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3444 Rainbow

Highland, CA 92346
  • $1,225,000
  • STATUS: ACTIVE
  • ON SITE: 51 Days
  • ID#: IV24039157
$1,225,000
  • 4
    BEDS
  • 0.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Le Investment Group is proud to present a unique investment opportunity a portfolio sale featuring a collection of six well maintained condominium units. Built in 1969, these condos have undergone thoughtful interior renovations under the current ownership, ensuring tenants have all modern conveniences. The portfolio comprises two distinct floor plans, adding versatility to the property. Two (2) of the units boast a comfortable 780 square feet of living space, offering a well-designed layout with 2 bedrooms and 1 bathroom. Meanwhile, the remaining four (4) units present a slightly larger footprint at 882 square feet, featuring 2 bedrooms and 1.5 bathrooms providing additional functionality. Le Investment Group is proud to present a unique investment opportunity a portfolio sale featuring a collection of six well maintained condominium units. Built in 1969, these condos have undergone thoughtful interior renovations under the current ownership, ensuring tenants have all modern conveniences. The portfolio comprises two distinct floor plans, adding versatility to the property. Two (2) of the units boast a comfortable 780 square feet of living space, offering a well-designed layout with 2 bedrooms and 1 bathroom. Meanwhile, the remaining four (4) units present a slightly larger footprint at 882 square feet, featuring 2 bedrooms and 1.5 bathrooms providing additional functionality.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.redtreerealty.com/homes/147984198
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3444 Rainbow Highland, CA 92346

  • Price: $1,225,000
  • Status: ACTIVE
  • On Site: 51 Days
  • ID#: IV24039157
4
Beds
0
Baths
0
½ Baths
0.08
Acres
Neighborhood:
Highland (92346)
County:
San Bernardino
Area:
Highland (92346)
Property Description
Le Investment Group is proud to present a unique investment opportunity a portfolio sale featuring a collection of six well maintained condominium units. Built in 1969, these condos have undergone thoughtful interior renovations under the current ownership, ensuring tenants have all modern conveniences. The portfolio comprises two distinct floor plans, adding versatility to the property. Two (2) of the units boast a comfortable 780 square feet of living space, offering a well-designed layout with 2 bedrooms and 1 bathroom. Meanwhile, the remaining four (4) units present a slightly larger footprint at 882 square feet, featuring 2 bedrooms and 1.5 bathrooms providing additional functionality. Le Investment Group is proud to present a unique investment opportunity a portfolio sale featuring a collection of six well maintained condominium units. Built in 1969, these condos have undergone thoughtful interior renovations under the current ownership, ensuring tenants have all modern conveniences. The portfolio comprises two distinct floor plans, adding versatility to the property. Two (2) of the units boast a comfortable 780 square feet of living space, offering a well-designed layout with 2 bedrooms and 1 bathroom. Meanwhile, the remaining four (4) units present a slightly larger footprint at 882 square feet, featuring 2 bedrooms and 1.5 bathrooms providing additional functionality.
Exterior Features

Site Sidewalks

Interior Features

Stories Split Level Total Baths Unit1 1 Total Baths Unit2 2

Property Features

Actual Cap Rate 7.44 Annual Expense Actual 60149 Buildings 6 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Rent Multiplier Actual 7.85 Gross Scheduled Income Actual 156000 Tenant Pays Other Fees Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 2099.0 Unit2 Rent Actual 1997.0 Zoning Public Rec

San Diego MLS logo Listing provided courtesy of Albert Le of LE INVESTMENT GROUP: 909-256-7889. Listing information © 2024 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
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Red Tree Realty | Keller Williams La Jolla
4138 Napier St.
San Diego CA, 92110