490 S Pershing Avenue, San Bernardino CA, 92408
(Active)
$399,999
|
4 beds, 4 Full baths, 1,848 sqft
|
MLS# CV24080258
Last Updated: 5/4/2024 10:34 AM
Description for
490 S Pershing Avenue
San Bernardino, CA 92408
Prime Investment Opportunity: 4-Unit Property on Corner Lot off Mill St and Pershing. Situated in a highly desirable location, this 4-unit property offers incredible potential for the savvy investor. 4 units total with parking. Each unit features a spacious 1 bedroom, 1 bathroom layout, and open living spaces. Although it has been vacant for over 2 years, this property presents a unique chance to revitalize and maximize its value by transitioning to COMMERICAL USE since it is Now Zoned Commercial. There are residential properties on one side and commercial on the other side. Please note that units have been taken down to studs/shell and access is limited. Growth potential is much higher as a commercial property once developed The city's preference for commercial establishments in the area further enhances the appeal of this property. Additionally, sufficient parking space is available, ensuring convenience for both tenants and visitors. Don't miss this opportunity to transform this corner lot gem into a thriving commercial property in a sought-after location.
Price
$399,999
San Bernardino
4
4 Full
1,848 (approx)
CV24080258
Active
Description
Prime Investment Opportunity: 4-Unit Property on Corner Lot off Mill St and Pershing. Situated in a highly desirable location, this 4-unit property offers incredible potential for the savvy investor. 4 units total with parking. Each unit features a spacious 1 bedroom, 1 bathroom layout, and open living spaces. Although it has been vacant for over 2 years, this property presents a unique chance to revitalize and maximize its value by transitioning to COMMERICAL USE since it is Now Zoned Commercial. There are residential properties on one side and commercial on the other side. Please note that units have been taken down to studs/shell and access is limited. Growth potential is much higher as a commercial property once developed The city's preference for commercial establishments in the area further enhances the appeal of this property. Additionally, sufficient parking space is available, ensuring convenience for both tenants and visitors. Don't miss this opportunity to transform this corner lot gem into a thriving commercial property in a sought-after location.
Listing Information
| Property Type: Single Family, Mixed Use, Traditional, 1 Story | ||
| 4 | 4 Full | |
| 0.19 Acres | Assessor | 1,848 (approx) |
| 1933 | 1 | |
Public
Unknown
Other
Neighborhood
School Information
| District: San Bernardino City Unified | ||
Room Information
| Bathrooms: Main Level: 4 | |||
| 4 | |||
Main Level: 4, Total: 4
See Remarks
Interior Features
Vinyl
Other
Other,
See Remarks
No Common Walls
4
None
Parking
All Bedrooms Down
Exterior / Lot Features
0 Covered Parking Spaces,
Driveway,Uncovered
Front Porch
None
None
COMMERCIAL
Fixer,Repairs Major,Under Construction
2-5 Units/Acre,Corner Lot,Rectangular Lot,Yard
Driving Directions
490 S Pershing Ave, San Bernardino, CA 92408-1346
Financial Considerations
| 0136201630000 |
Cash,Contract,FHA 203(k),Submit
Listing Price History
San Bernardino Real Estate
San Bernardino is located in California. San Bernardino, California 92408 has a population of 216,556.
The median household income in San Bernardino, California 92408 is $48,276. The median household income for the surrounding county is $65,961 compared to the national median of $66,222. The median age of people living in San Bernardino 92408 is 35 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
| Street Address | City | Beds | Baths | Sold Price | Sold Date | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| No information is available for recently sold properties within this search. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Price History
| Date | Event | Price | Source |
|---|---|---|---|
| 4/24/2024 | Active | $399,999 USD 42.86% |
|
| 6/4/2021 | Sold | $280,000 USD | public records |
Tax History (Sourced from Public Records)
| year | Property Taxes | Change | Tax Assessment | Change |
|---|---|---|---|---|
| 2023 | $3,772 USD | -0.19% | $291,312 USD | - |
| 2022 | $3,779 USD | 87.36% | $291,312 USD | 2.00% |
| 2021 | $2,017 USD | -0.15% | $285,600 USD | 99.58% |
| 2020 | $2,020 USD | 2.96% | $143,103 USD | 1.04% |
| 2019 | $1,962 USD | 1.13% | $141,636 USD | 2.00% |