
San Bernardino, California 92404
This triplex presents a High-Potential Investment Opportunity with a List Price of $679,900—positioned above the $635,965 Fair Market Value. While the property lacks immediate equity, it functions as a stable Buy-and-Hold Asset featuring three separate utility meters and full occupancy. With a Condition Rating of 5, the 1952 structure requires a strategic capital expenditure plan to modernize aging systems. The property offers consistent rental demand in a key Highland location, making it an ideal acquisition for experienced multifamily investors focused on long-term cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7209 Tippecanoe Subject | $679,900* List Price | 0 | 0 | 2,789 | $228 | - |
A 6915 Barton Street Sold | $830,000 | 0 | 0 | 3,200 | $259 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1952 (72 years old) with no evidence of major renovations. The interior shows significant wear, dated kitchen fixtures, and the use of window AC units suggests a lack of modern central HVAC systems. Based on the age and visible condition, the property requires a full rehab to meet modern standards.
This triplex is fully occupied with all three units currently rented, providing the new owner with immediate rental income and a turnkey investment opportunity.
The property features three separate electric and gas meters, which significantly reduces owner expenses and simplifies utility management by shifting costs to tenants.
Located in a high-demand area of Highland with proximity to major transportation routes, schools, and employment centers, ensuring strong long-term rental appeal.
Built in 1952, the property may require more frequent maintenance or capital expenditures for aging systems compared to newer multi-family developments.
The listing places the responsibility on the buyer to independently verify all rents, expenses, and zoning, suggesting a lack of pre-certified financial documentation.
INCOME-PRODUCING 3-UNIT PROPERTY IN HIGHLAND, CALIFORNIA Excellent investment opportunity in Highland! This well-positioned three-unit property offers the opportunity to acquire an income-producing asset with all three units currently rented, providing immediate rental income for the new owner. With three separate electric and gas meters, this property offers attractive potential for investors seeking strong rental demand, multiple income streams, and long-term investment potential. The property is currently occupied, allowing a buyer to step into an existing income-producing situation while benefiting from the flexibility and diversification that a multi-unit property provides. Conveniently located in Highland with access to local shopping, dining, schools, employment centers, major transportation routes, and surrounding Inland Empire communities. Whether you're an experienced investor looking to expand your portfolio or a first-time multifamily buyer, this property presents an excellent opportunity to own a three-unit rental property in a desirable Southern California market. All units are currently rented and generating rental income. Buyer and buyer's agent to independently verify rents, expenses, property condition, square footage, zoning, and all other property information
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.3 |
| Baths | 0.0 | 2.7 |
| Square foot | 2,789 | 1,865.083 |
| Lot Size | 7,600 | 7,752.25 |
| Price | $679.9K | $639.4K |
| Price per sq ft | $244 | $329 |
| Built year | 1952 | 1949 |
| HOA | $0 | $0 |
| Days on market | 26 | 65 |
Aug 15, 2026
$679,900
Initial Listing
Aug 14, 2026
$79,900
Initial Listing
Aug 31, 2015
$218,500
Public Record
Oct 14, 1999
$135,000
Public Record