensuring a reliable income stream from day one. To maximize your return on investment, the property utilizes a Ratio Utility Billing System (RUBS), meaning tenants pay for all major utilities, including water, trash, electricity, and gas. The front house is a beautifully updated 3-bedroom, 2-bathroom home leased at $2,500/month. The interior shines with contemporary finishes, including luxury vinyl plank flooring, sleek quartz countertops, and stainless steel appliances. The private, newly constructed 1-bedroom, 1-bathroom ADU generates an additional $1,650/month. Whether you're looking to expand your portfolio or live in one unit (once the tenant's lease expires) while the other offsets your mortgage, this property is a turnkey solution. Located within walking distance to schools, parks, shopping, and dining, this is an unparalleled opportunity.
Location
State CA
County San Bernardino
Zoning Assessor
Direction CA-210 E from Archibald Ave. Continue on CA-210 E to San Bernardino. Take exit 50 from I-215 N Take W Little League Dr to W Popp
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 0261771280000
Virtual Tour https://www.homes.com/property/3471-w-poppet-st-san-bernardino-ca/552le65hv133y/?tab=1&dk=b19qq4hmh2l9e
Listed by Rony Sosa REACTION REALTY