34.14627 -117.2543

1525 E Lynwood Drive SAN BERNARDINO, CA 92404

262881761 34.14627 -117.2543 124 /listing/262881761-150175047/1525-e-lynwood-drive-san-bernardino-ca-92404 False 0 3130000.0 105 IV20031895 False
  • $3,130,000
  • 11,000 lot
  • Est payment $16802.52/mo

Property & Neighborhood Info

Courtesy Of ALBERT LE, LE INVESTMENT GROUP

Multi-Family in San Bernardino

The Copper Canyon Apartments is situated on three separate lots totaling 30,800 Sq.Ft. This twenty five unit apartment community is composed of 17 one bedroom / one bathroom units and 8 two bedroom / two bathroom units. This apartment community has been completely remodeled and truly shows a great pride of ownership not often seen. The condition of the property offers prospective buyers an asset that will require very minimal maintenance for decades to come. Current ownership emphasis has been on quality updates, and community security. The results are apparent with the 10-15% increase of rental income versus neighboring apartments, as well as far less turn over and vacancy of comparable properties. The atmosphere has created an ideal situation for working class families that choose to pay a small premium for updated living conditions and peace of mind.

Courtesy Of ALBERT LE, LE INVESTMENT GROUP
  1. 11,000 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1984
  • Garage: 25.0
  • Floors: 2
  • County: SAN BERNARDINO
  • Units: 25
  • MLS Number:IV20031895

Additional Features

  • Laundry:
    • Common Area
  • Common Walls:
    • 2+ common walls
  • Levels:
    • Two
  • Water Source:
    • Public
  • Year Built Source:
    • Public Records
  • Land Size Source:
    • Assessor
  • Lot Features:
    • 21-25 Units/Acre
    • Lawn
    • Level with Street
    • Near Public Transit
    • Sprinkler System
  • Pool Features:
    • Community
    • Fenced
    • Filtered
    • In Ground
  • Parking Spaces:
    • 25.00
  • Sewer:
    • Public Sewer
  • Community Features:
    • Sidewalks
    • Street Lights
    • Suburban
  • Number of Buildings:
    • 2
  • Gross Income:
    • 327600.00
  • Net Operating Income:
    • 197917.00
  • CDOM:
    • 149
  • Special Conditions:
    • Standard
  • Fuel Exp:
    • 0.00
  • Insurance Expense:
    • 4463.00
  • Listing Key:
    • 364020404
  • Lot Size Acres:
    • 0.2525
  • Lot Size Square Feet:
    • 11000.00
  • Maintenance Exp:
    • 9453.00
  • Operating Expense:
    • 116579.00
  • Price Per SQFT:
    • 209.04
  • Tax ID:
    • 0155161170000
  • Total Expenses:
    • 116579.00
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Doris Lipscomb
Doris Lipscomb
(714) 585-7355 (714) 974-2970
request more info.
34.14627 -117.2543

1525 E Lynwood Drive SAN BERNARDINO, CA 92404

262881761 34.14627 -117.2543 124 /listing/262881761-150175047/1525-e-lynwood-drive-san-bernardino-ca-92404 False 0 3130000.0 105 IV20031895 False
  • $3,130,000
  • 11,000 lot
  • Est payment $16802.52/mo