805 W 7th St, San Bernardino, CA 92410

Property Description

Great investment property with two separate single family homes on one lot. The front home, (805 W. 7th Street) is a 3 bed, 2 bath, with a large corner wrap around porch. New paint inside and out, refinished original hardwood floors, new vinyl floors in the bathroom and kitchen, steel security doors on the front and the back doors, security bars on all windows, new hot water heater, and much more. We are currently in the process of obtaining the permit for installing a new rear porch on the home and anticipate the project will be completed prior to close of escrow. The home could be used as a primary residence while renting out the other or as a rental itself for an estimated rent of $1,900 per month. The rear home (674. N H. Street) is a 2 bedroom, 1 bath, remolded with granite counters, a fenced yard, washer dryer hookups, laminate flooring, steel security doors on the front and the back doors, security bars on all windows, and a 2-car attached garage. The home is currently rented with a tenant who is on a guaranteed government rent program at $1,306 per month. The rent has not increased in two years and could be due for a rent increase. Buyer to check with city on the ability to build out the Garage as an ADU of the home located at 674 N. H. Seller was told that it can be done. Each home has its own Electric, gas and water meters. Seller is the Listing agent and is representing himself.