5 months on rocket

7771 Mckinley Ave, San Bernardino, CA, 92346

$1,335,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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7771 Mckinley Ave, San Bernardino$1,335,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingDriveway, Garage
Garage4 spaces
Year Built1988
HeatingWall Furnace
CoolingWall/Window Unit(s)
ViewMountain(s), Neighborhood
MLS #IG24115007
Lot Size0.44 Acres
StatusActive

About 7771 Mckinley Ave

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1988
  • Stories: 1

Listing Office:

  • Office Name: Realty Masters & Associates
  • Office Phone: (951) 526-8546
  • Listing Agent: Marlene Lopez

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Range
  • Interior: Ceiling Fan(s), All Bedrooms Down

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Mountain(s), Neighborhood

Parking Information:

  • Garage Space: 4 spaces
  • Parking: Driveway, Garage

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Level
  • Lot Size: 0.44 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: From 215 N exit 5th St turn right, left on Lankershim right on Mckinley Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,335,000

Tax Information:

  • Annual Amount: $5,386
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in San Bernardino, CA.

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San Bernardino, CA

City

Med. Sold Price

$489K

Med. Price/SqFt

$357

Avg. Days On Market

28

# of Sold Homes

118

7771 Mckinley Ave vs San Bernardino

164 DAYS ON ROCKET

+136 Days

$1,335,000

+$846K More

KEY TAKEAWAY

This property is $846K more than the Median Sold Price in San Bernardino, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #IG24115007

Listing Office:

  • Office Name: Realty Masters & Associates
  • Office Phone: (951) 526-8546
  • Listing Agent: Marlene Lopez

IDX 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: 11/17/2024, 10:21:08 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 31, 2017Home Sold
$285,000
Jun 08, 2017Home Sold
$275,000
May 21, 2003Home Sold
$285,000
Feb 07, 2000Home Sold
$178,500

Tax History

YEARPROP. TAXASSESSMENT
2021$5,386$299,585
2020$3,871$296,514
2019$3,827$290,700
2018$4,080$314,058
2017$3,591$307,900

History based on county public records data.

Payment Calculator

$6,730

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,069

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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.

Nearby Schools

school-card-donut-440624
4
/10

  • Lankershim Elementary School

  • 7499 Lankershim Ave

  • 0.39 miles

  • Public District Grades KG-6

school-card-donut-440625
3
/10

  • Warm Springs Elementary School

  • 7497 Sterling Ave

  • 0.51 miles

  • Public District Grades KG-6

school-card-donut-440626
3
/10

  • Cypress Elementary School

  • 26825 Cypress St

  • 1.00 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,317. Most San Bernardino, CA residents have annual incomes less than $35k. Typical family type is single, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›San Bernardino County›San Bernardino›92346›7771 Mckinley Ave

This home is located at 7771 Mckinley Ave in San Bernardino, CA and zip code 92346 in the Lankershim neighborhood. This home, which was built in 1988, sits on a 0.44 acre lot. It has been listed on Rocket Homes since June 06, 2024 and is currently priced at $1,335,000.

San Bernardino, CA housing market in October 2024 saw over 59 listings sold above listed price, more than 27 sold at listed price and over 31 sold below. The number of homes for sale in San Bernardino, CA increased by 2.2% between September 2024 and October 2024. In October 2024 median list price was $489,000 and the average listing age was 28 days.

From Rocket Homes Real Estate and based on county public records data.

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