Resources
Schedule a Meeting
26 more photos
SOLD 9/23/2022

7771 Mckinley Avenue, Highland, CA 92410$1,100,000

12
beds
8
baths
3995
ft2
· 19000
ft2 lot
$275 / ft2

Listing provided courtesy of Listing Broker: Elizabeth Rivera, Above Standards Realty
Source CRMLS;
Loading...
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 .

HOA

No HOA

On market

4 months

Year built

1988

Property type

Multi-Family

Parking

4

MLS

PW22090590

Price / Sq.Ft.

$275 / ft2

Status

Closed

Buyer’s Brokerage Commission

1.5%

Home details for 7771 Mckinley Avenue

Interior Features & Layout
Appliances
•   
Laundry Details: In Garage
•   
Appliances: Dishwasher, Gas Range, Water Heater
•   
Has Appliances
•   
Laundry: 1
Interior Features
•   
Electric Details: Standard
•   
Interior Features: Ceiling Fan(s)
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
•   
Room Information: All Bedrooms Down, Living Room, Master Bedroom
Heating & Cooling
•   
Has Heating
•   
Heating Details: Wall Furnace
•   
Cooling Details: See Remarks, Wall/Window Unit(s)
Flooring
•   
Flooring: Carpet, Tile
Interior Size
•   
Building Area Total: 3995.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Driveway, Garage, Parking Space
•   
Garage Spaces: 4.00
Building Info
•   
Building Area Units: Square Feet
•   
Roof: Shingle
•   
Stories Total: 1
•   
Num Stories: One
•   
Year Built Source: Assessor
•   
Construction Materials: Stucco
Lot Info
•   
Lot Features: 2-5 Units/Acre
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.4362
•   
Lot Size Area: 19000.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 2
•   
Total Units: 4
Property Features
•   
Fencing: Cross Fenced, Wood
•   
Property Condition: Updated/Remodeled
•   
Common Walls: No Common Walls
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 4
•   
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
•   
Number Of Separate Gas Meters: 4
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Septic Type Unknown
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 77760.00
•   
Water Sewer Expense: 2000.00
•   
Other Expense Description: Tax
•   
Other Expense: 5384.00
•   
Gross Spendable Income: 76944.00
•   
Vacancy Allowance Rate: 0.00
•   
Pest Control Expense: 1200.00
•   
Cap Rate: 6.20
•   
Total Actual Rent: 77760.00
•   
Trash Expense: 0.00
•   
Insurance Expense: 2000.00
•   
Total Expenses: 10584.00
•   
Gross Scheduled Income: 76944.00
•   
Tax Block: 62
•   
Operating Expense: 10584.00
•   
Gross Multiplier: 14.15
Tax/Assessment Info
•   
Gross Income: 76944.00
Lease Info
•   
Net Operating Income: 67176.00
Listing Info
•   
Status: Closed
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 3
•   
Unit 3 Actual Rent: 1495.00
•   
Unit 3 Total Units: 1
•   
Has Attached Garage
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 1.00
•   
Unit 3 Bathrooms: 2
•   
Unit 3 Total Rent: 1495.00
Unit 2 Information
•   
Unit 2 Actual Rent: 1629.00
•   
Unit 2 Bedrooms: 3
•   
Unit 2 Total Units: 1
•   
Has Attached Garage
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 2
•   
Unit 2 Garage Spaces: 1.00
•   
Unit 2 Total Rent: 1629.00
Unit 1 Information
•   
Unit 1 Bedrooms: 3
•   
Unit 1 Total Units: 1
•   
Has Attached Garage
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 1.00
•   
Unit 1 Bathrooms: 2
•   
Unit 1 Actual Rent: 1795.00
•   
Unit 1 Total Rent: 1795.00
Unit 4 Information
•   
Unit 4 Actual Rent: 1495.00
•   
Unit 4 Total Units: 1
•   
Has Attached Garage
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 1495.00
•   
Unit 4 Bathrooms: 2
•   
Unit 4 Garage Spaces: 1.00
•   
Unit 4 Bedrooms: 3
Multi Unit Information
•   
# Of Units: 4
•   
Number Of Units Leased: 4
•   
Price Per Unit: 275000
School Neighborhood & Directions
Location
•   
Community Features: Foothills
School Info
•   
Directions: 9th st and Mckinley
Other
Calculation
•   
Dom: 114
•   
Cdom: 114

Neighborhood snapshot

18
Properties for sale
7
Median days on market
$264.71
Median sold price/sqft
101.64%
Sold/List %
walk-icon}

walk score® :

transit-icon}

transit score® :

bike-icon}

bike score® :

Property History for 7771 Mckinley Avenue

09/23/2022
09/23/2022
CRMLS #PW22090590
sold
CRMLS #PW22090590
$1,100,000
08/25/2022
08/25/2022
CRMLS #PW22090590
pending
CRMLS #PW22090590
$1,100,000
05/02/2022
05/02/2022
CRMLS #PW22090590
active
CRMLS #PW22090590
$1,100,000

Similar homes

street view

$925,00021725 Nisqually RoadApple Valley, CA 92308

12 bed
6 bath
4650
 ft²
 · 
23500
 ft²  lot

Recently sold homes near 7771 Mckinley Avenue

More in the area
Nearby cities
San Bernardino Homes For SaleRedlands Homes For SaleLoma Linda Homes For SaleGrantfork Homes For Sale
Nearby neighborhoods
Northwest San Bernardino Homes For SaleRedlands Homes For SaleNortheast San Bernardino Homes For SaleHighland Homes For SaleColton Homes For Sale
Show More +
Services
BrokerageMortgageTitle & Escrow
Browse homes for sale in
Get the Flyhomes app
IOSAndroid
Equal Housing Opportunity
By searching, you agree to the Terms of Use, Privacy Policy and California Privacy Notice. California DRE #02012110; Flyhomes Mortgage, LLC: NMLS #1733272
TREC: Info about Brokerage Services, Consumer Protection Notice, Texas Mortgage Company Compliant/Recovery Fund Notice
Real estate brokerage licenses

1 Homes are subject to our approval and must be listed within an MLS in the areas that Flyhomes operates. Homes are subject to inspections and other limitations.

Flyhomes is registered trademark of Flyhomes, Inc.

NMLS Consumer Access
Affiliated Business Arrangement Disclosure
Flyhomes © 2022