I have this property under contract with the seller. Address is 130 E Olive St in San Bernardino, CA 92410. 3 beds, 1 bath, 1905 built. County says 792 sq ft but we suspect it's bigger- weren't able to measure it though. Currently rented at 880 (not section 8) to a good tenant who pays on time. 1 year lease is up in July. Repairs (No more than 15k to get retail ready): Kitchen (looks decent as is) - new cabinets & counters Bath (looks decent as is) - new vanity Floors - spongy in some areas. 3 or 4 sheets of plywood's worth to fix. 80 yds carpet, another 80 vinyl in kitchen/bath. Roof - works, no leaks, but does look ugly on outside Detached garage - weren't able to get inside. Door needs repair Paint, other misc small stuff Best play would be to keep renting as-is or put 5k to fix floor/misc & rent out for 1000. We're asking the following: Buyer pays 95k cash Buyer pays closing costs Buyer deposits 5k EMD with 7 day close thereafter If you're good with the above conditions and are serious about buying, call or text ASAP at 909-385-0107.
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