Seller's Agent in 2024
Eric Chen
CB RICHARD ELLIS
(909) 418-2030
1 in this area
65 Total Sales
27205 Main St Highland, CA 92346
San Andreas Neighborhood
6
Beds
5
Baths
3,494
Sq Ft
8,668
Sq Ft Lot
Highlights
- No HOA
- Laundry Room
- Wall Furnace
- Cooling System Mounted To A Wall/Window
About This Home
As of July 2024Portfolio Sale Opportunity: This property is available for Individual Purchase or as part of a Portfolio Sale with 394 W. 17th Street, San Bernardino and 3717 Roosevelt Street, Riverside. We are pleased to present the opportunity to acquire a six-unit property located at 27205 Main Street in the city of Highland. The property building size totals ±3,394 SF and is situated on a well-maintained ±8,667 square foot lot. 27205 Main Street is conveniently located minutes away from the 210 Freeway and its cross streets are Cole Avenue and Pacific Street. The property offers convenient access to the San Bernardino Downtown Metrolink rail station, shopping centers, restaurants, and other popular retailers all within a short distance.
27205 Main Street features a small courtyard and well-kept mature landscaping. The property has an on-site laundry facility, a small courtyard, surface vehicle parking and ample street parking. Most of the units have been updated and feature fully equipped kitchens with appliances, new vinyl plank flooring, ceiling fans, recessed lighting, mirrored closets, vertical blinds, wall air conditioning and heating, and private patios or yards.
The property offers convenient access to the 210, 215 and 10 freeways connecting to Riverside, Orange, and Los Angeles Counties. Neighboring cities include San Bernardino, Colton, Redlands, Yucaipa, and Loma Linda. Significant local landmarks within a 20-mile radius include: San Bernardino International Airport, Highland Crossing Shopping Center, Highland Avenue Plaza, San Bernardino National Forest, Loma Linda University Medical Center, Cal State San Bernardino and Yaamava’ Resort & Casino, to name a few. 27205 Main Street is a prime Inland Empire income-producing property and a great long-term investment. The property offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.
Last Agent to Sell the Property
CB RICHARD ELLIS Brokerage Phone: 626-757-5717 Listed on: 02/10/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 8,667 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 3,494 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Bathrooms
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Tax Lot 13
- Tax Tract Number 7409
- Assessor Parcel Number 1191471510000
- $1,292 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 6 Units
Amenities
- Laundry Facilities
Building Details
- 6 Leased Units
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $240
- Fuel Expense $840
- Gardener Expense $1,200
- Insurance Expense $3,900
- Maintenance Expense $4,690
- Other Expense $1,500
- Professional Management Expense $5,628
- Trash Expense $2,496
- Water Sewer Expense $3,720
- New Taxes Expense $13,713
- Operating Expense $37,927
- Gross Income $98,736
- Net Operating Income $55,872
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/26/2024 07/26/24 | Sold | $1,050,000 | 0.0% | $301 / Sq Ft | |
| 06/10/2024 06/10/24 | Pending | -- | -- | -- | |
| 02/10/2024 02/10/24 | For Sale | $1,050,000 | 0.0% | $301 / Sq Ft | |
| 08/29/2019 08/29/19 | Rented | $1,350 | 0.0% | -- | |
| 08/15/2019 08/15/19 | Price Changed | $1,350 | -6.9% | $1 / Sq Ft | |
| 08/06/2019 08/06/19 | For Rent | $1,450 | 0.0% | -- | |
| 08/16/2016 08/16/16 | Sold | $440,000 | 0.0% | $110 / Sq Ft | View Prior Sale |
| 07/17/2016 07/17/16 | Pending | -- | -- | -- | |
| 06/13/2016 06/13/16 | For Sale | $440,000 | -- | $110 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $13,180 | $1,050,000 | $315,000 | $735,000 |
| 2024 | $6,355 | $500,646 | $68,270 | $432,376 |
| 2023 | $6,200 | $490,829 | $66,931 | $423,898 |
| 2022 | $6,220 | $481,205 | $65,619 | $415,586 |
| 2021 | $6,240 | $471,769 | $64,332 | $407,437 |
| 2020 | $6,265 | $466,931 | $63,672 | $403,259 |
| 2019 | $6,075 | $457,776 | $62,424 | $395,352 |
| 2018 | $6,004 | $448,800 | $61,200 | $387,600 |
| 2017 | $5,823 | $440,000 | $60,000 | $380,000 |
| 2016 | $963 | $64,148 | $17,141 | $47,007 |
| 2015 | $978 | $63,185 | $16,884 | $46,301 |
| 2014 | $955 | $61,947 | $16,553 | $45,394 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Chen
-
Lisa Pimentel
Buyer's Agent in 2024
Lisa Pimentel
CENTURY 21 CITRUS REALTY INC
(626) 391-2149
1 in this area
57 Total Sales
-
Angela Harris
A
Seller's Agent in 2019
Angela Harris
SERENITY REAL ESTATE SOLUTIONS
(951) 775-4863
8 Total Sales
-
Larry Lord
Seller's Agent in 2016
Larry Lord
Larry Lord & Associates
(805) 750-6761
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV24029313
APN: 1191-471-51
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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