26665 Ward Street

Highland, CA 92346

PRICE REDUCED

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-$110,000 (-7.14%)

$1,430,000

List Price

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1963

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Property Description

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.

Listing Information

List Price $1,430,000
Status Active
MLS CV24175180
Type Residential Income
Subtype Apartment
Year Built 1963
Lot Size 15,446
Structure Size N/A
DOM 34
Courtesy Of MARCUS & MILLICHAP
Listing Agent David Covarrubias DRE#01941403
Co-Listing Agent Douglas McCauley DRE#01155706

Interior Features

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Listing information courtesy of: David Covarrubias, Douglas McCauley, MARCUS & MILLICHAP . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 26th, 2024 at 11:41 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.