695 W 17th Street
- In-Place Cash Flow with Upside: ~$5,350/month current income with clear rent growth potential.
- Triplex Configuration: Detached SFR plus duplex diversifies income and reduces vacancy exposure.
- Single-Family Premium: Detached unit supports higher rents and stronger tenant retention.
- Renovated Interiors: Updated units minimize capex and support stable, efficient operations.
- Strong Rental Demand: Located in a consistent workforce housing market with solid occupancy trends.
- Strategic Location: Proximity to major corridors, retail, and employment centers enhances tenant appeal.
- Efficient Unit Mix: 1Bd and 2Bd layouts maximize leasing flexibility and absorption.
- Stabilized with Upside: Day-one yield with additional NOI growth through rent optimization.
Property Description
695 W 17th St presents a 3-unit investment opportunity consisting of a detached 2Bd/2Ba house and a separate duplex with two 1Bd/1Ba units. The property generates approximately $5,350 per month in gross rental income, providing immediate cash flow with additional upside potential. The units feature updated interiors, enhancing tenant appeal and supporting stable occupancy. The detached house offers single-family style living, while the duplex units provide efficient, easy-to-lease rental housing, creating diversified income streams on a single parcel. Located in a strong rental pocket of San Bernardino, the property benefits from proximity to major transportation corridors, retail amenities, and local employment centers. An attractive opportunity for investors seeking a stabilized asset with updated units and long-term rental demand.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $700,000 |
| No. of Units: | 3 |
| Year Built: | 1952 |
| Lot Size: | 0.15 Acres |
| Opportunity Zone: | No |
| Price per unit: | $233,333 |
| Property Website | Click Here |
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