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$1,100,000
Est. payment /mo
9 Beds
5 Baths
0.66 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID WS26031250
Bedrooms 9
Lot Size 0.657 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Fully Upgraded 4-Unit Investment Opportunity Now Offering 8.10% Cap Rate. This exceptional turnkey four-plex offers strong cash flow and extensive recent upgrades, situated on a spacious 28,000+ SF lot in Muscoy, a safe North San Bernardino community with high tenant demand. The property consists of three spacious 2-bedroom/1-bath units and one large 3-bedroom/2-bath unit, all designed with functional layouts and modern open-floor-plan interiors that tenants appreciate. This asset has undergone substantial capital improvements, including new electrical panels, four individual electrical meters, brand-new reroofing, and 13 newly installed split HVAC systems, with A/C units placed in individual rooms for enhanced comfort and efficiency. Durable tile flooring throughout minimizes future maintenance and supports long-term ownership stability. Each unit offers a private front yard and fenced backyard, in-unit washer and dryer hookups, and ample on-site parking, amenities that consistently attract quality tenants. Rental demand is extremely strong; Unit #2 was recently rented within just three days of listing, demonstrating the propertys desirability and ease of leasing. Current rents remain below market levels, providing clear upside potential for future increases. Tenants enjoy the open layouts, private outdoor spaces, and modern HVAC systems, making this a competitive and desirable rental asset. With a newly improved 8.10% cap rate, stabilized occupancy, major system upgrades completed, and a large lot offering long-term value, 2523 Ogden Street presents a rare low-maintenanc
Location
State CA
County San Bernardino
Zoning Public Rec
Direction From the 215 Freeway, exit Baseline St and head west. Turn right on Macy St, then left on Ogden St. Property is located on the r
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 0262151170000
Acceptable Financing Exchange
Listing Terms Exchange
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Listed by VUOCHMEY LAY, DRE#02237493 Mey Lay Realty Group
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