7771 Mckinley Ave, Highland, CA 92346

$1,455,000
12
BD
8
BA

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List Price
$1,455,000
Days on Market
420
Status
ACTIVE
MLS#
IG25130434
Bedrooms
12
Bathrooms
8
Lot Size(apprx.)
19,000
City
Highland
Neighborhood
Highland
Property Type
Multifamily

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. 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

Cooling
Window/Wall
Lot Size
19,000
Neighborhood
Highland
Tenant Pays
Electricity, Gas/Propane

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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Dave Osman (310-279-9811) from Listing Office: Realty Masters and Associates.

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