394 West 17th Street
394 West 17th Street
Pending
Pending
Description
394 W 17th Street boasts recent termite section one repairs and a vibrant exterior paint job. All of the units have been meticulously renovated with high-quality vinyl plank flooring, new kitchen cabinets, custom vanities, new windows, glass shower doors and modern fixtures. The units also feature ceiling fans, mirrored closets, wall air conditioning and heating and private patios or yards. The property features a courtyard, well-maintained mature landscaping, on-site parking and a laundry facility. The property offers convenient access to the 210, 215, 91, 60 and 10 freeways connecting to Riverside, Orange, and Los Angeles Counties. Neighboring cities include Riverside, Highland, Colton, Redlands, Yucaipa, and Loma Linda. Significant local landmarks within a 20-mile radius include: San Bernardino International Airport, Inland Center Mall, Waterman Discount Mall, Cal State University San Bernardino, Loma Linda University Medical Center and Yaamava’ Resort & Casino, to name a few. 394 W 17th Street is a prime Inland Empire income-producing property and a great long-term investment. The property offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.
- Listed by ERIC CHEN • DRE #01489184 • Brokerage DRE #00409987 • CB RICHARD ELLIS • 626-757-5717
Property Details for 394 West 17th Street
Location
Property Details for 394 West 17th Street
| Status | Pending |
|---|---|
| MLS # | CV24039459 |
| Days on Market | 32 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1942 |
| County | San Bernardino County |
Location
Building Information for 394 West 17th Street
Payment Calculator
$9,971 per month
30 year fixed, 7.25% Interest
$9,168
$803
$0
Property Information for 394 West 17th Street
- Gross Income: $151,596
- Gross Scheduled Income: $151,596
- Vacancy Allowance: 7580
- Gross Operating Income: $144,016
- Net Operating Income: $95,018
- Gross Multiplier: 11.08
- Cap Rate: 5.66
- Operating Expense: $48,999
- New Taxes Expense: $21,878
- Gardener Expense: $2,040
- Fuel Expense: $840
- Insurance Expense: $5,200
- Maintenance Expense: $6,600
- Professional Management Expense: $5,761
- Other Expense: $2,000
- Other Expense Description: Reserves
- Trash Expense: $2,520
- Water Sewer Expense: $2,160
- Total Expenses: $48,999
- Tax Block: B
- Tax Tract Number: 005400
- Tax Census Tract: 54.00
- CFD/Mello-Roos Fee: $1,971
- Tax Lot: 13
- Community Features: Curbs, Sidewalks
- Laundry: Yes
- Laundry Features: Common Area
- Cooling: Wall/Window Unit(s)
- Heating Type: Wall
- Heating: Wall Furnace
- Entry Location: 1
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Spa Features: None
- Lot Features: 6-10 Units/Acre
- Number Of Units: 8
- Land Lease: No
- Land Lease Type: Fee
- Levels: Two
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 2
- Uncovered Spaces: 8
- Open Other Spaces Total: 8
- Parking Garage Spaces: 2
- Carport Spaces: 0
- Unit Type Units Total: 1
- Unit Type Beds Total: 0
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,111
- Unit Type Total Rent: $13,332
- Unit Type Pro Forma: 1200
- Unit Type Type: 1
- Unit Type Units Total: 3
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,350
- Unit Type Total Rent: $48,600
- Unit Type Pro Forma: 1500
- Unit Type Type: 2
- Unit Type Units Total: 2
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,600
- Unit Type Total Rent: $38,400
- Unit Type Pro Forma: 1750
- Unit Type Type: 3
- Unit Type Units Total: 2
- Unit Type Beds Total: 3
- Unit Type Baths Total: 2
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $2,036
- Unit Type Total Rent: $48,864
- Unit Type Pro Forma: 2300
- Unit Type Type: 4
- Rent Controlled: Yes
- Number Of Buildings: 3
- Number Of Separate Electric Meters: 8
- Number Of Separate Gas Meters: 8
- Number Of Separate Water Meters: 1
Property History for 394 West 17th Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 394 West 17th Street
Schools near 394 West 17th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 4 to 6 |
Rating | School | Distance |
|---|---|---|
Lincoln Elementary School PublicK to 6 | ||
Arrowview Middle School Public6 to 8 | ||
San Bernardino High School Public9 to 12 | ||
Dr. Mildred Dalton Henry Elementary Public4 to 6 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of CB RICHARD ELLIS, ERIC CHEN, DRE #01489184
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.