1137-1139 N Mayfield Ave - Apartments FOR SALE


San Bernardino, CA 92410- Downtown San Bernardino
$1,350,000 USD
626-664-1341
1137-1139 N Mayfield Ave, San Bernardino, CA for Sale
$1,350,000 USD
Apartments - FOR SALE
1/20
null | Request Cap Rate

1137-1139 N Mayfield Ave
San Bernardino, CA 92410
Downtown San Bernardino


HIGHLIGHTS

  • 9 Total Units
  • 100% Occupied
  • 0.16 Acres
  • Great Rental Market

OVERVIEW

MAYFIELD AVE APARTMENTS is a well-maintained 9-unit multifamily investment opportunity located at 1137 N Mayfield Ave in San Bernardino, California. Built in 1958, the property consists of nine studio apartments within one building on an approximately 7,124-square-foot lot. The property is currently 100% occupied, providing immediate and consistent income with a reported NOI of $89,405 and a 6.62% cap rate. Recent infrastructure upgrades and effective management further support the property’s stable operating performance. Conveniently located near San Bernardino International Airport, major freeways, and San Bernardino County transit routes, Mayfield Ave Apartments benefits from strong accessibility and continued rental demand. This all-age community offers investors a stabilized, income-producing asset in an established Inland Empire rental market.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$258 USD /SF

# OF UNITS

9

PRICE/UNIT

$150,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,122 SF

ZONING

R1, San Bernardino

APN/PARCEL ID

0140-064-17

ASK ABOUT THIS PROPERTY

Victor MartinezVictor Martinez And AssociatesMore Info
626-664-1341

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Victor MartinezVictor Martinez And AssociatesMore Info
626-664-1341

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.