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7771 Mckinley Avenue

Highland, CA 92346
  • $1,100,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: PW22090590
UPDATED: 64 min ago
$1,100,000
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
276 - Highland
Type:
Multi-Family
Built:
1988
County:
San Bernardino
Area:
276 - Highland

School Ratings & Info

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Listing Agent(s): Elizabeth Rivera of Above Standards Realty (424-206-8008)


Description

Great investment 4 unit income property for investors . Property includes 4 flat units , each unit has 3 bedroom and 2 full bath. Close to Freeways and schools, banks, park, restaurants. two of the 4 unit has been fully renovated, the other 2 units are in good shape. Property is 100% occupied and generated great cash flow. Please do not bother tenants . Landlord pays trash and water only . There are separate meters for gas and electrical and washer and dryer hook up in every garage. each unit has a garage and there is couple parking spots for guests. Lot has 2 buildings , each building has 2 units. The roof on both building has been replaced not so long ago along with exterior paint of both buildings, and 2 garage doors have been replaced.. Start collecting rent from day 1 no vacancy .

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-19T23:30:44.243. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
www.northsdrealty.com/homes/128283216
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7771 Mckinley Avenue Highland, CA 92346

  • Price: $1,100,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 64 min ago
  • ID#: PW22090590
0
Beds
0
Baths
0
½ Baths
0.44
Acres
1988
Built
Neighborhood:
276 - Highland
County:
San Bernardino
Area:
276 - Highland
Property Description
Great investment 4 unit income property for investors . Property includes 4 flat units , each unit has 3 bedroom and 2 full bath. Close to Freeways and schools, banks, park, restaurants. two of the 4 unit has been fully renovated, the other 2 units are in good shape. Property is 100% occupied and generated great cash flow. Please do not bother tenants . Landlord pays trash and water only . There are separate meters for gas and electrical and washer and dryer hook up in every garage. each unit has a garage and there is couple parking spots for guests. Lot has 2 buildings , each building has 2 units. The roof on both building has been replaced not so long ago along with exterior paint of both buildings, and 2 garage doors have been replaced.. Start collecting rent from day 1 no vacancy .
Exterior Features

Construction Materials Stucco Fencing Cross FencedWood Lot Features 2-5 Units/Acre Number Of Separate Electric Meters 4 Parking Features DrivewayGarageOne Space Parking Total 4 Pool Features None Pool Private YN No Property Attached YN No Roof Shingle Spa Features None Spa YN No View None View YN No

Interior Features

Appliances DishwasherGas RangeWater Heater Common Walls No Common Walls Cooling See RemarksWall/Window Unit(S) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring CarpetTile Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(S)All Bedrooms Down

Property Features

Additional Parcels YN No Cap Rate 6.2 Common Interest None Community Features Foothills Electric Standard Garage YN Yes Gross Income 77760 Gross Scheduled Income 77760 Insurance Expense 2000 Land Lease YN No Laundry Features In Garage Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 Exchange Net Operating Income 67176 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 10584 Other Expense 5384 Pest Control Expense 1200 Possession Close Of Escrow Property Condition Updated/Remodeled Rent Control YN No Senior Community YN No Sewer Septic Type Unknown Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 77760 Trash Expense 0 Utilities Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Vacancy Allowance Rate 0 Water Sewer Expense 2000 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-19T23:30:44.243. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Houston Team | Compass CA DRE#01991628. Licensed in the State of California, USA.
 
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The Houston Team | Compass CA DRE#01991628
2100 Costa Del Mar
Carlsbad CA, 92009
Listing Agent(s): Elizabeth Rivera of Above Standards Realty (424-206-8008)