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.
Property Type
Residential IncomeCounty
San BernardinoStyle
Residential IncomeAD ID
47876196
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Heating Source
- Wall Furnace
- Has Heating
-
Exterior Features
Building Information
- Year Built: 1964
- Building Area Total: 17,040
Pool Features
- None
Laundry Features
- Common Area
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.6015
- Lot Size Source: Assessor
- Lot Size Square Feet: 26200
-
Listing Information
Listing Price Information
- Original List Price: 4,100,000
- Listing Contract Date: 2024-11-27
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 0278121340000
- Tax Year: 2023
- Annual Tax: 31224.4
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
- Association: Yes
Rental Info
- Lease Term: Negotiable
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 276 - Highland
- Directions: Merge onto I-10 E, Use the right lane to take exit 44A for 5th St toward Civic Ctr, Use the right 2 lanes to turn right onto W 5th St, Turn left onto Tippecanoe Ave, Turn right onto E Baseline St, Turn right onto Elm St
- Source Property Type: Residential Income
- Area: 276 - Highland
- Property SubType: Apartment
Building and Construction
- Property Age: 60
- Common Walls: 2+ Common Walls
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: 1
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 12/22/2024 @ 07:10
- MLS: CV24241302
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 17,040 sqft, 26,200 sized lot, and 0 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of San Bernardino , in zip code 92410, this San Bernardino County Home are nearby neighborhoods.