2165 Sepulveda, San Bernardino, CA 92404

Property Description

Tenants in the front unit just moved out, and it is available for viewing!! Please DO NOT disturb tenants in the rear house. Two detached single-family homes on one lot. Ideal for an owner live in one and rents out the other house. This will essentially reduce the cost of home ownership by about half and can be financed with an FHA loan. It is located very close to San Bernardine Medical Center. The front home is big enough for a small or medium family. It offers 3 bedrooms and 1 bathroom (approx. 1,120 sq ft) and was partially updated within the past year. It was rented for $2300. The rear home includes 1 bedroom and 1 bathroom (approx. 595 sq ft), fully updated about 3 months ago. The 2-car garage attached to the rear house has been converted into additional living space (No permits), making it function as a 2-bedroom, 1-bath configuration. The current rent is $1650 a month. Property features separate gas and electric meters and a shared water meter, with 90% of water, sewer and trash bills currently billed back to tenants—enhancing operational efficiency. Strong rental history with long-term tenants and minimal vacancy over extended ownership. Tenants are on a month-to-month lease, providing flexibility for investors or future occupancy. Professionally managed and well maintained over the years, offering a turnkey investment profile with stable income characteristics.