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2142 N Arrowhead Ave, San Bernardino, CA 92405
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2142 N Arrowhead Ave San Bernardino, CA 92405

$2,480,000
  • 16 Beds
  • 16 Baths
  • 7,488 Sq.Ft.
For Sale
$2,480,000 Get Pre-Qualified
Map preview of 2142 N Arrowhead Ave, San Bernardino, CA 92405

Property Overview: 2142 N Arrowhead Ave San Bernardino, CA has 16 bedrooms, 16 bathrooms, 7,488 living square feet and 20,400 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: GREAT LOCATION AND CONVENIENCE! THIS APARTMENT BUILDING IS EASY TO MANAGE AND EASY TO RENT WITH GOOD RENTAL INCOME! SHORT WALKING DISTANCE TO POST OFFICE, BANKS, AND FAST FOOD, ETC. TOTAL OF 16 UNITS – ALL UNITS ARE 1 BED/1 BATH SINGLE-STORY BUNGALOW STYLE APARTMENTS. THERE ARE 8 STRUCTURES, WITH 2 ATTACHED UNITS PER STRUCTURE. THERE ARE 8 UNITS THAT HAVE A SMALL BACKYARD. THERE ARE 12 PARKING SPACES THAT ARE COVERED CARPORTS IN THE BACK OF THE LOT. MANY TENANTS HAVE BEEN LONG-TERM TENANTS PAYING BELOW MARKET RENT, HENCE, GREAT UPSIDE POTENTIAL IN RENTAL INCOME FOR APARTMENT INVESTORS.

Listed by Arthur Tsai | BRE #01493604 | Prime Realty
Last checked: 7 minutes ago | Last updated: August 25th, 2024 | Source CRMLS | DOM: 23

Home details

Lot Sq. Ft
20,400
HOA Dues
$0/mo
Year built
1931
Garage
--
Property Type:
Apartment
Status
Active
MLS#
TR24176348
City
San Bernardino
County
San Bernardino
Time on Site
24 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 16
  • Total # of Buildings: 8
  • # of Electric Meters: 16
  • # of Gas Meters: 16
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 16
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $160,000
  • Total Rent: $250,000
  • Pro Forma/Market Rent: $250,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $250,000
  • Net Operating Income: $150,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $100,000
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

Open Houses for 2142 N Arrowhead Ave

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Property Details for 2142 N Arrowhead Ave

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 Parking Spaces: 12
Lot Information
  • Lot Features: 16-20 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 16
  • Parcel Number: 0145033350000
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Nearest cross street is Highland Ave
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local San Bernardino Agent

Sale History for 2142 N Arrowhead Ave

Last sold for $800,000 on September 21st, 2011

  • August, 2024

  • Aug 25, 2024

    Date

    Active

    CRMLS: TR24176348

    $2,480,000

    Price

  • September, 2011

  • Sep 21, 2011

    Date

    Sold (Public Records)

    Public Records

    $800,000

    Price

  • October, 2007

  • Oct 31, 2007

    Date

    Sold (Public Records)

    Public Records

    $324,000

    Price

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Tax History for 2142 N Arrowhead Ave

Assessed Value (2020): $918,804
Year Land Value Improved Value Assessed Value
2020 $91,881 $826,923 $918,804

Home Value Compared to the Market

This property vs the competition

2142 N Arrowhead Ave is listed 406.78% higher than the median list price for the city of San Bernardino which has a median list price of $489,369. The median price per/sqft for San Bernardino is $348 and this home is listed at $331.2 per/sqft which puts the price per square foot 4.83% lower than the median price per square foot for the city of San Bernardino.

About 2142 N Arrowhead Ave

Detailed summary of property

2142 N Arrowhead Ave is a apartment located in San Bernardino, CA 92405 and is currently for sale. This apartment offers 16 bedrooms, 16 bathrooms, roughly 7,488 living square feet, and sits on an approximately 20,400 square foot lot. 2142 N Arrowhead Ave was first listed on ArdentRealEstateGroup.com on August 25, 2024. The homeowner is currently asking $2,480,000. The median priced home in San Bernardino is $489,369 with a median price per square foot of $348. Based on Ardent Real Estate Group's San Bernardino Market Data, this home is listed 406.78% higher than the median priced home. Local competing homes currently for sale include 302 N Bush St, 605 E Sycamore St and 601 E Sycamore St. While the average home in San Bernardino, CA is selling in 58 days, 2142 N Arrowhead Ave has a days on market of 23 days. There are currently 449 homes for sale in the San Bernardino real estate market and 407 of them are single family homes while 38 of them are condos and 4 are townhomes. For more information on this home for sale at 2142 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 2142 N Arrowhead Ave

Public county record property details
Beds
16
Baths
16
Year built
1931
Sq. Ft.
7,488
Lot Size
20,400
Stories
--
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
San Bernardino
Lot#
8
APN
0145-033-35-0000

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
$449,900
Median List Price/Sq.Ft.
$347
Median Sold Price
$490,000
Median Sold Price/Sq.Ft.
$379
Total Inventory
72
Median Sale to List Price %
102.08%
Avg Days on Market
32
Loan Type
Conventional (10.53%), FHA (63.16%), VA (0%), Cash (21.05%), Other (0%)

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San Bernardino Agent
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(714) 706-1823

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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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