26196 Cypress St Unit A Highland, CA 92346
Lankershim NeighborhoodEstimated payment $4,563/month
Highlights
- No Units Above
- Ductless Heating Or Cooling System
- Heating Available
- No HOA
- Laundry Room
- 1-Story Property
About This Home
Investor Special – Income-Generating Triplex with ADU Potential in Highland
Welcome to 26196 Cypress St, a spacious and well-maintained triplex located in a desirable Highland neighborhood. This property features three separately metered units, each with 2 bedrooms and 1 bathroom, totaling approximately 2,900 sq ft of living space.
Each unit is equipped with its own swamp cooler and heater unit, and all three are currently tenant-occupied on month-to-month leases, offering both stability and flexibility for the next owner.
The lot offers ample off-street parking and a generous rear area, providing excellent potential to add a large ADU and increase cash flow. Recent improvements include a new roof installed 9 years ago and new heater units added 3 years ago.
Whether you're a seasoned investor or looking to live in one unit while renting the others, this income-producing property is a smart addition to any portfolio.
Don't miss this opportunity to own a versatile, high-potential property in the heart of Highland!
Listing Agent
eXp Realty of Southern California, Inc. Brokerage Phone: 909-821-2781 License #02073190 Listed on: 08/05/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,223
Year Built
- Built in 1984
Lot Details
- 0.3 Acre Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Density is up to 1 Unit/Acre
Home Design
- Triplex
- Entry on the 1st floor
- Composition Roof
Interior Spaces
- 2,900 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Parking
- 10 Open Parking Spaces
- 10 Parking Spaces
Location
- Suburban Location
Utilities
- Ductless Heating Or Cooling System
- Evaporated cooling system
- Heating Available
Listing and Financial Details
- Legal Lot and Block 7 / 62
- Assessor Parcel Number 1192151150000
- $2,448 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 3 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,500
- Operating Expense $2,500
- Gross Income $40,500
- Net Operating Income $38,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,223 | $487,095 | $119,068 | $368,027 |
| 2024 | $7,223 | $477,544 | $116,733 | $360,811 |
| 2023 | $7,076 | $468,180 | $114,444 | $353,736 |
| 2022 | $7,072 | $459,000 | $112,200 | $346,800 |
| 2021 | $3,821 | $207,131 | $29,589 | $177,542 |
| 2020 | $2,774 | $205,008 | $29,286 | $175,722 |
| 2019 | $2,691 | $200,988 | $28,712 | $172,276 |
| 2018 | $2,660 | $197,047 | $28,149 | $168,898 |
| 2017 | $2,580 | $193,183 | $27,597 | $165,586 |
| 2016 | $2,505 | $189,395 | $27,056 | $162,339 |
| 2015 | $2,551 | $186,551 | $26,650 | $159,901 |
| 2014 | $2,483 | $182,897 | $26,128 | $156,769 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/05/2025 08/05/25 | For Sale | $750,000 | -- | $259 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | -- | None Available | |
| Grant Deed | $355,000 | Investors Title | |
| Interfamily Deed Transfer | -- | Investors Title | |
| Grant Deed | $355,000 | Investors Title | |
| Quit Claim Deed | -- | None Available | |
| Grant Deed | $410,000 | Fidelity National Title Co | |
| Grant Deed | $300,000 | Ticor Title Co | |
| Interfamily Deed Transfer | -- | Ticor Title Co | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $126,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $328,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $268,800 | Purchase Money Mortgage | |
| Previous Owner | $124,949 | FHA | |
| Closed | $67,200 | No Value Available |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW25175721
APN: 1192-151-15
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
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