We are proud to present an exceptional opportunity to acquire a meticulously renovated 20-Unit multifamily property located at 7443 Elm Street in the city of Highland. This ±17,040 SF Building is situated on a generous ±26,200 SF lot. Highland boasts a strong workforce with major regional distribution centers, creating consistent demand for rentals due to the steady influx of residents. Units feature fully equipped kitchens with oven ranges, dishwashers, refrigerators, vertical blinds, wall AC/heating, high-speed Internet and a combination of stylish plank wood and carpet flooring throughout. The property boasts mature landscaping with lovely mountain views, laundry facilities, and onsite carport and ample street parking. 7443 Elm Street offers a central location with convenient access to the Metrolink San Bernardino Commuter Rail Station. The property is also close to shopping centers, theaters, restaurants, and trendy shops, catering to diverse needs and providing excellent entertainment options. 7443 Elm Street is a stable income-producing asset in the Inland Empire, promising a strong return on investment. Whether you’re a first-time investor seeking to enter the market, a seasoned investor looking to expand your portfolio, or considering a 1031 Exchange, this property offers exceptional stability and long-term value.
Property Details
Property Features
Property Information:
Year Built: 1964
Stories: 2
Listing Office:
Office Name: CB RICHARD ELLIS
Office Phone: (626) 757-5717
Listing Agent: ERIC CHEN
Exterior Features
Exterior Information:
Private Pool: No
View: Mountain(s)
Lot Features
Lot Information:
Lot Size: 0.60 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: Wall/Window Unit(s)
Other
Directions Information:
Directions: Merge onto I-10 E, Use the right lane to take exit 44A for 5th St toward Civic Ctr, Use the right 2 lanes to turn right onto W 5th St, Turn left onto Tippecanoe Ave, Turn right onto E Baseline St, Turn right onto Elm St
Price Information
Listing Price Info
Price Summary:
List Price: $4,100,000
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Housing Market Comparison
See how this home compares to others in Highland, CA.
This property is $3.5M more than the Median Sold Price in Highland, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #CV24241302
Listing Office:
Office Name: CB RICHARD ELLIS
Office Phone: (626) 757-5717
Listing Agent: ERIC CHEN
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 3:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Warm Springs Elementary School
7497 Sterling Ave
Distance between this listing and this school0.17 miles
Public District Grades KG-6
4
/10
Lankershim Elementary School
7499 Lankershim Ave
Distance between this listing and this school0.64 miles
Public District Grades KG-6
3
/10
Bing Wong Elementary School
1250 E 9th St
Distance between this listing and this school0.71 miles
Public District Grades KG-6
Nearby Schools
3
/10
Curtis Middle School
1050 Del Rosa Ave
Distance between this listing and this school0.78 miles
Public District Grades 7-8
8
/10
Colonel Joseph C. Rodriguez Preparatory Academy
1985 Guthrie St
Distance between this listing and this school1.05 miles
Public District Grades 5-8
4
/10
New Vision Middle School
26655 Highland Ave
Distance between this listing and this school1.70 miles
Public Charter Grades 6-8
Nearby Schools
5
/10
Indian Springs High School
650 Del Rosa Dr
Distance between this listing and this school0.70 miles
Public District Grades 9-12
5
/10
San Gorgonio High School
2299 Pacific St
Distance between this listing and this school0.79 miles
Public District Grades 9-12
3
/10
Pacific High School
1020 Pacific St
Distance between this listing and this school1.33 miles
The neighbors living near this home have an average income of $32,313. Most Highland, CA residents have annual incomes less than $35k. The majority of families are single, with kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7443 Elm St
What is the listing price of this property?
The listing price of 7443 Elm St property is $4,100,000.
What type of property is this?
The property 7443 Elm St is a condo located in Highland, California, 92410.
Is this property for sale now?
Active Listing: 7443 Elm St is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 7443 Elm St in Highland, CA and zip code 92410 in the Curtis neighborhood. This home, which was built in 1964, sits on a 0.60 acre lot. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $4,100,000.
While more than 12 listings in Highland, CA in November 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 5 were sold below. The inventory of homes for sale in Highland, CA between October 2024 and November 2024 decreased by 6.1%. Listings spent 43 days on the market in November 2024, and had a median list price of $537,987 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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