2339 N Sierra Way, San Bernardino, CA 92405 - Photo 1

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$2,390,000

For Sale
Active
Retail
14,295 Sq. Ft.
1.06 Acres

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Property Description

Fantastic Triple Net Core Investment Opportunity. London Square is Fully Leased to Both Long Term Tenants, as well as New Tenants Who Have Just Joined the Center. The Property Has Undergone a Complete Transformation Since Being Acquired in 2021. The Aesthetics and Curb Appeal of The Center Have Been Upgraded, A New Roof Was Installed in 2024 for Both Buildings, and the Parking Lots Received a New Slurry Coat in 2022. All Tenants at the Center Contribute to the Heavy Foot-Traffic That It Receives. Notably, the Pizza House is a Well-Known City Favorite Who Have Been at the Center Since 2013. Furthermore, Extraordinaire Arcade Have Vastly Grown as One of the Main Go-To Retro Arcade Spots in the Entire Inland Empire. The Center's Longer-Term Tenants Have Renewed Their Leases with the Landlord Multiple Times, Showing Stability and Comfortability with the Center. The Property Also Provides Abundant Parking for All Tenants and Their Customers/Clientele, Monument Signage for All Tenants, and a Fire Alarm Monitoring System Throughout All Units.

Full Property Details

Full Property Details for 2339 N Sierra Way

General

Price: $2,390,000
Status: Active
Type: Retail
Source: MRMLS
MLS ID: CV24228708
Updated: 11/11/2024
Days on Market: 57 days
Added to Site: 62 day(s) ago

Rooms

Other Rooms

Laundry: None

Additional Information

Security/Safety: Fire and Smoke Detection System, Security Lights, Security System

Location

County: San Bernardino
Building Name: London Square
Driving Directions: Exit Waterman Ave From 210 Freeway East; South On Waterman to Highland Ave West; North On Sierra Way

Heating & Cooling

Cooling Type: Central Air
Heating Type: Central

Utilities

Utility Description: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Structural Information

# Buildings: 2
Entry Floor Number: 1
Stories/Levels: 1
Building Size: 14295
Square Feet: 14,295
Retail: 14,295 Sq. Ft.
Year Built: 1975

Unit Information

Occupancy Rate: Occupied

Lot Features

Lot Size (Acres): 1.06
Useable Acres: 1.06
Lot Size (Sq. Ft.): 46,174
Lot Size Source: Assessor
Fence: Yes
Lot Features: Lot Over 40000 Sqft, Rectangular Lot
Lot Description: Lot Over 40000 Sqft, Rectangular Lot
Fencing (Description): Wrought Iron

Financial Considerations

Price Per Sq. Ft.: $167
Expenses: $60,900
Operating Expenses: $60,900

Disclosures and Reports

Property ID: 150231700000

Listed by Home Free Realty, HaydenCaballero

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— 2339 N Sierra Way —

HaydenCaballero

Home Free Realty

626-506-8383

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NMLS#: 1598647

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Schools

Schools serving 2339 N Sierra Way

School District:San Bernardino City Unified School District

Name	Grades	Distance
Wilson Elementary School, Sn Bernrdno, CA 2894 Belle St, Sn Bernrdno, CA 92404	K-5	0.5 mi
Golden Valley Middle School 3800 N Waterman Ave, Sn Bernrdno, CA 92404	6-8	1.6 mi
San Bernardino High School 1850 N E St, Sn Bernrdno, CA 92405	9-12	0.7 mi

Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2339 N Sierra Way Get Price Alerts and Save Property

Date

Details

Price

Change

Source

11/01/2024

Listed

$2,390,000

133.4%

MLS

6/07/2021

Sold

$1,024,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 2339 N Sierra Way

Year

Property Taxes

Change

Tax Assessment

Change

2024

$13,665

3%

$1,086,413

2%

2023

$13,326

—

$1,065,110

2%

2022

$13,364

19%

$1,044,225

22%

2021

$11,250

—

$857,226

1%

2020

$11,291

3%

$848,436

2%

2019

$10,945

1%

$831,800

2%

2018

$10,816

-22%

$815,490

-23%

2017

$13,797

3%

$1,056,246

2%

2016

$13,383

-1%

$1,035,536

2%

2015

$13,484

77%

$1,019,981

76%

2014

$7,607

-2%

$579,917

—

2013

$7,743

—

$577,296

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 2339 N Sierra Way

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2339 N Sierra Way, San Bernardino, CA 92405 (MLS# CV24228708) is a Retail property. 2339 N Sierra Way is currently listed for $2,390,000 and was received on November 01, 2024. Want to learn more about 2339 N Sierra Way? Do you have questions about finding other Retail real estate for sale in San Bernardino? You can browse all San Bernardino real estate or contact a Coldwell Banker agent to request more information.

2339 N Sierra Way San Bernardino, CA 92405