345 W 41st Street new

San Bernardino,CA 92407

$ 14200000

- Bed

- Bath

62242 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 62,242 sqft

Price per Sqft $228

MLS Listing ID CRCV25115890

HOA Y/N No

Year Built 1968

Lot Size 3.720 Acres

Property Sub-Type Other

Source Datashare California Regional

Property Description

We are proud to present Mayfield Park Apartments, an 83-unit multifamily property strategically located in San Bernardino, California. Located at 345 W 41st Street, the property is strategically positioned within the high-demand Inland Empire market, offering investors direct access to a strong working-class demographic and significant rental upside potential. Situated between N Newmark Avenue and Lorraine Drive, the property benefits from excellent access to a wide array of amenities, transportation options, and its close proximity to Cal State University San Bernardino. This offering represents a unique chance to acquire a well-located asset with significant potential in an opportunity-rich Inland Empire submarket. Mayfield Park Apartments, constructed in 1968 and situated on a spacious 3.72-acre lot, is a well-maintained, two-story property encompassing 64,242 square feet. Recent capital improvements, including light interior renovations on turned-over units, position the property for significant value add through continued renovations. The community offers a desirable unit mix of one-bedroom/one-bathroom and two-bedroom/one-bathroom residences. Interior unit amenities include AC and heating, a combination of carpet and tile flooring, fully equipped kitchens, modernized bathro

Location

State CA

County San Bernardino

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Other

Building

Lot Description Other

Water Public

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