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1699 N Arrowhead Ave, San Bernardino, CA 92405
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1699 N Arrowhead Ave San Bernardino, CA 92405

$7,800,000
  • 44 Beds
  • 42 Baths
  • 22,209 Sq.Ft.
For Sale
$7,800,000 Get Pre-Qualified
Map preview of 1699 N Arrowhead Ave, San Bernardino, CA 92405

Property Overview: 1699 N Arrowhead Ave San Bernardino, CA has 44 bedrooms, 42 bathrooms, 22,209 living square feet and 40,950 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Presenting a rare opportunity for investors committed to affordable housing solutions: a straightforward yet promising complex in San Bernardino. Featuring 42 units tailored for low-income residents, this property prioritizes accessibility and affordability above all else. Each unit offers practical living spaces with three 2-bedroom 1 bathroom units, 1 studio, 1 large master suite unit and thirty seven 1-bedroom 1 bathroom units providing essential accommodation for tenants. While this property offers two laundry facilities onsite, the simplicity of these units maximizes affordability for residents.

Listed by Susanne Hove | BRE #01337422 | Keller Williams Realty Riv
Co-listed by KATELYNN BROPHY | BRE #02222603 | KELLER WILLIAMS RIVERSIDE CENT
Last checked: 7 minutes ago | Last updated: June 2nd, 2024 | Source CRMLS | DOM: 25
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Home details

Lot Sq. Ft
40,950
HOA Dues
$0/mo
Year built
1970
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
IG24104951
City
San Bernardino
County
San Bernardino
Time on Site
24 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 42
  • Total # of Buildings: 2
  • # of Leased Units: 37
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Actual Rent: $1,100
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,600
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Actual Rent: $1,700
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 37
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,400
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: $376,726
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1699 N Arrowhead Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Laundry Information
  • Common Area
Interior Features
  • Security Features: Carbon Monoxide Detector(s), Fire and Smoke Detection System
Exterior Features
Exterior Information
  • Roof: Flat
  • No Fence
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 50
Lot Information
  • Lot Features: Lawn, Level with Street, Lot Over 40000 Sqft, Level, Sprinkler System, Treed Lot, Yard
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Total # of Units: 42
  • Parcel Number: 0146102250000
  • Year Built Source: Assessor
  • Entry Level: 1
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: W Base Line St. Drive to N Arrowhead Ave
View more facts & features

Local San Bernardino Agent

Sale History for 1699 N Arrowhead Ave

Last sold for $315,000 on August 29th, 1995

  • June, 2024

  • Jun 1, 2024

    Date

    Active

    CRMLS: IG24104951

    $7,800,000

    Price

  • August, 1995

  • Aug 29, 1995

    Date

    Sold (Public Records)

    Public Records

    $315,000

    Price

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Tax History for 1699 N Arrowhead Ave

Assessed Value (2020): $501,723
Year Land Value Improved Value Assessed Value
2020 $71,675 $430,048 $501,723

Home Value Compared to the Market

This property vs the competition

1699 N Arrowhead Ave is listed 1463.13% higher than the median list price for the city of San Bernardino which has a median list price of $499,000. The median price per/sqft for San Bernardino is $353 and this home is listed at $351.21 per/sqft which puts the price per square foot 0.51% lower than the median price per square foot for the city of San Bernardino.

About 1699 N Arrowhead Ave

Detailed summary of property

1699 N Arrowhead Ave is a multi family located in San Bernardino, CA 92405 and is currently for sale. This multi family property offers 44 bedrooms, 42 bathrooms, roughly 22,209 living square feet, and sits on an approximately 40,950 square foot lot. 1699 N Arrowhead Ave was first listed on ArdentRealEstateGroup.com on June 2, 2024. The homeowner is currently asking $7,800,000. The median priced home in San Bernardino is $499,000 with a median price per square foot of $353. Based on Ardent Real Estate Group's San Bernardino Market Data, this home is listed 1463.13% higher than the median priced home. Local competing homes currently for sale include 9190 Exposition Blvd. While the average home in San Bernardino, CA is selling in 55 days, 1699 N Arrowhead Ave has a days on market of 25 days. There are currently 406 homes for sale in the San Bernardino real estate market and 369 of them are single family homes while 36 of them are condos and 1 are townhomes. For more information on this home for sale at 1699 N Arrowhead Ave San Bernardino, CA 92405 contact Ardent Real Estate Group and we will put you in touch with one of our San Bernardino agents.

Public Facts for 1699 N Arrowhead Ave

Public county record property details
Beds
--
Baths
--
Year built
1970
Sq. Ft.
10,800
Lot Size
20,250
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
San Bernardino
Lot#
25
APN
0146-102-25-0000

The source for these homes facts are from public records.

92405 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$479,999
Median List Price/Sq.Ft.
$364
Median Sold Price
$467,000
Median Sold Price/Sq.Ft.
$352
Total Inventory
72
Median Sale to List Price %
100.43%
Avg Days on Market
24
Loan Type
Conventional (41.67%), FHA (41.67%), VA (8.33%), Cash (8.33%), Other (0%)

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San Bernardino Agent
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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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