216 E 10th new Save Request In-Person Tour Request Virtual Tour
San Bernardino,CA 92410
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25139413
Construction Status Turnkey
HOA Y/N No
Year Built 1979
Lot Size 6,551 Sqft
Property Sub-Type Apartment
Property Description
Investor-ready and income-producing from day one, this fully occupied 5-unit property is the kind of smart, stable asset that rarely hits the market. Located just minutes from the revitalizing downtown core, 216 E. 10th St. offers a powerful combination of in-place cash flow, below-market rents, and low maintenance—all in a high-demand rental corridor of San Bernardino.
This two-story multifamily building features (1) 2BR/1BA detached house and (4) 1BR/1BA units, each with open floorplans, updated flooring, and individual gas & electric meters—keeping operating costs low and tenant satisfaction high. Turnkey, fresh exterior paint, and gated perimeter with off-street parking make this a well-cared-for investment.
All units are currently leased, generating consistent income and since current rents are below market, there's real potential for incremental income growth over time.
The property sits on a 6,550 sq ft lot and is surrounded by infrastructure improvements, transit access, and working-class rental demand. The location offers walkability, reliable tenants, and access to schools, shopping, and major employers.
Whether you're expanding a portfolio or deploying 1031 exchange funds, this asset delivers what today's buyers want: steady cash flow, solid bones, future upside, and little headache in a proven rental market.
Location
State CA
County San Bernardino
Area 274 - San Bernardino
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance Free-Standing Range,Gas Range
Laundry None
Exterior
Parking Features Assigned,Carport
Carport Spaces 5
Fence Chain Link,Wood
Pool None
Community Features Street Lights,Sidewalks
Total Parking Spaces 5
Private Pool No
Building
Lot Description Back Yard,Front Yard,Sprinklers In Front,Sprinklers Timer,Sprinkler System
Story 2
Sewer Public Sewer
Water Public
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 0140112220000
Acceptable Financing Cash,Cash to New Loan
Listing Terms Cash,Cash to New Loan
Special Listing Condition Standard