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$ 1,299,990
Est. payment | /mo
0.62 Acres Lot
$ 1,299,990
Est. payment | /mo
0.62 Acres Lot
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID IG25240738
HOA Y/N No
Year Built 1959
Lot Size 0.620 Acres
Property Sub-Type Mixed Use
Property Description
**PRIME CORNER** investment opportunity located at the northeast corner of Tippecanoe Avenue and Gould Street in San Bernardino, CA. This property features four income-producing rental units situated on approximately 0.62 acres across two parcels. Currently zoned RMH (Residential 24 units per acre), the site offers strong potential for more multifamily units or a zone change to CG-1 (General Commercial), which would allow for fast food, gas station, or retail chain and many other commercial uses to optimize the high traffic corner. Discussions with the city have been well received with positive feedback for the potential zone change to CG-1, as it would be consistent with the existing commercial developments directly across the street. Positioned along a major arterial with approximately 30,000 cars per day, this highly visible location is just one minute from the I-10 Freeway and five minutes from Loma Linda University Medical Center and San Bernardino International Airport. The property provides immediate rental income during the entitlement or redevelopment phase, making it an ideal opportunity for developers, investors, or owner/users seeking a well-located infill site with strong upside potential.
Location
State CA
County San Bernardino
Area 274 - San Bernardino
Interior
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Suburban
Private Pool No
Building
Lot Description 21-25 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 0281112250000
Acceptable Financing Cash, Conventional, Owner May Carry, Submit
Listing Terms Cash, Conventional, Owner May Carry, Submit
Special Listing Condition Standard

Listed by Robert Mendez Re/Max Time Realty 951-283-5015

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