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Listed by ERIC CHEN • CB RICHARD ELLIS
$4,100,000
Est. payment /mo
17,040 SqFt
Active
7443 Elm Street Highland, CA 92410
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UPDATED:
11/28/2024 06:47 AM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 17,040 sqft
Price per Sqft $240
MLS Listing ID CV-24241302
Year Built 1964
Lot Size 0.601 Acres
Property 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.
Location
State CA
County San Bernardino
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Laundry Common Area
Exterior
Parking Features Gated
Pool None
Community Features Curbs, Sidewalks
View Y/N Yes
View Mountain(s)
Building
Lot Description 16-20 Units/Acre
Sewer Public Sewer
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