Discover an exceptional investment opportunity at 7771 Mckinley Ave, Highland, CA. 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, providing convenience and added value for tenants. With its prime location and impressive upgrades, this property is poised to deliver strong rental income and long-term appreciation with equatable income of an 8 unit! Fantastic return on investment with low maintenance and long term tenants. Don't miss out on this rare find!
The income description goes here to explain
List Price | $1,335,000 |
Property Type | Fourplex (4-units) |
Usable Sqft | Unknown |
Number of Stories | 1 stories |
Parking Spots | 4 spots |
Year Built | 1988 |
Last Sold | Unknown |
Sold Price | Unknown |
HOA Fees: | $0 |
Association Name: | Unknown |
Association Amenities: | Unknown |
APN # | 1192181120000 |
MLS # | IG24115007 |
Property ID | 320559192 |
Lot Sqft | 19,000 |
Zoning | Unknown |
Total Units | 4 |
Days on Market | 196 |
Original List Price | $1,456,789 |
Applicances | Dishwasher,Gas Range% |
Date Updated | December 03, 2024 |
Date Created | June 05, 2024 |
Unit # | Beds | Baths | Current Rent | Proforma Rent |
Unit #1 | $8,490 | $0 |
Net Income (Yr) | $ 93,949 |
Cap Rate | 6.44% |
Marlene Lopez an agent of . Lic #01833607
© 2024 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 03, 2024 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
2708 Wilshire Blvd #197
Santa Monica, CA 90403
California ## 01956587
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT