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1475 E Date St
San Bernardino, CA 92404
Mountain View · Multifamily Property For Sale
·
67 Units
PROPERTY FACTS
| No. Units | 67 | Building Size | 52,752 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1985 |
| Building Class | C | Parking Ratio | 1.66/1,000 SF |
| Lot Size | 2.40 AC | ||
| Zoning | R3, San Bernardino | ||
| No. Units | 67 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.40 AC |
| Building Size | 52,752 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1985 |
| Parking Ratio | 1.66/1,000 SF |
| Zoning | R3, San Bernardino |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Disposal
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Walk-In Closets
- Carpet
- Freezer
- Island Kitchen
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Picnic Area
- Pool
- Property Manager on Site
- Tenant Controlled HVAC
- Gated
- Maintenance on site
- Online Services
- Walk-Up
ABOUT 1475 E DATE ST , SAN BERNARDINO, CA 92404
CBRE is proud to exclusively present Mountain View Apartments, located at 1475 E Date Street in the city of San Bernardino, just south of the 210 Freeway, between Golden Avenue and Del Rosa Avenue. Mountain View Apartments is positioned within a 2-mile radius from St. Bernardine Medical Center, Kaiser Permanente, bus stops, supermarkets, financial institutions, shopping centers, and various fast food retailers while being surrounded by multiple primary and secondary schools. It is also within driving distance to Cal State San Bernardino using the 210 and 215 Freeways. Mountain View Apartments is a well-maintained, non-rent controlled, two-story, 67 unit property. Built in 1985, Mountain View Apartments is situated on a neatly landscaped ±2.35 Acre lot, with a total building size of ±52,752 square feet. Mountain View Apartments features 24-hour secured access with remote control, gated parking, gated pool, on-site laundry facility, on-site leasing management office, and on-site maintenance. Mountain View Apartments offers a diverse unit mix of one and two bedroom units with an average unit size of 787 square feet. Every unit includes central air conditioning and heating, security door, an oven/stove, a dishwasher, garbage disposal, vertical blinds, and walk-in closets. Select units have been upgraded with hard wood flooring throughout the entire unit and ceiling fans in dining room. Mountain View Apartments is currently is generating $64,876 in monthly rental income. There is an on-site laundry room generating additional income of $10,501 per month. There remains upside potential in rental income with comparable one-bedroom units in the immediate area achieving $1,050 per month and two-bathroom units achieving between $1,150 to $1,250 respectively. Implementing the higher rental rate would yield a 20% increase in Rental Income. There is additional rental upside by completing interior renovations for every unit, which would yield a 30% increase in Rental Income over Current Rents.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 18 | - | 680 |
| 2+1 | 24 | - | 780 |
| 2+2 | 25 | - | 840 |
PROPERTY TAXES
| Parcel Number | 0272-192-07 | Improvements Assessment | $7,863,316 |
| Land Assessment | $585,102 | Total Assessment | $8,448,418 |
PROPERTY TAXES
