Property Detail
Description
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.
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Listing provided courtesy of Ives Lopez of Apartment Investing Realty, Inc.. Last updated 2025-06-26 08:11:36.000000. Listing information © 2025 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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