3 months on rocket

273 E Kingman St, San Bernardino, CA, 92410

$400,000

Home List Price

$4,750*

Closing Credit

0 Baths
Multi

Location

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273 E Kingman St, San Bernardino$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1950
MLS #SW24163685
Lot Size0.14 Acres
StatusActive

About 273 E Kingman St

This offering is an incredible buy! It's a duplex located in San Bernardino. It consists of two 1 bedroom 1 bath units. We are asking $400,000. As you can see in the attachments, there's a nearby duplex at 734-736 W 25th Street that sold on 09/14/23 for $445,000!!! This complex has been taken care of inside and out. Just check out the pictures! This offering really performs, and way beyond the market! We're at a $35,800 annual gross income, a 11.15 Gross Rent Multiplier, and a 7.24 Cap Rate, at market rents!! Check out the rent roll (IN SUPPLEMENTS), showing actual and month to month rents. All actual rents are month to month, and the tenant's know the property is for sale, and that their rents must be brought up to market after closing of this sale. To see market rents, please note the "RENT COMP" attached in SUPPLEMENTS. To see sale comp noting that we are listed $45,000 under market price, please see SALE COMP attached in SUPPLEMENTS. TENANTS KNOW PROPERTY IS FOR SALE AND KNOW WHAT MARKET RENTS ARE. THEY ARE WILLING TO CHANGE THEIR EXISTING MONTH TO MONTH RENTS, AND SIGN NEW RENTAL AGREEMENTS AT/NEAR MARKET RENTS, AT TRANSFER OF OWNERSHIP!!

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 1

Listing Office:

  • Office Name: Burton Commercial, Inc.
  • Office Phone: (951) 375-7433
  • Listing Agent: Tony Burton

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Other

Directions Information:

  • Directions: 10 to Waterman to Kingman

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000

Tax Information:

  • Annual Amount: $482
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in San Bernardino, CA.

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San Bernardino, CA

City

Med. Sold Price

$489K

Med. Price/SqFt

$357

Avg. Days On Market

28

# of Sold Homes

118

273 E Kingman St vs San Bernardino

101 DAYS ON ROCKET

+73 Days

$400,000

-$89K Less

KEY TAKEAWAY

This property is $89K less than the Median Sold Price in San Bernardino, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SW24163685

Listing Office:

  • Office Name: Burton Commercial, Inc.
  • Office Phone: (951) 375-7433
  • Listing Agent: Tony Burton

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 1:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$482$24,300
2020$568$24,051
2019$465$23,579
2018$451$23,117
2017$438$22,664

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-435078
3
/10

  • H. Frank Dominguez Elementary School

  • 135 S Allen St

  • 0.51 miles

  • Public District Grades KG-6

school-card-donut-435079
4
/10

  • Captain Leland F. Norton Elementary School

  • 747 N Mountain View Ave

  • 0.54 miles

  • Public District Grades KG-6

school-card-donut-435080
2
/10

  • Monterey Elementary School

  • 794 E Monterey Ave

  • 0.66 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,842. The majority of San Bernardino, CA residents have income less than $35k annually. Residents typically live in married, with kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›San Bernardino County›San Bernardino›92410›273 E Kingman St

This home is located at 273 E Kingman St in San Bernardino, CA and zip code 92410 in the Meadowbrook neighborhood. This home, which was built in 1950, sits on a 0.14 acre lot. It has been listed on Rocket Homes since August 08, 2024 and is currently priced at $400,000.

While more than 59 listings in San Bernardino, CA in October 2024 were sold above asking price, there were more than 27 listings sold at asking price, and more than 31 were sold below. The number of listings in San Bernardino, CA increased by 2.2% between September 2024 and October 2024. In October 2024, listings were on the market for 28 days. During the same period, the median list price in this real estate market was $489,000.

From Rocket Homes Real Estate and based on county public records data.

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