Keegan Cin | Realtor® | License # DRE 01971604

Property

Highland, CA 92410 7443 Elm Street

7443 Elm Street Highland, CA - Image 17443 Elm Street Highland, CA - Image 27443 Elm Street Highland, CA - Image 3
35 more
7443 Elm Street Highland, CA - Image 47443 Elm Street Highland, CA - Image 57443 Elm Street Highland, CA - Image 67443 Elm Street Highland, CA - Image 77443 Elm Street Highland, CA - Image 87443 Elm Street Highland, CA - Image 97443 Elm Street Highland, CA - Image 107443 Elm Street Highland, CA - Image 117443 Elm Street Highland, CA - Image 127443 Elm Street Highland, CA - Image 137443 Elm Street Highland, CA - Image 147443 Elm Street Highland, CA - Image 157443 Elm Street Highland, CA - Image 167443 Elm Street Highland, CA - Image 177443 Elm Street Highland, CA - Image 187443 Elm Street Highland, CA - Image 197443 Elm Street Highland, CA - Image 207443 Elm Street Highland, CA - Image 217443 Elm Street Highland, CA - Image 227443 Elm Street Highland, CA - Image 237443 Elm Street Highland, CA - Image 247443 Elm Street Highland, CA - Image 257443 Elm Street Highland, CA - Image 267443 Elm Street Highland, CA - Image 277443 Elm Street Highland, CA - Image 287443 Elm Street Highland, CA - Image 297443 Elm Street Highland, CA - Image 307443 Elm Street Highland, CA - Image 317443 Elm Street Highland, CA - Image 327443 Elm Street Highland, CA - Image 337443 Elm Street Highland, CA - Image 347443 Elm Street Highland, CA - Image 357443 Elm Street Highland, CA - Image 367443 Elm Street Highland, CA - Image 377443 Elm Street Highland, CA - Image 387443 Elm Street Highland, CA - Image 39
Presented By: Eric Chen with CB RICHARD ELLIS; 626-757-5717
  • MLS# CV25085926
  • 04/18/2025
  • Request Tour
  • Request Info
  • Beds • 40
  • Baths • 3
  • SQFT • 17,040
  • Year Built • 1964

Home Details

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.
Presented By: Eric Chen with CB RICHARD ELLIS; 626-757-5717

Interior Features for 7443 Elm Street

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level1

General for 7443 Elm Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate6.95
Carport Spaces20.0
Carport Y/NYes
CityHighland
Community FeaturesCurbs, Sidewalks
CoolingWallWindowUnits
CountySan Bernardino
DirectionsMerge 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 ri
Electric Expense3600.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense551.0
Garage Spaces0.0
Garage Y/NNo
Gross Income438598.0
HOAYes
HeatingWallFurnace
Home Warranty Y/NNo
Insurance Expense13000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan
Lot Size Square Feet26200.0
Lot Size UnitsSquareFeet
MLS Area276 - Highland
MaintenanceExpense20000.0
MobileHomeRemainsYNNo
Net Operating Income260473.0
New ConstructionNo
Number Of Units Total20
Number of Units Leased18
Operating Expense156195.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount31224.4
Tax Lot12
Tax Year2023
Taxes$46,934
Total Actual Rent420396.0
Trash Expense10188.0
ViewMountains
Water Sewer Expense15576.0
Waterfront Y/NNo
Year Built1964
Year Built SourceAssessor

Exterior for 7443 Elm Street

Building Area Total17040.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSixteenToTwentyUnitsAcre
Lot Size Acres0.6015
Lot Size Area26200.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters20
Number of Separate Gas Meters20
Number of Separate Water Meters1
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking20.0
Water SourcePublic

Additional Details

Price History

Justin Hughey

Price $3,750,000
MLS#CV25085926
List Date 04/18/2025
Property Type Multi-Family
Request Tour
Request Info

Similar Properties to 7443 Elm Street

Skip to content