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7443 Elm Street

Highland, CA 92410

– beds
– baths
– sqft
~1/2 acre lot
1964 build
– on site

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.

Listed By CRMLS_CA / ERIC CHEN / CB RICHARD ELLIS / 626-757-5717

Last checked: Checking… • Last updated Dec 11, 2024 •

MLS# CV24241302 —

The Building

Year Built:

1964
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

17040.00
Building Area Units:

Square Feet
Total Number Of Units:

20
# of Buildings:

1
Stories Total:

2
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

20
# of Separate Water Meters:

1
# of Separate Electric Meters:

20

Interior

Levels:

Two
Entry Location:

1
Laundry:

Common Area
Laundry:

1

Location

Directions:

Merge onto I-10 E, Use the right lane to take exit 44A for 5th St toward Civic Ctr, Use the right 2 lanes to turn right onto W 5th St, Turn left onto Tippecanoe Ave, Turn right onto E Baseline St, Turn right onto Elm St
Latitude:

34.11877400
Longitude:

-117.24560300

The Property

Property Type:

Residential Income
Subtype:

Apartment
Lot Features:

16-20 Units/Acre
Lot Size Area:

26200.0000
Lot Size Acres:

0.6015
Lot Size SqFt:

26200.00
Lot Size Source:

Assessor
View:

1
View:

Mountain(s)
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

51
Tax Area:

018-142
Tax Year:

2023
Tax Tract:

006402
Tax Lot:

12
Tax Annual Amount:

31224.40

The Listing

Special Listing Conditions:

Standard
Parcel Number:

0278121340000

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Curbs, Sidewalks
Association:

Yes
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None

Parking

Parking Spaces:

20.00
Carport Spaces:

20.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/27/24 Nov 27, 2024	Listed / Active	CRMLS_CA	$4,100,000
7/5/24 Jul 5, 2024	Listed / Active	CRMLS_CA

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This multifamily located in Curtis, Highland, CA 92410 is currently for sale for $4,100,000. 7443 Elm Street is a – square foot multifamily with – beds and – baths that has been on Estately for 21 days. 7443 Elm Street is in the Curtis neighborhood of Highland and has a WalkScore® of 52, making it somewhat walkable.

Listing Courtesy of: CRMLS_CA and CB RICHARD ELLIS. Based on information from California Regional Multiple Listing Service, Inc. as of 10:00 on Dec 18.

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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.