1101 N Mount Vernon, San Bernardino, California 92411, San Bernardino, 92411 - 0 bed, 0 bath
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San Bernardino, California 92411
Analysis of 1101 N Mount Vernon, San Bernardino, California 92411 is currently available with a list price of $1,300,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the San Bernardino Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1930, this mixed-use property is aged but functional and currently income-generating. While the exterior and units appear maintained through regular upkeep, the infrastructure is vintage and the interior finishes in the residential units are outdated, lacking evidence of a recent comprehensive renovation.
The mixed-use configuration featuring a long-term commercial liquor store tenant and two residential units provides a stable, multi-faceted income stream totaling $80,400 annually.
Ideally situated just 0.75 miles from the I-215 and 1.5 miles from the 210 Freeway, the property offers excellent connectivity that ensures high demand for both the retail and residential spaces.
The lease structure minimizes landlord responsibility, as tenants pay their own utilities and maintain the grounds, leaving the owner with only fixed costs like taxes and insurance.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3297, other record living area = 1497.
Built in 1930, the property may require significant capital expenditures for repairs or modernization of aging structural and mechanical systems common in century-old buildings.
The $1.3 million asking price represents a substantial increase over historical sales data for the area, requiring a high-yield justification in the San Bernardino submarket.
Pleased to present the exclusive opportunity to acquire the mixed-use property comprised of 3 units, including one (1) retail unit occupied by a liquor store and two (2) apartment units of 2 BD/1BA each, ideally located near the intersection of Base Line St. & Mt. Vernon Ave. With excellent proximity to shopping centers and eateries directly across the street, and more within walking distance, this property will continue to attract future Tenants and ensure a continuous flow of rental income for the future Owner. Excellent Freeway Accessibility - only 3/4 mile to the I-215 Fwy and about 1.5 miles to the 210 Fwy. Convenient Living - walking distance to Shopping Centers, Charter school, and eateries nearby. Mixed-use - one (1) retail unit occupied by a long-term liquor store tenant, and two (2) apartment units generating a total of $80,400 annual rental income. Expense pass-throughs - Tenants pay their own utilities and maintain the grounds. Low Landlord responsibility - Landlord only pays property tax, property insurance, water/sewer/trash. Added amenity - Secure gated parking for Tenants
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1930 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 11, 2026
$1,300,000
Initial Listing
Jun 22, 2009
$350,000
Public Record
Dec 6, 2004
$320,000
Public Record
Jun 2, 2003
$155,000
Public Record