Millman Team Real Estate

$1,199,000
0.24 Acre Lot

928 N Arrowhead Avenue, San Bernardino, California 92410

  • Residential Income Property Type
  • 1922 Year Built
Property Description

High-Yield Investment Opportunity – Prime San Bernardino 5 Unit Complex – One of the Highest Returns On The Market. 100% Occupied at Current Market Rents.

Exceptional value-added opportunity in a sought-after San Bernardino. This 5-unit income property offers strong rental income, Well Above Market Average, excellent tenant retention with Built in Amenities. All units Have Washer and Dryer Connections as well as Central AC and Heating.

Property Highlights:

Unit 1 – 2 Bed 2 Bath

Unit 2 – 2 Bed 1 Bath

Unit 3 – 3 Bed 2 Bath

Unit 4 – 2 Bed 1 Bath

Unit 5 – 2 Bed 1 Bath.

Separate Gas and Electric Meters for each unit, Tenants Pay Water and Trash on a pro rated basis making this property Almost Expense Free.

Ample Parking Plus Two Single Car Garages that may have a potential to be converted to a dwelling to increase income.

Investment Advantages:

Prime Location: Situated in a rapidly developing area benefiting from ongoing city improvements, New Starbucks, Carwash, Strip Malls among other business investing in the immediate area.

Strong Demand: Close to shopping, dining, entertainment, and public transportation, ensuring consistent tenant interest.

Well-laid-out units having had significant renovations to ensure this will be a maintenance free Investment for Years.

Tenant Stability: Desirable unit mix and convenient location and built in amenities contribute to long-term occupancy rates.

A rare opportunity to secure a high-performing asset—ideal for investors seeking well above-average returns. All Units Are Occupied at Current Market Rents.

Basic Details
Residential Income
For Sale
PW25112421
$1,199,000
1922
0.24 Acre
Active
1
Apartment
Features
: None
: Central
: Central Air
: None
: Laminate
: Inside
: Public Sewer
: Sewer Connected
$0
Address Map
CA
San Bernardino
San Bernardino
92410
Arrowhead
928
Avenue
Baseline to Arrowhead
274 - San Bernardino
N
Additional Information
$0
$0
$0
$0
$0
3160
: Sidewalks, Street Lights, Urban, Storm Drain(s)
1
1.0
: 2-5 Units/Acre
5
2025-05-20
2
: Public
Broker/Agent Information
Advantage Investment Propertie
Sean Daugherty
Listing Information
PDAUGSEA
PB15389
Cash,Cash to New Loan
Active
2025-08-29T16:48:23Z
CRMLS
: Standard
2025-07-24T00:01:34Z
Agent info
Ray Millman
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