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1244 Lee St, San Bernardino, CA 92408
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1244 Lee St San Bernardino, CA 92408

$1,345,000 Sold Price as of 02/18/2022
  • 144 Beds
  • 0 Baths
  • 8,717 Sq.Ft.
Sold
$1,345,000 Sold Price as of 02/18/2022 Refinance Your Mortgage
Map preview of 1244 Lee St, San Bernardino, CA 92408

Property Overview: 1244 Lee St San Bernardino, CA has 144 bedrooms, -- bathrooms, 8,717 living square feet and 36,590 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The Lee Street Complex is for sale in the city of San Bernardino, CA. This unique property consists of five separate spacious residential buildings all sitting on one parcel. The first building is a large duplex consisting of (2) three bedroom/ two bath units. Followed by four single family homes. Each building has a large front and back yard which provides a comfortable living. All buildings are well maintained and have low maintenance costs. In addition, the Lee Street Complex is conveniently located a few steps away from a large shopping center that has a Costco, Sam’s Club, Home Depot, Buffalo Wild Wings, In N Out Burger, Raising Cane’s, Jack in the Box, Starbucks, Best Buy and much more! Due to the popularity of the location of the Lee Street Complex, most of the tenants are long term and fully enjoy the convenience of being close to highway 10 for easy access all across the Inland Empire.

Listed by Charly Ubaldo | BRE #02088736 | Keller Williams - Downtown LA
Last checked: 3 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 1

Home details

Lot Sq. Ft
36,590
HOA Dues
$0/mo
Year built
1946
Garage
5 Car
Property Type:
Multi Family
Status
Sold
MLS#
DW22023312
City
San Bernardino
County
San Bernardino
Time on Site
845 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 5
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 18
  • # of Baths: 0
  • Garage Spaces: 5
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $10,443
  • Total Rent: $10,443
  • Pro Forma/Market Rent: $10,443
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $125,316
  • Net Operating Income: $71,463
  • Gross Operating Income: --
  • Vacancy Allowance: $6,266
Annual Expense Breakdown
  • Total Operating Expense: $47,587
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $4,261
  • Insurance: $4,070
  • Professional Management: $7,000
  • Water/Sewer: $4,261

Property Details for 1244 Lee St

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 5
  • # of Parking Spaces: 25
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 0281151320000
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Conventional Septic
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Drive north on Tippecanoe and make a right on Lee street. The property will be on the left side.
Neighborhood Information
  • Community Features: Biking, Curbs
View more facts & features

Local San Bernardino Agent

Sale History for 1244 Lee St

Last sold for $1,345,000 on February 18th, 2022

  • February, 2022

  • Feb 9, 2022

    Date

    Pending

    CRMLS: DW22023312

    $1,400,000

    Price

  • Feb 7, 2022

    Date

    Active Under Contract

    CRMLS: DW22023312

    $1,400,000

    Price

  • August, 2007

  • Aug 21, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1244 Lee St

Assessed Value (2020): $269,257
Year Land Value Improved Value Assessed Value
2020 $17,101 $252,156 $269,257

Home Value Compared to the Market

This property vs the competition

1244 Lee St sold on February 18, 2022 for 191.67% higher than the current median sold price for the city of San Bernardino which is $480,000. The median sold price per/sqft for San Bernardino is $364 and this home is sold at $160.61 per/sqft which puts the price per square foot 55.88% lower than the current median sale per square foot for the city of San Bernardino.

About 1244 Lee St

Detailed summary of property

1244 Lee St is a multi family that recently sold in San Bernardino, CA 92408. This multi family property offered 144 bedrooms, -- bathrooms, roughly 8,717 living square feet, and sits on an approximately 36,590 square foot lot. 1244 Lee St was first listed on ArdentRealEstateGroup.com on February 5, 2022. The homeowner sold the property for $1,345,000. Home in San Bernardino are selling for a median price of $480,000 and a median price per square foot of $364. Based on Ardent Real Estate Group's San Bernardino Market Data, this home is sold 191.67% higher than the current median priced home. Local homes that are currently for sale include 621 Richland St, 648 Abbey Lane and 2458 Chanslor St. While the average home in San Bernardino, CA is selling in 50 days, 1244 Lee St has a days on market of 1 days. There are currently 404 homes for sale in the San Bernardino real estate market and 364 of them are single family homes while 38 of them are condos and 2 are townhomes. For more information on this home for sale at 1244 Lee St San Bernardino, CA 92408 contact Ardent Real Estate Group and we will put you in touch with one of our San Bernardino agents.

Public Facts for 1244 Lee St

Public county record property details
Beds
2
Baths
1
Year built
1946
Sq. Ft.
683
Lot Size
36,550
Stories
1
Type
Apartments (Generic)
Pool
No
Spa
No
County
San Bernardino
Lot#
--
APN
0281-151-32-0000

The source for these homes facts are from public records.

92408 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$579,000
Median List Price/Sq.Ft.
$364
Median Sold Price
$425,000
Median Sold Price/Sq.Ft.
$419
Total Inventory
15
Median Sale to List Price %
98.86%
Avg Days on Market
3
Loan Type
Conventional (100%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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