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7771 Mckinley Avenue

San Bernardino, CA 92346
  • $1,335,000
  • STATUS: Active
  • ON SITE: 288 Days
  • MLS #: IG24115007
UPDATED: 178 min ago
$1,335,000
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1988
County:

School Ratings & Info

Listing Agent(s): Marlene Lopez of Realty Masters & Associates (951-268-5580)


Description

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!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-22T00:29:20.747. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
www.desertareahomesforsale.com/homes/151376492
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7771 Mckinley Avenue San Bernardino, CA 92346

  • Price: $1,335,000
  • Status: Active
  • On Site: 288 Days
  • Updated: 178 min ago
  • MLS #: IG24115007
0
Beds
0
Baths
0
½ Baths
0.44
Acres
1988
Built
Neighborhood:
276 - Highland
County:
San Bernardino
Area:
276 - Highland
Property Description
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!
Exterior Features

Architectural Style Traditional Construction Materials Stucco Entry Level 1 Entry Location Front Fencing WoodWrought Iron Lot Features Back YardFront YardLevel Number Of Separate Electric Meters 4 Parking Features DrivewayGarage Parking Total 4 Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved Spa Features None Spa YN No View Mountain(s)Neighborhood View YN Yes

Interior Features

Appliances DishwasherGas Range Common Walls 2+ Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Heating Wall Furnace Heating YN Yes Interior Features Ceiling Fan(s)All Bedrooms Down

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 6.44 Common Interest None Community Features FoothillsSuburban Electric Standard Garage YN Yes Gross Income 0 Gross Scheduled Income 99480 Insurance Expense 1431 Land Lease YN No Laundry Features In Garage Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Submit Net Operating Income 93949 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 5531 Property Condition Updated/RemodeledTurnkey Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Septic Type Unknown Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 8490 Trash Expense 1700 Utilities Electricity ConnectedNatural Gas ConnectedWater Connected Water Sewer Expense 2400 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-22T00:29:20.747. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Desert Area Homes For Sale | Premier Properties. Licensed in the State of California, USA.
 
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Desert Area Homes For Sale | Premier Properties
78115 Calle Estado #104
La Quinta CA, 92253
Listing Agent(s): Marlene Lopez of Realty Masters & Associates (951-268-5580)