Bloomington, CA 92316,18156 Valley BLVD

$762,000

Est. payment /mo

$774,500

1.6%
Est.Price: ?

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18156 Valley BLVD Bloomington, CA 92316

1.09 Acres Lot

SOLD DATE : 06/02/2014

Key Details

Sold Price $762,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID TR14029058

Sold Date 06/02/14

HOA Y/N No

Year Built 1940

Tax Year 2012

Lot Size 1.090 Acres

Property Description

Great income property. 8 residential units and 2 commercial units. There are 7 studio "efficiency" apartments, 1, 3 bed unit, a commercial building of about 1,200 sq. ft. housing a computer store and a metal building of about 2,400 sq. ft.
The property is in good shape. The apartments have new windows
The property brings in a total of $8,475 / mo. and is 100% occupied. The rents are at a level that allows the property to remain well leased
the 1.09 acre lot is not full utilized. The rear area has 3 containers on it and some excess area.
Considering the expenses of +/- $2,926 per month .. the property will give an 8.6 return at the asking price

Location

State CA

County San Bernardino

Area 265 - Bloomington

Interior

Fireplace No

Exterior

Pool None

Community Features Valley

Utilities Available Sewer Connected

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story One

Entry Level One

Water Public

Level or Stories One

Others

Tax ID 0252091300000

Energy Description 2134.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Lee Spence • Daum Commercial RE Services
Bought with ERNEST OCHOA • RE/MAX TIME REALTY

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

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