Highland, CA 92410,7443 Elm ST
Highland, CA 92410,7443 Elm ST
Highland, CA 92410,7443 Elm ST
Highland, CA 92410,7443 Elm ST
Highland, CA 92410,7443 Elm ST
Highland, CA 92410,7443 Elm ST
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$ 4,100,000
Est. payment | /mo

0.6 Acres Lot


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$ 4,100,000
Est. payment | /mo
Save

0.6 Acres Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV24241302

HOA Y/N Yes

Year Built 1964

Annual Tax Amount $31,224

Tax Year 2023

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

Area 276 - Highland

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Common Area

Exterior

Carport Spaces 20

Pool None

Community Features Curbs, Sidewalks

View Y/N Yes

View Mountain(s)

Total Parking Spaces 20

Private Pool No

Building

Lot Description 16-20 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 0278121340000

Energy Description 542.0

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by ERIC CHEN • CB RICHARD ELLIS • 626-757-5717

GET MORE INFORMATION

Chris Kwon

Agent | License ID: 01918857

+1(949) 427-1101

3333 Michelson Drive Suite 300, Irvine, California, 92612, United States

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7443 Elm ST