1721 Fairfax Drive, San Bernardino, CA 92404
  • MLS#: IV25053103 ( Apartment )
  • Street Address: 1721 Fairfax Drive
  • Viewed: 5
  • Price: $3,100,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1963
  • Bldg sqft: 0
  • Days On Market: 47
  • Additional Information
  • County: SAN BERNARDINO
  • City: San Bernardino
  • Zipcode: 92404
  • Provided by: LE INVESTMENT GROUP
  • Contact: DARREN DARREN
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Le Investment Group is proud to present the Fairfax Apartments. Located at 1721 N Fairfax Drive, San Bernardino, CA92404, this 16 unit apartment complex, built in 1963, spans 14,136 square feet on a 0.65 acre lot. The property consists of four two story buildings, each containing four unitstwo on the ground floor and two on the upper level. Each unit offers two bedrooms and one bathroom, with an average size of 884 square feet. Recent renovations have modernized the units, enhancing their appeal to tenants while reducing maintenance costs for ownership. The property boasts strong occupancy rates, ensuring stable cash flow and long term investment potential. Its prime location near educational institutions, healthcare facilities, major shopping centers, and recreational areas further strengthens its desirability, attracting a broad tenant base and contributing to consistent demand and profitability. DRIVE BY ONLY DO NOT DISTURB TENANTS
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Features
Building Area Total
  1. 14136.00
Carport Spaces
  1. 16.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 1 Common Wall
Country
  1. US
Days On Market
  1. 12
Electric Expense
  1. 4812.00
Fuel Expense
  1. 4812.00
Garage Spaces
  1. 0.00
Insurance Expense
  1. 7500.00
Laundry Features
  1. Community
Levels
  1. Two
Lot Features
  1. Corner Lot
  2. Cul-De-Sac
Netoperatingincome
  1. 179202.00
Number Of Separate Electric Meters
  1. 16
Number Of Separate Gas Meters
  1. 16
Parcel Number
  1. 0147233070000
Parking Features
  1. Carport
Pool Features
  1. None
Postalcodeplus4
  1. 5500
Professionalmanagementexpense
  1. 11222.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 433852885:CRM
Taxblock
  1. 52
Totalexpenses
  1. 101358.00
Trash Expense
  1. 4812.00
Water Sewer Expense
  1. 4812.00
Water Source
  1. Public
Year Built
  1. 1963
Year Built Source
  1. Public Records