$700,000
$700,000
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3471 W Poppet ST San Bernardino, CA 92407
0.27 Acres Lot
Key Details
Sold Price $700,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV25136949
Sold Date 07/31/25
Construction Status Turnkey
HOA Y/N No
Year Built 2022
Lot Size 0.268 Acres
Property Sub-Type Single Family Residence
Property Description
Generate immediate and secure cash flow with this exceptional North San Bernardino property, perfect for savvy investors or those utilizing a 1031 exchange. This unique offering features two distinct, modern residences on a single lot, producing a combined gross rental income of $4,150 per month.
Peace of mind is built-in, as tenants in both the front house and the ADU have been professionally vetted and placed by a reputable 4-star property management company, ensuring a reliable income stream from day one. To maximize your return on investment, the property utilizes a Ratio Utility Billing System (RUBS), meaning tenants pay for all major utilities, including water, trash, electricity, and gas.
The front house is a beautifully updated 3-bedroom, 2-bathroom home leased at $2,500/month. The interior shines with contemporary finishes, including luxury vinyl plank flooring, sleek quartz countertops, and stainless steel appliances. The private, newly constructed 1-bedroom, 1-bathroom ADU generates an additional $1,650/month.
Whether you're looking to expand your portfolio or live in one unit (once the tenant's lease expires) while the other offsets your mortgage, this property is a turnkey solution. Located within walking distance to schools, parks, shopping, and dining, this is an unparalleled opportunity.
Location
State CA
County San Bernardino
Area 274 - San Bernardino
Rooms
Other Rooms Guest House Detached
Interior
Interior Features Ceiling Fan(s), Recessed Lighting, Unfurnished, All Bedrooms Down
Heating Central
Cooling Central Air
Flooring Vinyl, Wood
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Disposal
Laundry Inside, Stacked
Exterior
Parking Features Driveway, Garage Faces Front, Garage
Garage Spaces 2.0
Garage Description 2.0
Fence New Condition
Pool None
Community Features Street Lights, Suburban, Sidewalks
Utilities Available Sewer Connected, Water Connected
View Y/N Yes
View Mountain(s)
Total Parking Spaces 2
Private Pool No
Building
Lot Description Yard
Faces North
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Modern
Level or Stories One
Additional Building Guest House Detached
New Construction No
Construction Status Turnkey
Others
Senior Community No
Tax ID 0261771280000
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Energy Description 671.0
Acceptable Financing Conventional, FHA
Listing Terms Conventional, FHA
Financing VA
Special Listing Condition Standard
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Bought with Ron Ramos Realty One Group Complete