$3,500,000

Estimated payment $22,454/month

Total Views 3,774
6 Beds
4 Baths
16,120 Sq Ft
$217 Price per Sq Ft

Highlights

  • 0.59 Acre Lot
  • Laundry Facilities
  • Wall Furnace

About This Home

We are pleased to exclusively present a stabilized multifamily investment opportunity at 26674 Ward Street in Highland, CA, offering a strong in-place income stream in the heart of the Inland Empire. This well-maintained 20-unit asset is strategically positioned near San Bernardino International Airport, California State University San Bernardino, and Yaamava’ Resort & Casino — one of the region’s largest employers and entertainment destinations. With direct access to the 210, 10, and 215 Freeways, the property offers residents unparalleled connectivity across the Inland Empire and greater Southern California. Situated on a ±25,900 SF lot, the property features ±16,120 SF of rentable space across extensively renovated apartment homes averaging 800 SF — a practical floor plan well-suited to the area’s working-class, long-term renter base. Select units have undergone comprehensive interior upgrades, including updated kitchens with quartz countertops, new cabinetry, and stainless steel appliances, fully remodeled bathrooms featuring contemporary tile surrounds and fixtures, new luxury vinyl wood plank flooring throughout, and fresh interior paint. The diverse unit mix includes 1-bedroom/1-bathroom, 2-bedroom/1-bathroom, and 3-bedroom/2-bathroom floor plans, each complemented by modern ceiling fans, wall air conditioning and heating, walk-in closets, linen closets, and storage space. Common area amenities include an on-site laundry facility, gated entry, covered and surface parking within a secured courtyard, and a freshly painted exterior with mature landscaping that enhances the property’s curb appeal. 26674 Ward Street is a stable income-producing asset in the Inland Empire, promising a strong return on investment. Whether you are 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.

Listing Agent

Eric Chen

CB RICHARD ELLIS Brokerage Phone: 626-757-5717 Listed on: 07/17/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 25,900 Sq Ft Lot
  • Two or More Common Walls
  • Density is 16-20 Units/Acre

Home Design

  • Apartment
  • Entry on the 1st floor

Interior Spaces

  • 16,120 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 24 Parking Spaces
  • 20 Carport Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 2 / 1
  • Tax Tract Number 6051
  • Assessor Parcel Number 1192531450000
  • $395 per year additional tax assessments

Community Details

Building Details

  • 20 Separate Electric Meters
  • 20 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $7,715
  • Fuel Expense $2,507
  • Gardener Expense $2,100
  • Insurance Expense $24,064
  • Other Expense $4,000
  • Pest Control $870
  • Professional Management Expense $30,126
  • Supplies Expense $9,565
  • Trash Expense $6,746
  • Water Sewer Expense $14,873
  • New Taxes Expense $43,851
  • Operating Expense $225,296
  • Gross Income $407,066
  • Net Operating Income $225,296

Additional Features

  • 20 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.59 Acres

Listing Details

  • CapRate: 6.44
  • Professional Management Expense: 30126.00
  • Property Attached: Yes
  • Supplies Expense: 9565.00
  • Water Sewer Expenses: 14873.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 2100.00
  • Parcel Number: 1192531450000
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 217.12

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 20.00
  • Total Parking Spaces: 24.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Pest Control Expense: 870.00
  • Sewer: Public Sewer
  • Trash Expense: 6746.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 25900.00
  • Lot Size Acres: 0.5946

Multi Family

  • Electric Expense: 7715.00
  • Fuel Expense: 2507.00
  • Gross Income: 407066.00
  • Gross Multiplier: 8.60
  • Gross Operating Income: 386713.00
  • Gross Scheduled Income: 407066.00
  • Insurance Expense: 24064.00
  • Lot Size Area: 25900.0000 Square Feet
  • Net Operating Income: 225296.00
  • Number Of Separate Electric Meters: 20
  • Number Of Separate Gas Meters: 20
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 20
  • Operating Expense: 161416.00
  • Other Expense: 4000.00
  • Other Expense Description: Reserves
  • Rent Control: No
  • Total Actual Rent: 395206.00
  • Total Expenses: 225296.00

Tax Info

  • New Taxes Expense: 43851.00
  • Tax Block: 1
  • Tax Census Tract: 007603
  • Tax Lot: 2
  • Tax Tract Number: 6051
  • TaxOtherAnnualAssessmentAmount: 395.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $38,605 $3,139,054 $649,460 $2,489,594
2025 $38,605 $3,077,503 $636,725 $2,440,778
2024 $37,826 $3,017,160 $624,240 $2,392,920
2023 $36,897 $2,958,000 $612,000 $2,346,000
2022 $21,793 $1,694,445 $181,266 $1,513,179
2021 $21,863 $1,661,221 $177,712 $1,483,509
2020 $21,951 $1,644,187 $175,890 $1,468,297
2019 $21,280 $1,611,948 $172,441 $1,439,507
2018 $21,031 $1,580,341 $169,060 $1,411,281
2017 $18,860 $1,430,500 $130,000 $1,300,500
2016 $16,648 $1,272,700 $115,700 $1,157,000
2015 $14,926 $1,100,000 $100,000 $1,000,000
2014 $13,495 $1,000,000 $100,000 $900,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/17/2026 07/17/26 For Sale $3,500,000 0.0% $217 / Sq Ft
01/19/2024 01/19/24 Price Changed $1,370 -8.4% $2 / Sq Ft
09/08/2023 09/08/23 Price Changed $1,495 +9.1% $2 / Sq Ft
08/08/2023 08/08/23 For Rent $1,370 0.0% --
07/03/2023 07/03/23 Price Changed $1,370 0.0% $2 / Sq Ft
07/01/2023 07/01/23 For Rent $1,370 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $2,900,000 First American Title
Grant Deed $1,290,000 Chicago Title Co
Interfamily Deed Transfer -- South Coast Title
Grant Deed $745,000 South Coast Title
Grant Deed $640,000 Orange Coast Title
Grant Deed $250,000 Old Republic Title
Grant Deed -- Old Republic Title Company
Trustee Deed $79,889 Fidelity National Title Ins
Trustee Deed $79,889 Fidelity National Title Ins
Grant Deed -- Investors Title Company
Trustee Deed $200,000 Fidelity National Title Ins
Interfamily Deed Transfer -- First American Title Ins Co
Grant Deed -- First American Title Ins Co
Corporate Deed -- Stewart Title Co
Trustee Deed $332,000 Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $2,175,000 New Conventional
Previous Owner $970,000 Commercial
Previous Owner $975,000 Commercial
Previous Owner $1,000,000 Commercial
Previous Owner $903,000 Commercial
Previous Owner $484,250 Commercial
Previous Owner $490,000 Seller Take Back
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV26156698

California Regional Multiple Listing Service (CRMLS)
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