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216 E 10th St, San Bernardino, CA 92410
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216 E 10th St San Bernardino, CA 92410

$1,050,000
  • 6 Beds
  • 5 Baths
  • 3,082 Sq.Ft.
For Sale
$1,050,000 Get Pre-Qualified
Map preview of 216 E 10th St, San Bernardino, CA 92410

Property Overview: 216 E 10th St San Bernardino, CA has 6 bedrooms, 5 bathrooms, 3,082 living square feet and 6,550 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: ***** Fresh New Look ***** Welcome to an exceptional investment opportunity in the heart of San Bernardino, where steady cash flow meets modern convenience. This meticulously renovated 5-unit apartment building presents a lucrative prospect for discerning investors seeking both stability and growth potential in the bustling real estate market. ***Prime Location*** ***Renovated*** ***Steady Cash Flow*** ***Low Vacancy Rates*** ***Turnkey Operation*** This apartment building represents a rare opportunity to secure a premium investment asset in a flourishing market. With its combination of desirable location, renovated interiors, and strong rental performance, the property stands poised to deliver lucrative returns and long-term appreciation. Don't miss out on this chance to add a gem to your investment portfolio. Act Now! Take the first step towards realizing your financial goals in real estate.

Listed by Ives Lopez | BRE #01232368 | Apartment Investing Realty, Inc.
Last checked: 3 minutes ago | Last updated: April 22nd, 2024 | Source CRMLS | DOM: 44
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Home details

Lot Sq. Ft
6,550
HOA Dues
$0/mo
Year built
1979
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
CV24046271
City
San Bernardino
County
San Bernardino
Time on Site
51 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,950
  • Total Rent: $1,950
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,450
  • Total Rent: $1,450
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $93,000
  • Net Operating Income: $69,204
  • Gross Operating Income: $91,140
Annual Expense Breakdown
  • Total Operating Expense: $21,936
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $1,872
  • Gardener: $1,080
  • Insurance: $4,032
  • Maintenance: $4,800
  • Professional Management: $7,440
  • Water/Sewer: $2,220

Open Houses for 216 E 10th St

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Property Details for 216 E 10th St

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Room Information
  • Kitchen, Living Room
Kitchen Information
  • Has Appliances
  • Gas Range, Gas Water Heater, Range Hood, Water Heater
Interior Features
  • Ceiling Fan(s), Open Floorplan, Unfurnished
  • Levels: Two
  • Window Features: Blinds
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
  • Lighting, Rain Gutters
  • Has Fence
  • Average Condition, Chain Link, Partial, Wood, Wrought Iron
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
  • Has Parking
  • Parking Features: Assigned, Carport, Covered
Lot Information
  • Lot Features: Front Yard, Landscaped, Rectangular Lot, Park Nearby, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 5
  • Parcel Number: 0140112220000
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available
Location / Neighborhood
Location Information
  • Directions: Cross Street: Sierra Way
  • Road Frontage Type: City Street
Neighborhood Information
  • Community Features: Curbs, Park, Sidewalks, Street Lights
View more facts & features

Local San Bernardino Agent

Sale History for 216 E 10th St

Last sold for $520,000 on December 10th, 2019

  • March, 2024

  • Mar 6, 2024

    Date

    Active

    CRMLS: CV24046271

    $1,050,000

    Price

  • December, 2019

  • Dec 11, 2019

    Date

    Sold

    CRMLS: PW18209233

    $520,000

    Price

  • Dec 9, 2019

    Date

    Active Under Contract

    CRMLS: PW18209233

    $520,000

    Price

  • Dec 16, 2018

    Date

    Active

    CRMLS: PW18209233

    $520,000

    Price

  • Dec 15, 2018

    Date

    Hold

    CRMLS: PW18209233

    $520,000

    Price

  • Sep 13, 2018

    Date

    Price Change

    CRMLS: PW18209233

    $520,000

    Price

  • Sep 5, 2018

    Date

    Price Change

    CRMLS: PW18209233

    $530,000

    Price

  • Aug 27, 2018

    Date

    Active

    CRMLS: PW18209233

    $560,000

    Price

  • Listing provided courtesy of CRMLS

    Great location for these 5 units! All units are clean inside and out! Newer roof and staircase. Painted last year and great parking.

  • December, 2019

  • Dec 9, 2019

    Date

    Sold (Public Records)

    Public Records

    $520,000

    Price

  • March, 2018

  • Mar 1, 2018

    Date

    Sold

    CRMLS: CV18016228

    $475,000

    Price

  • Feb 9, 2018

    Date

    Pending

    CRMLS: CV18016228

    $475,000

    Price

  • Feb 8, 2018

    Date

    Hold

    CRMLS: CV18016228

    $475,000

    Price

  • Jan 23, 2018

    Date

    Active

    CRMLS: CV18016228

    $475,000

    Price

  • Listing provided courtesy of CRMLS

    OUTSTANDING investment opportunity!!! . These 5 units are nestled in the center of a well established neighborhood, of primarily, single family homes. Conveniently located near city hall, parks, public transportation, & everyday essentials like grocery stores, eateries, & gas stations. Features include a 2 bd 1 bth single-family unit in front, with a small/ low maintenance front yard, & 4 1 bd 1bth units in the rear, situated as 2 on top & 2 at ground level. All units are rented and producing income. The oversized - linear driveway w/ carports, is a very highly sought after feature for the area; allowing for each resident to have their own designated parking space on the premises! The property has recent improvements to aesthetic landscaping & updated flooring in each unit. This property is low maintenance, & turnkey at close of escrow; Simply purchase, & receive the income without breaking stride. This is a fantastic opportunity to add a great property to your portfolio!

