$1,050,000 Price Analysis   ♡   Highland, CA 92346 8 bed 7 bath 3,494 SqFt ($300/SqFt) 8,667SqFt lot. Built 1950 Listed 2024-02-10, Taxes $6,220 | Ⓧ USDA Ineligible due to price & location near Highland |
Portfolio Sale Opportunity: This property is available for Individual Purchase or as part of a Portfolio Sale with 394 W.
17th Street, San Bernardino and 3717 Roosevelt Street, Riverside. We are pleased to present the opportunity to acquire a six-unit property located at 27205 Main Street in the city of Highland. The property building size totals 3, 394 SF and is situated on a well-maintained 8, 667 square foot lot. 27205 Main Street is conveniently located minutes away from the 210 Freeway and its cross streets are Cole Avenue and Pacific Street. The property offers conveni ent access to the San Bernardino Downtown Metrolink rail station, shopping centers, restaurants and other popular retailers all within a short distance. 27205 Main Street features a small courtyard and well-kept mature landscaping. The property has an on-site laundry facility, a small courtyard, surface vehicle parking and ample street parking.
Most of the units have been updated and feature fully equipped kitchens with appliances, new vinyl plank flooring, ceiling fans, recessed lighting, mirrored closets, vertical blinds, wall air conditioning and heating and private patios or yards. The property offers convenient access to the 210, 215 and 10 freeways connecting to Riverside, Orange and Los Angeles Counties. Neighboring cities include San Bernardino, Colton, Redlands, Yucaipa and Loma Linda. Significant local landmarks within a 20-mile radius include: San Bernardino International Airport, Highland Crossing Shopping Center, Highland Avenue Plaza, San Bernardino National Forest, Loma Linda University Medical Center, Cal State San Bernardino and Yaamva Resort and Casino, to name a few. 27205 Main Street is a prime Inland Empire income-producing property and a exceptional long-term investment. The property offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor or those seeking a 1031 exchange opportunity.
Presented by Eric Chen at
Cb Richard Ellis.
Property MLS #CV24029313 from CRMLS
Heating Features: Wall Furnace
Heating: Yes
Lot Size Acres: 0.1989669
Lot Size Source: Assessor
Lot Size Square Feet: 8667
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 3
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 2
Gardener Expense: 1200.00
Maintenance Expense: 4690.00
Vacancy Allowance: 4937
County: San Bernardino
Cap Rate: 5.32
Other Expense: 1500.00
Source Property Type: Residential Income
Insurance Expense: 3900.00
Area: 276 - Highland
Source Neighborhood: 276 - Highland
New Taxes Expense: 13713.00
Number of Separate Electric Meters: 6
Number of Separate Gas Meters: 6
Number of Separate Water Meters: 1
Parcel Number: 1191471510000
Postal Code Plus 4: 6406
Professional Management Expense: 5628.00
Trash Expense: 2496.00
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $415,586 + $65,619 $481,205 | $6,220 |
| 2021 | $407,437 + $64,332 $471,769 | $6,240 |
| 2020 | $403,259 + $63,672 $466,931 | $6,265 |
| 2019 | $395,352 + $62,424 $457,776 | $6,074 |
| 2018 | $387,600 + $61,200 $448,800 | $6,004 |
| 2017 | $380,000 + $60,000 $440,000 | $5,823 |
| 2016 | $47,007 + $17,141 $64,148 | $962 |
| 2015 | $46,301 + $16,884 $63,185 | $978 |
| 2014 | $45,394 + $16,553 $61,947 | $955 |
| 2013 | $45,189 + $16,478 $61,667 | $969 |
| 2012 | $44,303 + $16,155 $60,458 | $934 |
| 2011 | $43,434 + $15,838 $59,272 | $914 |
| 2010 | $43,109 + $15,720 $58,829 | $813 |
| 2009 | $43,211 + $15,757 $58,968 | $891 |
| 2008 | $42,364 + $15,448 $57,812 | $879 |
| 2007 | $41,533 + $15,145 $56,678 | $848 |
$1,050,000
CRMLS
Listing removed 2019-11-08
$0
CRMLS
Listed for rent 2019-10-29
$900
CRMLS
Listing removed 2019-08-31
$1,350
CRMLS
Price Changed for rent 2019-08-15
$1,350
CRMLS
Listed for rent 2019-08-08
$1,450
CRMLS
Sold 2016-08-16
$440,000
CRMLSFlex
Listed 2016-06-13
$474,900
CRMLSFlex
Year Built: 1950
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 74
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor
Sewer: Sewer: Public Sewer, Water Sewer Expense: 3720.00
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.