1721 N Fairfax Dr
San Bernardino, CA 92404

Bd   Ba   14,136 Sqft   136 Days
Great investment for this 16 units apartment!!! Each unit consists of 2 beds 1 bath with an average Square footage of 884 per unit. The property is right next to school. Great CASH FLOW!!! 100% Occupied. Very low maintenance cost. The owner recently remodel the units. There are 4 separate buildings, with 4 different address: 1721,1725,1729 and 1731 Fairfax Dr., San Bernardino, all 4 building are in the same parcel. Each building has two stories and 4 units which is 2 units up and 2 units down. Each unit has one covered carport. Landlord pays for water and trash. Tenants pays for gas and electricity. The property is to be sold AS IS. Please drive by only, the manager or tenants doesn't aware the apartment is for sale. The onsite Manager receives $750/month credit toward her rent. **** VERY HIGH CAP RATE 7.72% ****
  • $0 HOA
  • $141/Sqft
  • MLS#OC17105349 provided by Kunyarin Visarutanun of Realty Benefit
  • Movoto last checked CRMLS for new data 4 hours ago
  • CRMLS last updated this listing 4 months ago

Home Features for 1721 N Fairfax Drive, San Bernardino

Year Built: 1963
Lot Size Square Feet: 28500
Lot Size Units: Square Feet
Price Per Square Foot: 141.41
Tax Lot: 7
Tax Tract Number: N/a
New Taxes Expense: 13121
Parcel Number: 147233070000
Tax Census Tract: 63.01
Special Listing Conditions: Standard
Standard Status: Active
Interior
Average 2nd Bedroom Area: 884
Exterior
Levels: Two
Common Walls: 1 Common Wall
Building Area Units: Square Feet
Average 2nd Bedroom Area Units: Square Feet
Average Studio Area Units: Square Feet
Number Of Buildings: 4
Average 3rd Bedroom Area Units: Square Feet
Average 1st Bedroom Area Units: Square Feet
Building Area Total: 14136
Parking Features: Carport Detached
Carport Spaces: 1
Parking Total: 1
Number Of Units Total: 16
Property Attached Y/N: 1
Amenities / Utilities
Fireplace Features: None
Trash Expense: 2400
Water Sewer Expense: 6660
Electric Expense: 1721
Laundry Features: See Remarks
Community Features: Street Lighting
Pool Features: None
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Property History for 1721 N Fairfax Drive, San Bernardino

Status
Date
Price
Listed
May 12, 2017
$1,999,000
#OC17105349
Sold
Sep 30, 2016
$1,495,000
Pending
Jul 17, 2016
Listed
Jul 8, 2016
$1,545,000
#OC16148886
Sold
Feb 27, 2015
$1,000,000
Listed
Jan 5, 2015
$1,125,000
#OC15001877

Mortgage Rates for 1721 N Fairfax Drive, San Bernardino

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Real Estate Market Statistics for 1721 N Fairfax Drive, San Bernardino

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1721 N Fairfax Drive

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DRNAG
San Bernardino
92404
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$2M

1721 N Fairfax Drive

$267K

DRNAG

1% y/y

DRNAG

$289K

92404

3% y/y

92404

$274K

San Bernardino

2% y/y

San Bernardino

See all trends for San Bernardino
As of today, there are 101 properties listed for sale in ZIP code 92404 and 398 properties listed for sale in the city of San Bernardino, CA. This property at 1721 N Fairfax Dr in 92404 is currently listed for $1,999,000. This is 628% above the $274,499 median price for San Bernardino and 590% above the 92404 median of $289,900. Of the 398 properties for sale in San Bernardino, 349 are single family homes and 49 are condos. 1721 N Fairfax Dr is a multi family home that is approximately 14,136 square feet, 923% above the San Bernardino median of 1,382 and 842% above the 92404 ZIP code median of 1,500. The price per Sqft is $141, which is 25% below the median price in 92404 of $187 and 29% below the San Bernardino median of $199 per Sqft.
Built in 1963, this multi family house at 1721 N Fairfax Dr is approximately 14,136 square feet and comes with 1 parking spot. It is listed on 05/12/2017 with a cost per Sqft of $141. 1721 N Fairfax Dr is located in the DRNAG neighborhood in the San Bernardino City Unified School District. The closest school is Hunt Elementary School.

1721 N Fairfax Dr has been on the market for 136 days. The median days on the market for properties in this area is 39 with a median list price of $274,499 and median cost per square foot of $199. It's currently listed as active under the MLS #OC17105349.

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