26665 Ward St
Highland, CA 92346

Bd   — Ba   4,548 Sqft
Huge price reduction! Highlights; Competitive Offering CAP Rate of 6.80% With an Achievable Pro Forma CAP Rate of 7.28%, Competitive Offering GRM of 8.82 With a Pro Forma GRM of 8.45, Potential 5%-7% Upside in Rental Income, Rental Comparables Illustrate a 99 % Occupancy Area, ??Absolute Turn Key, Very Clean & Well Maintained, Financeable Asset. The Ward Street apartment community is situated on a 15,446 Sq. Ft. Lot. The apartment complex is composed of eleven studio units. The property has been very well maintained throughout the years and reflects a pride of ownership. The tenants are provided secure onsite parking with detached garages, pool access, & onsite laundry. The City of Highland is among one of the fastest growing communities in the Inland Empire. There are currently six developers working on large scale residential developments in the city. Increased occupancy and stabilization have lead to an increase in demand, which has resulted in higher rental prices and returns. Currently less than 20% of dwellings in Highland are designated for multifamily, this factor will continue to contribute to much higher demand for this type of housing in the future. The growth in the City of Highland make this multifamily asset an ideal investment opportunity.
  • Neighborhood: Cypress
  • Days on Movoto: 339
  • Year Built: 1963
  • HOA:
  • $/Sqft: $159
  • Lot: 15,446 Sqft
  • Property Type: Single Family
  • MLS#: IV15248170
  • MLS:
  • Listing Office: LE INVESTMENT GROUP
  • Listing Broker: ALBERT LE
  • Movoto last checked CRMLS for new data 5 hours ago
  • CRMLS last updated this listing 1 week ago

Home Features for 26665 Ward St , Highland

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Real Estate Market Statistics of 26665 Ward Street , Highland

Highland, California

Total Inventory For Sale

134 Homes

+2% m/m +4% y/y

Median List Price


0% m/m +6% y/y

Median Days On Market

52 Days

0% m/m 0% y/y

Median House Size

1,960 Sqft

0% m/m +11% y/y

Median Price Per Square Foot

$177 /Sqft

0% m/m +2% y/y

Median Price

As of today, , there are 134 properties listed for sale in ZIP code 92346 and 134 properties listed for sale in the city of Highland, CA. Of those 134 properties, there are 124 single family houses and 10 condos. The current list price for 26665 Ward St is $725,000, which is 107% above the median price of $349,900 for Highland and 107% above the median of $349,900 for 92346. 26665 Ward St is approximately 4,548 Sqft, which is 132% above the median size in Highland of 1,960 square feet and 132% above the median size in 92346 of 1,960 square feet. This property's price per Sqft is $159, which is 10% below the median in 92346 of $177 and 10% below the Highland median of $177.

New Listings in Highland

Built in 1963, this single family house at 26665 Ward St is approximately 4,548 square feet and comes with 11 parking spots. It is listed on 11/17/2015 for $725,000 with a cost per Sqft of $159. 26665 Ward St is located in the Cypress neighborhood in the San Bernardino City Unified School District. The closest school is Cypress Elementary School.

26665 Ward St has been on the market for 339 days. The median days on the market for properties in this area is 52 with a median list price of $349,900 and median cost per square foot of $177. It's currently listed as active under the MLS #IV15248170.

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