For sale Condo

Listed Jun 17, 2025

$3,490,000 Est. $23,083/mo

10881 Oleander Avenue

  • 4

    Beds

  • 3

    Baths

  • 2,141

    Sq ft

The story

  • Pool

Significant price reduction ! Seller is open to offers ,owner financing and joint venture .This exceptional zoned industrial property in San Bernardino County is perfect for any investor. It features the main house and duplex on site, situated on an approximately 41,580 sq ft lot. The zoning regulations allow for various uses . Currently being used as a front residential home with back duplex and garage conversion. All tenants are on a month to month lease. Front home features 4Br. 2 Full baths. Family and living room. Kitchen has been updated. Laminate flooring throughout. Back duplex has had a few upgrades in the last two years. Garage has been converted to a studio apartment. Each unit has laundry hook ups. Front tenant manages and maintains the property and has an agreement with the owner .Total potential monthly gross income ranges from $6000-$7000 a month. All this information has been provided but not guaranteed. Buyer is advised to inspect property and check all information pertaining to permits and or building requirements.

Facts & features

Home type

Condo

Year built

1981

Floors

1

Lot size

1 acres

Price per sq ft

$1,630

Parking

2-car garage

Included features

  • Pool

    Yes

  • Fireplace

    Yes

  • Cooling

    Central Forced Air

  • Heating

    Forced Air Unit

  • Water Source

    Public

  • Sewer

    Unknown

Mortgage calculator

Estimated monthly payment

$23,083 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $18,575
  • Property tax $3,490
  • Insurance $1,018

Includes principal, interest, taxes & insurance.

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Listing Broker

Tower Agency

Broker Name

Tower Agency

Agent

CYNTHIA CHAVEZ

Location

RIVERSIDE CA 92506