25 days on rocket

7120 Perris Hill Rd, San Bernardino, CA, 92404

$1,088,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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7120 Perris Hill Rd, San Bernardino$1,088,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingCarport, Detached Carport
Year Built1936
MLS #IV24239161
Lot Size0.17 Acres
StatusActive

About 7120 Perris Hill Rd

Highlights: Probate Trust Sale / ProForma CAP Rate of 7.07% Achieved at Market Rent. / Over $200,000 in Recent Capital Improvements / Four Spacious Units: Three (3) large 3-bedroom units and one (1) expansive detached single family residence of 4-bedrooms / Fully Renovated Interiors: All units feature new tile flooring, fresh paint, modern kitchen cabinets, sleek countertops, and brand-new windows throughout. / Recent Exterior Upgrades: Includes a newly replaced roof and carport roof for added durability and curb appeal / Income Potential: Tremendous upside in rental income, making it an excellent investment opportunity. / FHA Financing Option: Eligible for FHA financing with just 3.5% down, allowing owner-occupants to possibly live in the detached 4-bedroom home and rent the 3-bedroom units to offset their mortgage. / Move-In Ready: No immediate updates needed ready for tenants or owner-occupants!

Property Details

Property Features

Property Information:

  • Year Built: 1936
  • Stories: 1

Listing Office:

  • Office Name: LE INVESTMENT GROUP
  • Office Phone: (909) 256-7889
  • Listing Agent: ALBERT LE

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Carport, Detached Carport

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Other

Directions Information:

  • Directions: Perris Hill Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,088,000

Tax Information:

  • Annual Amount: $5,488
  • 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

$490.9K

Med. Price/SqFt

$355

Avg. Days On Market

33

# of Sold Homes

107

7120 Perris Hill Rd vs San Bernardino

25 DAYS ON ROCKET

-8 Days

$1,088,000

+$597K More

KEY TAKEAWAY

This property is $597K more 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: #IV24239161

Listing Office:

  • Office Name: LE INVESTMENT GROUP
  • Office Phone: (909) 256-7889
  • Listing Agent: ALBERT LE

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: 12/18/2024, 4:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 17, 2015Home Sold
$375,000
Jul 05, 2000Home Sold
$110,000
May 20, 1998Home Sold
$165,000
Jul 25, 1995Home Sold
$150,000
Feb 01, 1995Home Sold
$115,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,488$410,117
2020$5,339$405,912
2019$5,196$397,953
2018$5,040$390,150
2017$4,891$382,500

History based on county public records data.

Payment Calculator

$5,498

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,328

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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-4370442
2
/10

  • Anton Elementary School

  • 1501 Anton Ct

  • 0.34 miles

  • Public District Grades KG-6

school-card-donut-4370443
5
/10

  • Fairfax Elementary School

  • 1362 Pacific St

  • 0.49 miles

  • Public District Grades KG-6

school-card-donut-4370444
5
/10

  • Bradley Elementary School

  • 1300 Valencia Ave

  • 0.51 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 $45,483. The majority of San Bernardino, CA residents have income between $35k-100k annually. The most common type of family is single, with kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›San Bernardino County›San Bernardino›92404›7120 Perris Hill Rd

This home is located at 7120 Perris Hill Rd in San Bernardino, CA and zip code 92404 in the Pacific neighborhood. This home, which was built in 1936, sits on a 0.17 acre lot. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $1,088,000.

In November 2024, from all listings sold in San Bernardino, CA there were more than 57 sold above asking price, over 26 sold below and more than 24 were sold right at the asked price. In November 2024 in San Bernardino, CA there were 6.1% less homes for sale than in October 2024. While the average time on the market in November 2024 was 33 days, the median list price was $490,931.

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

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