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36041 Highland, Yucaipa, California 92399, Yucaipa, 92399 - 6 bed, 4 bath

36041 Highland, Yucaipa, California 92399 home-pic-0
ACTIVE$799,888
36041 Highland, Yucaipa, California 92399
6Beds
4Baths
1,914Sqft
22,736Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Income-Generating Triplex: Offers three distinct rental units, providing immediate income potential or owner-occupant flexibility.
Top Cons:
Property Age: Built in 1952, the property may require updates to systems or aesthetics to meet modern standards and tenant expectations.

Compared to the nearby listings

Price:$799.9K vs avg $874.9K ($-75,056)50%
Size:1,914 sqft vs avg 3,044 sqft50%
Price/sqft:$418 vs avg $32350%

More Insights

Built in 1952 (73 years old).
Condition: The property, built in 1952, has undergone significant and recent renovations in its main unit, featuring a modern kitchen with white shaker cabinets, quartz countertops, stainless steel appliances, and updated bathrooms with stylish fixtures and tiling. Major system upgrades include owned solar panels, a Tesla Powerwall, and mini-split AC units, indicating well-maintained and functional infrastructure. While one of the other units shows an older kitchen style (likely 15-20 years old) with darker cabinets and a dated backsplash, the overall condition, especially of the primary living space and critical systems, makes the property move-in ready with no immediate major renovations required. The blend of recent, high-quality updates in the main unit and modern energy solutions elevates it beyond 'Fair', despite the age of the structure and some less updated areas.
Year Built
1952
Close
-
List price
$800K
Original List price
$845K
Price/Sqft
$418
HOA
-
Days on market
-
Sold On
-
MLS number
IV25237362
Home ConditionGood
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Triplex in Prime Upper Yucaipa Location near Oak Glen – Income Opportunity! Exceptional investment opportunity or perfect owner-occupied triplex situated on a spacious 22,000+ sq. ft. lot in the heart of Yucaipa. The main unit offers 3 bedrooms and 2 bathrooms, featuring an open floor plan and comfortable living spaces. The second unit includes 2 bedrooms and 1 bathroom, ideal for extended family or additional rental income. The third unit is a 1-bedroom, 1-bathroom layout, perfect for guests or as a studio rental. Property highlights include owned solar panels, ample parking, and expansive outdoor space with room for gardens, storage, or potential future enhancements. Conveniently located near schools, parks, and shopping, this property combines residential comfort with excellent investment potential. Whether you’re looking to live in one unit and rent out the others or add a strong income-producing asset to your portfolio, this versatile Yucaipa triplex delivers long-term value and flexibility.

Condition Rating
Good
The property, built in 1952, has undergone significant and recent renovations in its main unit, featuring a modern kitchen with white shaker cabinets, quartz countertops, stainless steel appliances, and updated bathrooms with stylish fixtures and tiling. Major system upgrades include owned solar panels, a Tesla Powerwall, and mini-split AC units, indicating well-maintained and functional infrastructure. While one of the other units shows an older kitchen style (likely 15-20 years old) with darker cabinets and a dated backsplash, the overall condition, especially of the primary living space and critical systems, makes the property move-in ready with no immediate major renovations required. The blend of recent, high-quality updates in the main unit and modern energy solutions elevates it beyond 'Fair', despite the age of the structure and some less updated areas.
Pros & Cons

Pros

Income-Generating Triplex: Offers three distinct rental units, providing immediate income potential or owner-occupant flexibility.
Expansive Lot Size: A generous 22,000+ sq. ft. lot provides ample outdoor space, parking, and potential for future enhancements or development.
Owned Solar Panels: Reduces utility costs and enhances the property's appeal and sustainability for both tenants and owners.
Strategic Location: Situated in a prime Upper Yucaipa location near Oak Glen, with convenient access to schools, parks, and shopping.
Versatile Investment: Ideal for investors seeking multiple income streams or owner-occupants looking to offset mortgage costs with rental income.

Cons

Property Age: Built in 1952, the property may require updates to systems or aesthetics to meet modern standards and tenant expectations.
Recent Price Adjustment: A recent price reduction from $844,988 to $799,888 could indicate initial overpricing or market resistance, potentially affecting perceived value.
Compact Unit Layouts: With 1914 sq. ft. distributed across three units (6 beds, 4 baths total), individual unit sizes may be relatively compact, potentially limiting appeal to some renters.

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