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1479 N Lugo Ave
San Bernardino, CA 92404
Multifamily Property For Sale
·
6 Units
Investment Highlights
- PREMIUM 6.00% RETURN: Lugo offers investors attractive in-place income and growth potential through rent increases.
- STRONG RENTER DEMOGRAPHICS: San Bernardino’s housing stock is approximately 57% renter-occupied and 43% owner-occupied.
- DESIRABLE UNIT MIX: Comprised of six two-bedroom, one-bathroom units averaging 750 square feet.
- CENTRAL SAN BERNARDINO LOCATION: Located near Downtown San Bernardino, Inland Center Mall, San Manuel Stadium, and Glen Helen Regional Park.
Property Facts
| No. Units | 6 | Building Size | 8,316 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1972 |
| Building Class | C | Parking Ratio | 0.83/1,000 SF |
| Lot Size | 0.18 AC | ||
| Zoning | R3, San Bernardino - High Density Residential | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 8,316 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 0.83/1,000 SF |
| Zoning | R3, San Bernardino - High Density Residential |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Smoke Free
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | 750 |
Property Taxes
| Parcel Number | 0146-172-11 | Improvements Assessment | $540,469 |
| Land Assessment | $113,782 | Total Assessment | $654,251 |
Property Taxes
Parcel Number
0146-172-11
Land Assessment
$113,782
Improvements Assessment
$540,469
Total Assessment
$654,251
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