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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 FEATURES

Sewer: Public Sewer Water Source: Public
Carport Spaces: 20.00 # of Parking Spaces: 20.00
Lot Features: 16-20 Units/Acre
Parcel Identification Number: 0278121340000
Cooling: Has Cooling Heating: Has Heating Heating Type: Wall Furnace Cooling Type: Wall/Window Unit(s)
Year Built Source: Assessor
Common Walls: 2+ Common Walls Laundry Features: Common Area Laundry: Has Laundry
MLSAreaMajor: 276 - Highland

PROPERTY DETAILS

Street Address: 7443 Elm Street
City: Highland
State: California
Postal Code: 92410
County: San Bernardino
MLS Number: CV24241302
Year Built: 1964
Courtesy of CB RICHARD ELLIS

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