CalBRE# 01331008
Julian Munoz
Real Estate Services - Realtor
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818.399.4066
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1589 E Date St
Sab Bernardino, CA 92404
$469,000
Units : 2
Bathrooms : 2
Sq.Ft. : 3040
Lot Size : 11200
Property Type : Retail
Year Built : 1965
MlsNumber :
Status : Sold

Description:

REDUCED!Great Retail Investment. Good rate of return on new lease that is at $4,500/M for 5 years, 5 year option with CPI bumps on year 6 and 9. Only expense for landlord is property tax on this lease, all else is tenants. Current businesses are Mexican Fast Food and Mini Market. Both units under same lease and ownership.This is a lender repossessed property(REO) and disclosures are minimal. Agent advises that buyer conduct their own investigation to their satisfaction.

Feature List:

  • CAP 9.0+
  • $4,500/M rent
  • Monthly Exp $500
  • REO Sale
  • 14-15 parking spaces
  • Close to Freeway
  • Close to Gas Station
  • High Traffic Interse
  • Testimonials

    Julian did a great job for me in representing me on my home purchase in Oceanside. He was patient, considerate and negotiated a gr...
    - Ali Farizi

    Each office is independently owned and operated.

    701 S. Victory Blvd
    Burbank, CA 91502
    818.399.4066
    Julian4re@aol.com

    CalBRE# 01331008

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