26665 Ward Street Highland, CA $ 1,540,000
26665 Ward Street
$ 1,540,000
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26665 Ward Street

Highland, CA, 92346
$ 1,540,000
Bedrooms11 Baths2.0 Sq 4,548

Monthly Estimate*

$ 9,223

Listed by MARCUS & MILLICHAP
26665 Ward Street, Highland, CA 92346 - Image 1
26665 Ward Street, Highland, CA 92346 - Image 2
26665 Ward Street, Highland, CA 92346 - Image 3
26665 Ward Street, Highland, CA 92346 - Image 4
26665 Ward Street, Highland, CA 92346 - Image 5
26665 Ward Street, Highland, CA 92346 - Image 6

Multi-Family Home for sale in Highland, CA

for $1,540,000 with 11 bedrooms and 2 full baths. This 4,548 square foot home was built in 1963 on a lot size of 0.3546.

We are pleased to exclusively present the opportunity to acquire 26665 Ward Street, an 11-unit multifamily investment property in the city of Highland, California. The property is located in a quiet residential neighborhood with easy access to the Interstate 210 Freeway just a 5-minute drive east of the subject. Constructed in 1963, the property sits on a 0.35 acres (15,446 square feet) parcel with approximately 4,548 square feet building area. The property consists of eleven studio/one-bathroom floor plans. The building features an on-site laundry room with one washer and one dryer, a gated swimming pool, storage room, on-site office space, and secured front and back entrances. Renovations include a new gas water heater in the laundry room and copper repipe in 2022. Parking is accessible by rear alley and consists of eight single-car garages and two carports for a total of ten parking spaces. The units are fully electric and have individual hot water heaters under the kitchen sink. Unit 4 is upgraded with new laminate flooring, and all other units offer newer tile flooring, newer cabinetry, wall unit air conditioning units, and smart electrical panels. All units are individually metered for electricity. There is one gas meter for the laundry room. Landlord pays for water and trash.

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Multi-Family Active

Price

$ 1,540,000

Bedrooms

11

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Apartment

Lot Size

0.3546

Year Built

1963

Town/City

Highland

County/Region

San Bernardino

MLS | Web ID

CV24175180

Days on Market

29

Features
General
Sewer PublicSewer
Garage Spaces 8.0
Pool Features Community
Year Built 1963
Stories 1
Levels One
Property SubType Apartment
Gross Income 145827.0
Community Features Sidewalks Pool
County San Bernardino
Net Operating Income 89825.0
Operating Expense 56001.0
Insurance Expense 7700.0
New Construction N
Property Type ResidentialIncome
Home Owner Assoc N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Exit I-210 Drive west on E 5th Street Right on Cunningham St Left on Ward St
City Highland
Entry Location Front
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 11
MLS Area 276 - Highland
Lot Size Units SquareFeet
Lot Size Square Feet 15446.0
Private Pool N
Waterfront Y/N N
Carport Spaces 2.0
Carport Y/N Y
Terms Cash CashtoNewLoan OwnerWillCarry
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 2285.0
Home Warranty Y/N N
Fuel Expense 420.0
Trash Expense 3000.0
Water Sewer Expense 8000.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 0
Building Area Units SquareFeet
Standard Status Active
Year Built Source Other
Tax Lot 16
Property Sub Type Additional Apartment
Taxes 19000.0
Cap Rate 5.83
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Exterior
Water Source Public
Total Parking 10.0
Lot Size Area 15446.0
Number of Buildings 1
Spa N
Building Area Total 4548.0
Lot Size Acres 0.3546
Lot Size Source Assessor
Pool Charge 5500.0
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 12
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Common Walls Item2CommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Laundry Features CommonArea
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 26665
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* Excluded Features
List By
Marcus & Millichap

Broker

(909) 456-3400

Phone

Affordability Calculator

$9,223
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,223
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/23/2024$1,540,000 Listed Price

Map


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26665 Ward Street, Highland, CA, 92346 is a Multi-Family Home for sale at $1,540,000 with 4,548 sqft and a lot size of 0.3546. 26665 Ward Street has 11 bedrooms, 2.0 baths, and was built in 1963. The property's zip code is 92346 which is in Highland, CA