7443 Elm Street

Highland, CA 92410
$4,100,000
0.60 acres | #CV24241302
Courtesy of CB RICHARD ELLIS

Description

We are proud to present an exceptional opportunity to acquire a meticulously renovated 20-Unit multifamily property located at 7443 Elm Street in the city of Highland. This ±17,040 SF Building is situated on a generous ±26,200 SF lot. Highland boasts a strong workforce with major regional distribution centers, creating consistent demand for rentals due to the steady influx of residents. Units feature fully equipped kitchens with oven ranges, dishwashers, refrigerators, vertical blinds, wall AC/heating, high-speed Internet and a combination of stylish plank wood and carpet flooring throughout. The property boasts mature landscaping with lovely mountain views, laundry facilities, and onsite carport and ample street parking. 7443 Elm Street offers a central location with convenient access to the Metrolink San Bernardino Commuter Rail Station. The property is also close to shopping centers, theaters, restaurants, and trendy shops, catering to diverse needs and providing excellent entertainment options. 7443 Elm Street is a stable income-producing asset in the Inland Empire, promising a strong return on investment. Whether you’re a first-time investor seeking to enter the market,a seasoned investor looking to expand your portfolio, or considering a 1031 Exchange, this property offers exceptional stability and long-term value.
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  • Property Details
      • View:Mountains
      • Stories:2
      • Lot description:SixteenToTwentyUnitsAcre
      • Acres:0.6015
      • Property type:Multi-Family
      • Year built:1964
      • Sewer information:PublicSewer
      • Utility source:Public
      • County:San Bernardino
      • Original List Price:$4, 100, 000
      • Taxes annual:$31, 224
      • MLS #:CV24241302
      • Cost:4100000
      • Property subtype:Apartment
      • MLS #:CV24241302

Location

The Alcantara GroupReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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