$4,400,000
For Sale

7443 Elm Street

Highland, CA 92410
0.60 acres | #CV24137672
Listing OfficeCB RICHARD ELLIS
Browse 40 photos
Type:Multi-Family
Structure:House
Zone:Residential

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 Details
      • Lot DescriptionSixteenToTwentyUnitsAcre
      • ViewMountains
      • Stories2
    • Measurements
      • Acres0.6015
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1964
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountySan Bernardino
  • Financial Details
      • Original List Price$4,400,000
      • Taxes Annual$31,224
  • Other
      • MLS #CV24137672

Location

Rami ElminoufiReal Estate Group
$
years

Down Payment

$
%
20.0%

Interest Rate

%
5.0%

Tax Rate

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1.3%
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annually
$
monthly

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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