148 E Base Line St

Owner use or Investment Opportunity located in city of San Bernardino
Property has two units (“A” and “B”).
Total property size is 7,000SF and lots 24,800SF.
Unit “A” is 3,000SF and will be vacant by the end of April 2025. This is currently occupied with Auto dealer with the rent $3,271.50 plus CAM charge $630.
Unit “B” is 4,000SF for Tire shop with the rent $3,741.50 plus CAM charge $840 that was recently signed the new lease agreement for 5 years with two 5 years option. Annually fixed 4% increase.
Tenant is responsible for all utilities bills and all maintenance of lease potion of building.
Owner pays $13,280 for the property tax 2024.
CAP rate 5.6%
This is an excellent investment opportunity.