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879 N Arrowhead Ave, San Bernardino, CA 92401
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879 N Arrowhead Ave San Bernardino, CA 92401

$890,000 Sold Price as of 11/30/2022
  • 7 Beds
  • 5 Baths
  • 2,802 Sq.Ft.
Sold
$890,000 Sold Price as of 11/30/2022 Refinance Your Mortgage
Map preview of 879 N Arrowhead Ave, San Bernardino, CA 92401

Property Overview: 879 N Arrowhead Ave San Bernardino, CA has 7 bedrooms, 5 bathrooms, 2,802 living square feet and 9,375 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: HUGE PRICE REDUCTION, MOTIVATED SELELR WILL LOOK AT ALL OFFERS....Wonderful opportunity to own five Bungalow Style Units with front porch, side yards, and back and front parking. Front unit is a two bedroom house with gated front yard to compliment the long porch. Delivered fully occupied and rehabbed with ease of management, low expenses, and stable cash flow. Tenants pay all utilities, landlord pays trash & water. Larger than average yard with front street open location and visibility. Won't last long!

Listed by Azhar Sabir | BRE #01346363 | Shamoon Sikora, Broker
Last checked: 16 minutes ago | Last updated: December 1st, 2022 | Source CRMLS | DOM: 113

Home details

Lot Sq. Ft
9,375
HOA Dues
$0/mo
Year built
1927
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
PW22114873
City
San Bernardino
County
San Bernardino
Time on Site
848 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 5
  • # of Water Meters: 5
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,195
  • Total Rent: $1,195
  • Pro Forma/Market Rent: $1,195
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,295
  • Total Rent: $2,590
  • Pro Forma/Market Rent: $2,590
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,395
  • Total Rent: $1,395
  • Pro Forma/Market Rent: $1,395
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.43%
  • Gross Rent Multiplier: 11.56
  • Gross Scheduled Income: $81,960
  • Net Operating Income: $51,089
  • Gross Operating Income: --
  • Gross Spendable Income: $52,125
Annual Expense Breakdown
  • Total Operating Expense: $28,412
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $13,400
  • Trash: $2,892
  • Gardener: $1,800
  • Insurance: $2,160
  • Maintenance: $3,000
  • Professional Management: $3,204
  • Water/Sewer: $1,956

Property Details for 879 N Arrowhead Ave

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Bath, Family Room, Kitchen
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 5
  • Parcel Number: 0140221360000
  • Year Built Source: Public Records
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: 91E to Exit 44A 5th St to Arrowhead Ave
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local San Bernardino Agent

Sale History for 879 N Arrowhead Ave

Last sold for $890,000 on November 30th, 2022

  • November, 2022

  • Nov 30, 2022

    Date

    Sold

    CRMLS: PW22114873

    $890,000

    Price

  • Jun 3, 2022

    Date

    Active

    CRMLS: PW22114873

    $999,999

    Price

  • March, 2004

  • Mar 22, 2004

    Date

    Sold (Public Records)

    Public Records

    $315,000

    Price

  • November, 2003

  • Nov 18, 2003

    Date

    Sold (Public Records)

    Public Records

    $225,000

    Price

Show More

Tax History for 879 N Arrowhead Ave

Assessed Value (2020): $351,014
Year Land Value Improved Value Assessed Value
2020 $65,003 $286,011 $351,014

Home Value Compared to the Market

This property vs the competition

879 N Arrowhead Ave sold on November 30, 2022 for 91.98% higher than the current median sold price for the city of San Bernardino which is $500,000. The median sold price per/sqft for San Bernardino is $361 and this home is sold at $342.58 per/sqft which puts the price per square foot 5.1% lower than the current median sale per square foot for the city of San Bernardino.

About 879 N Arrowhead Ave

Detailed summary of property

879 N Arrowhead Ave is a multi family that recently sold in San Bernardino, CA 92401. This multi family property offered 7 bedrooms, 5 bathrooms, roughly 2,802 living square feet, and sits on an approximately 9,375 square foot lot. 879 N Arrowhead Ave was first listed on ArdentRealEstateGroup.com on June 3, 2022. The homeowner sold the property for $890,000. Home in San Bernardino are selling for a median price of $500,000 and a median price per square foot of $361. Based on Ardent Real Estate Group's San Bernardino Market Data, this home is sold 91.98% higher than the current median priced home. Local homes that are currently for sale include 2127 10th St, 2127 10th St and 4152 Locust St. While the average home in San Bernardino, CA is selling in 61 days, 879 N Arrowhead Ave has a days on market of 113 days. There are currently 446 homes for sale in the San Bernardino real estate market and 399 of them are single family homes while 42 of them are condos and 5 are townhomes. For more information on this home for sale at 879 N Arrowhead Ave San Bernardino, CA 92401 contact Ardent Real Estate Group and we will put you in touch with one of our San Bernardino agents.

Public Facts for 879 N Arrowhead Ave

Public county record property details
Beds
1
Baths
1
Year built
1927
Sq. Ft.
742
Lot Size
9,375
Stories
1
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
San Bernardino
Lot#
--
APN
0140-221-36-0000

The source for these homes facts are from public records.

92401 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$469,000
Median List Price/Sq.Ft.
$312
Median Sold Price
--
Median Sold Price/Sq.Ft.
--
Total Inventory
3
Median Sale to List Price %
--
Avg Days on Market
--
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Recently Sold Homes Near 879 N Arrowhead Ave

850 N Arrowhead Ave, San Bernardino, CA 92401
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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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