7771 Mckinley Avenue, Highland, CA 92346
- $1,455,000
- List Price
- $1,455,000
- Status
- ACTIVE
- MLS#
- IG25130434
- Year Built
- 1988
- Lot Size
- 19,000
- Acres
- 0.44
- Lot Location
- Back Yard, Front Yard, Level
- Days on Market
- 412
- Property Type
- Multifamily
- Style
- Traditional
- Property Sub Type
- Quadruplex
- Stories
- One Level
Property Description
Great investment opportunity with a 10.83% current cap rate!! With Over 100K in capital invested in interior upgrades, this 12 bedroom 8 bathroom quadplex income property features three beautifully remodeled units with the fourth unit that's still in great shape, each unit offering 3 spacious bedrooms and 2 full bathrooms. The modern kitchens are equipped with appliances and stylish finishes, ensuring a contemporary living experience. Each unit boasts its own 2-car garage, complete with washer/dryer hookups, and own yard. With its prime location and impressive upgrades, this property is poised to deliver strong rental income and long-term appreciation with equitable income of an 8 unit! Fantastic return on investment with low maintenance and long term tenants.
Additional Information
- Appliances
- Dishwasher, Gas Range
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- Mountain(s), Neighborhood
- Exterior Construction
- Stucco
- Garage Spaces Total
- 4
- Sewer
- Septic Type Unknown
- Water
- Public
- Interior Features
- Ceiling Fan(s), All Bedrooms Down
- Attached Structure
- Attached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $115,344
- Operating Expense
- 5531
Listing courtesy of Listing Agent: Dave Osman (broker@rmasters.com) from Listing Office: Realty Masters and Associates.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.