7443 Elm St | Highland, CA 92410
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
7443 Elm St
Highland, CA 92410
Elm Village Apartments · Multifamily Property For Sale
·
20 Units
Investment Highlights
- Ideal Opportunity to Acquire a 20-Unit Property in Highland with a 6.95% Cap Rate Already In Place
- Assumable Freddie Mac Loan of Approximately $1,800,000 at 3.47% Fixed Interest Rate through January 2031/30 Year Amortization (Not Required)
- Value-Add Opportunity; Approximately 18% Rental Upside Potential through Continued Interior & Exterior Renovations
- Well-Kept ±17,040 SF Property Situated on a Spacious ±26,200 SF Lot Built in 1964
- Featuring Two-Bedroom Floor Plans | Average Unit Size of 855 Square Feet
- Heavily Renovated and Upgraded Property Including: Exterior Paint, Full Roof Replacement, Soft Story Seismic Retrofit, Security Camera System
Property Facts
| No. Units | 20 | Building Size | 17,040 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1964 |
| Building Class | C | Parking Ratio | 1.17/1,000 SF |
| Lot Size | 0.60 AC | ||
| Zoning | R3, Highland | ||
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.60 AC |
| Building Size | 17,040 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.17/1,000 SF |
| Zoning | R3, Highland |
Amenities
Unit Amenities
- Dishwasher
- Refrigerator
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 18 | $1,112 | 850 |
| 2+2 | 2 | $1,795 | 900 |
Property Taxes
| Parcel Number | 0278-121-34 | Improvements Assessment | $2,164,864 |
| Land Assessment | $432,973 | Total Assessment | $2,597,837 |
Property Taxes
Parcel Number
0278-121-34
Land Assessment
$432,973
Improvements Assessment
$2,164,864
Total Assessment
$2,597,837
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