  • March, 2018

  • Mar 1, 2018

    Date

    Expired

    CRMLS: SB17208713

    $485,000

    Price

  • Oct 14, 2017

    Date

    Withdrawn

    CRMLS: SB17208713

    $485,000

    Price

  • Sep 9, 2017

    Date

    Active

    CRMLS: SB17208713

    $485,000

    Price

  • Listing provided courtesy of CRMLS

    OUTSTANDING investment opportunity!!! Get ahead of the pending economic development tidal poised to wash over the area over the next 5 years. These 5 units are true diamonds in the not-so-rough. A 2 bd 1 bth single-family home in front with small front yard and 4 1 bd 1bth units in rear stacked two on top and two at ground level. Units are currently rented and producing respectable monthly income with potential for more in the near future. Oversized linear driveway with carports that allow each resident to have a space on the property for their vehicle. Well established neighborhood with a variety in housing provisions (i.e. units and single-family homes). Close to city hall, parks, public transportation, and everyday essentials like grocery stores, eateries, and gas stations. Don't miss this fantastic opportunity to provide solid housing to the renting public while maintaining a valuable piece to any financial portfolio!

  • February, 2018

  • Feb 28, 2018

    Date

    Sold (Public Records)

    Public Records

    $475,000

    Price

  • January, 2018

  • Jan 23, 2018

    Date

    Sold

    CRMLS: PW17236228

    $385,000

    Price

  • Nov 29, 2017

    Date

    Pending

    CRMLS: PW17236228

    $415,000

    Price

  • Oct 14, 2017

    Date

    Active

    CRMLS: PW17236228

    $415,000

    Price

  • Listing provided courtesy of CRMLS

    OUTSTANDING investment opportunity!!! Get ahead of pending economic development poised to wash over the area during the next 5 years. These 5 units are true diamonds in the not-so-rough; nestled in the center of a well established neighborhood, of primarily, single family homes. Conveniently located near city hall, parks, public transportation, & everyday essentials like grocery stores, eateries, & gas stations. Features include a 2 bd 1 bth single-family unit in front, with a small/ low maintenance front yard, & 4 1 bd 1bth units in the rear, situated as 2 on top & 2 at ground level. All units are rented and producing income. The oversized - linear driveway w/ carports, is a very highly sought after feature for the area; allowing for each resident to have their own designated parking space on the premises! The property has recent improvements to aesthetic landscaping & updated flooring in each unit. This property is low maintenance, & turnkey at close of escrow; very little-to-nothing to do here. Simply purchase, & receive the income-bearing baton from the current owner, without breaking stride. This is a fantastic opportunity to be a benefit to the renting public, while at the same time, adding value to your personal portfolio! Out of respect for each tenants rights & their privacy, both the owner & management request that no one approach the property (beyond a discrete drive-by) without appointment. Your understanding & observance of this request is greatly appreciated.

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Tax History for 216 E 10th St

Assessed Value (2020): $494,190
Year Land Value Improved Value Assessed Value
2020 $78,030 $416,160 $494,190

Home Value Compared to the Market

This property vs the competition

216 E 10th St is listed 112.12% higher than the median list price for the city of San Bernardino which has a median list price of $495,000. The median price per/sqft for San Bernardino is $356 and this home is listed at $340.69 per/sqft which puts the price per square foot 4.3% lower than the median price per square foot for the city of San Bernardino.

About 216 E 10th St

Detailed summary of property

216 E 10th St is a mixed use located in San Bernardino, CA 92410 and is currently for sale. This mixed use property offers 6 bedrooms, 5 bathrooms, roughly 3,082 living square feet, and sits on an approximately 6,550 square foot lot. 216 E 10th St was first listed on ArdentRealEstateGroup.com on March 7, 2024. The homeowner is currently asking $1,050,000. The median priced home in San Bernardino is $495,000 with a median price per square foot of $356. Based on Ardent Real Estate Group's San Bernardino Market Data, this home is listed 112.12% higher than the median priced home. Local competing homes currently for sale include 5353 Huntington Dr, 5501 Alhambra Ave and 5501 Alhambra Ave. While the average home in San Bernardino, CA is selling in 51 days, 216 E 10th St has a days on market of 44 days. There are currently 372 homes for sale in the San Bernardino real estate market and 330 of them are single family homes while 40 of them are condos and 2 are townhomes. For more information on this home for sale at 216 E 10th St San Bernardino, CA 92410 contact Ardent Real Estate Group and we will put you in touch with one of our San Bernardino agents.

Public Facts for 216 E 10th St

Public county record property details
Beds
--
Baths
--
Year built
1979
Sq. Ft.
3,082
Lot Size
6,550
Stories
--
Type
Apartments (Generic)
Pool
No
Spa
No
County
San Bernardino
Lot#
10
APN
0140-112-22-0000

The source for these homes facts are from public records.

92410 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$429,000
Median List Price/Sq.Ft.
$380
Median Sold Price
$426,000
Median Sold Price/Sq.Ft.
$348
Total Inventory
39
Median Sale to List Price %
95.54%
Avg Days on Market
48
Loan Type
Conventional (22.22%), FHA (33.33%), VA (0%), Cash (38.89%), 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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