Description
Investor-ready and income-producing from day one, this fully occupied 5-unit property is the kind of smart, stable asset that rarely hits the market. located just minutes from the revitalizing downtown core, 216 e. 10th st. offers a powerful combination of in-place cash flow, below-market rents, and low maintenance—all in a high-demand rental corridor of san bernardino.
this two-story multifamily building features (1) 2br/1ba detached house and (4) 1br/1ba units, each with open floorplans, updated flooring, and individual gas & electric meters—keeping operating costs low and tenant satisfaction high. turnkey, fresh exterior paint, and gated perimeter with off-street parking make this a well-cared-for investment.
all units are currently leased, generating consistent income and since current rents are below market, there’s real potential for incremental income growth over time.
the property sits on a 6,550 sq ft lot and is surrounded by infrastructure improvements, transit access, and working-class rental demand. the location offers walkability, reliable tenants, and access to schools, shopping, and major employers.
whether you’re expanding a portfolio or deploying 1031 exchange funds, this asset delivers what today’s buyers want: steady cash flow, solid bones, future upside, and little headache in a proven rental market.
Property Type
Residential IncomeCounty
San BernardinoStyle
Residential IncomeAD ID
50236787
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Interior Features: Ceiling Fan(s)
- Windows: Blinds
- Property Appliances: Free-Standing Range,Gas Range
- Fireplace: None
- Flooring: Laminate
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1979
- Building Area Total: 3,082
Pool Features
- None
Laundry Features
- None
Fencing
- Chain Link,Wood
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1504
- Lot Size Source: Assessor
- Lot Size Square Feet: 6550
-
Listing Information
Listing Price Information
- Original List Price: 950,000
- Listing Contract Date: 2025-06-20
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 0140112220000
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Assigned,Carport
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 274 - San Bernardino
- Directions: Cross street: Sierra Way
- Source Property Type: Residential Income
- Area: 274 - San Bernardino
- Property SubType: Apartment
Building and Construction
- Property Age: 46
- Common Walls: 1 Common Wall
- Property Condition: Turnkey
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
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BuyOwner last updated this listing 07/04/2025 @ 12:12
- MLS: CV25139413
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 3,082 sqft, 6,550 sized lot, and 0 parking. are nearby neighborhoods.