Property photo 1
Listed by LE INVESTMENT GROUP, DARREN CORREA, Listing Contact: 714-310-2840 
2 Beds
1 Bath

$2,400,000

1721 N Fairfax Drive, San Bernardino CA, 92404

Property typeMulti-family

Overview

Active

Listed Mar 10, 2025

Updated 4 weeks ago

****$590K Price Reduction****The Fairfax Apartments located at 1721 N Fairfax Drive, San Bernardino, CA. 92404, 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 consist of 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

$15,967/mo

Est. mortgage payment based on a $2,400,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
IV25053103

Interior Features

Bedrooms
2
Bathrooms
1
Basement
No

Exterior Features

Lot Size
0.65 Acres

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