708 West 9th Street

San Bernardino, CA 92410

$2,359,000
Price
6
Beds
7,727 Sq. Ft.
$305 / Sq. Ft.
7,727
Sq. Ft.
$305
per Sq. Ft.

Description

Discover a prime investment opportunity at 708 W 9th St, San Bernardino. This fully remodeled property features 10 units, including a 1,377sf single-family home and 9 multifamily units on a combined 17,175sf lot. Enjoy newer plumbing, electrical, fencing, landscaping, and upgraded interiors. With two garages, ample gated parking, and an optional laundry area, this property offers convenience and potential. Current cap rate is 5.51% with room for growth. Don't miss out—call today!Discover a prime investment opportunity at 708 W 9th St, San Bernardino. This fully remodeled property features 10 units, including a 1,377sf single-family home and 9 multifamily units on a combined 17,175sf lot. Enjoy newer plumbing, electrical, fencing, landscaping, and upgraded interiors. With two garages, ample gated parking, and an optional laundry area, this property offers convenience and potential. Current cap rate is 5.51% with room for growth. Don't miss out—call today!
  1. Listed by Marlene Lopez • DRE #01833607 • Brokerage DRE #01927637 • Realty Masters & Associates • 9515268546

Property Details for 708 West 9th Street

Architectural Style
Traditional, Victorian
View
Neighborhood
Parking Spaces Total
2
Private Pool
No
Cooling Type
Wall/Window
Total Units
10.0
Building Type
Attached
Lot Size Source
Assessor
LISTING UPDATED: 10/15/2024 04:19 AM

Property Details for 708 West 9th Street

StatusActive
MLS #IG24209229
Days on Market25
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1900
CountySan Bernardino County

Building Information for 708 West 9th Street

Building/Complex708 W 9th StFloor-Stories2Residences-Pet Policy-Year Built1900Building Size-

Property Information for 708 West 9th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $156,000
  • Net Operating Income: $143,200
Expense Details
  • Operating Expense: $12,800
  • Fuel Expense: $0
  • Insurance Expense: $5,000
  • Professional Management Expense: $0
  • Trash Expense: $3,000
  • Water Sewer Expense: $4,800
  • Total Expenses: $12,800
Tax / Assessment Info
  • Tax Block: 71
  • Tax Tract Number: 56
  • Tax Census Tract: 56.01
  • CFD/Mello-Roos Fee: $2,663
  • Tax Lot: 1
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Laminate
Exterior Features
  • Roof: Shingle
  • Entry Location: Gated Entrance
  • Fence: Yes
  • Fence: Wrought Iron
  • Fencing: Wrought Iron
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Additional Parcels Description: 0140-134-100000
  • Lot Features: Yard
  • Number Of Units: 10
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 5
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 0
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 10
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2

Property History for 708 West 9th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 708 West 9th Street

Taxable ValueLand$270,608Additions$812,767Total$1,083,375
Tax Record2023$13,284 ($1,107 / month)
Home Facts
Total Finished SqFt4,604 SqFtAbove Grade Finished SqFt4,604 SqFtStories2Lot Size10,275 SqFtStyleMulti-Family Res (5+ Units)Year Built1900Year Renovated1955CountySAN BERNARDINOAPN0140-134-09-0000

Schools near 708 West 9th Street

This home is within San Bernardino City Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Juanita Blakely Jones Elementary School
PublicK to 6

Arrowview Middle School
Public6 to 8

Indian Springs High
Public9 to 12

Hardy Brown College Prep
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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708 West 9th Street is a multi-family home for sale in San Bernardino, CA 92410. This property was listed for sale on October 7, 2024 by Realty Masters & Associates, it's currently listed at $2,359,000. It has been on the market for a total of 25 days and was last sold on November 11, 2020. This listing's school district is San Bernardino City Unified School District. Nearby schools include Juanita Blakely Jones Elementary School, Arrowview Middle School and Indian Springs High. 708 West 9th Street is a 6-bed, 0-bath, 7,727 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Masters & Associates, Marlene Lopez, DRE #01833607

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.