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7771 Mckinley Avenue

Highland, CA 92346
  • $1,100,000
  • STATUS: ACTIVE
  • ON SITE: 16 Days
  • ID#: PW22090590
UPDATED: 71 min ago
$1,100,000
  • 12
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

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 . 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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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
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7771 Mckinley Avenue Highland, CA 92346

  • Price: $1,100,000
  • Status: ACTIVE
  • On Site: 16 Days
  • Updated: 71 min ago
  • ID#: PW22090590
12
Beds
0
Baths
0
½ Baths
0.44
Acres
Neighborhood:
Highland (92346)
County:
San Bernardino
Area:
Highland (92346)
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 . 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

Exterior Stucco Fencing Cross Fencing Pool N/K Spa N/K

Interior Features

Cooling Wall/WindowOther/Remarks Stories 1 Story Total Baths Unit1 2 Total Baths Unit2 2 Total Baths Unit3 2 Total Baths Unit4 2

Property Features

Actual Cap Rate 6.2 Annual Expense Actual 10584 Buildings 2 Cfd Mello Roos Fee 5386.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 14.15 Gross Scheduled Income Actual 77760 Possession Close Of Escrow Tenant Pays ElectricityGas/Propane Terms CashConventionalExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 1795.0 Unit2 Rent Actual 1695.0 Unit3 Rent Actual 1495.0 Unit4 Rent Actual 1495.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Above Standards Realty. Listing information © 2022 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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