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.
|
DAYS ON MARKET
|
1
|
LAST UPDATED
|
6/20/2025
|
|
YEAR BUILT
|
1979
|
COMMUNITY
|
274 - San Bernardino
|
|
COUNTY
|
San Bernardino
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Free-Standing Range, Gas Range |
| AREA |
274 - San Bernardino |
| HEAT |
Wall Furnace |
| INTERIOR |
Ceiling Fan(s) |
| LOT |
6551 sq ft |
| LOT DESCRIPTION |
Back Yard, Front Yard, Sprinklers In Front |
| PARKING |
Assigned, Carport |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| WATER |
Public |
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Listed with Apartment Investing Realty, Inc.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 6/21/25 10:40 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2025.
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