7771 Mckinley Avenue, Highland, California 92346, Highland, 92346 - 0 bed, 0 bath
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Highland, California 92346
Analysis of 7771 Mckinley Avenue, Highland, California 92346 is currently available with a list price of $1,455,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Highland Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
The property, built in 1988, has undergone significant interior upgrades with 'over $100K invested' and 'three beautifully remodeled units' featuring 'modern kitchens' and 'stylish finishes.' The fourth unit is also described as 'in great shape.' This extensive renovation suggests the property is move-in ready and well-maintained, aligning with the 'Good' criteria. While the exterior appears well-kept, the presence of window AC units in some images and the lack of specific dates for the 'extensive renovation' (to confirm if it's within 5 years for 'Excellent') prevent a higher score. No interior images were provided to visually confirm the 'modern' and 'stylish' claims, but the description is very strong.
The property is explicitly marketed as an 'exceptional investment opportunity' with a strong '10% cap pro forma' and 'equatable income of an 8 unit,' indicating high potential for return on investment.
Over $100K has been invested in interior upgrades, with three units beautifully remodeled and the fourth in great shape, reducing immediate capital expenditure for a new owner.
The property is poised to deliver 'strong rental income and long-term appreciation' with 'low maintenance and long term tenants,' suggesting stable and profitable operations.
Built in 1988, the property is over three decades old. While interior upgrades are noted, major systems (e.g., roof, plumbing, electrical, HVAC) may be original or nearing the end of their lifespan, potentially requiring significant future capital expenditures.
The advertised '10% cap pro forma' is a projection and not a confirmed current financial performance. Investors will need to conduct thorough due diligence to validate the income and expense figures to ensure the projected return is achievable.
The description heavily emphasizes interior upgrades. There is no specific mention of the exterior condition, landscaping, or structural updates, which could be areas requiring investment or maintenance for an older multi-unit property.
Discover an exceptional investment opportunity at 7771 Mckinley Ave, Highland, 10.83% current cap rate!! With Over 100K in capital invested in interior upgrades, this 12 bedroom 8 bathroom quadplex income property features three beautifully remodeled units with the fourth unit that's still in great shape, each unit offering 3 spacious bedrooms and 2 full bathrooms. The modern kitchens are equipped with appliances and stylish finishes, ensuring a contemporary living experience. Each unit boasts its own 2-car garage, complete with washer/dryer hookups, providing convenience and added value for tenants. With its prime location and impressive upgrades, this property is poised to deliver strong rental income and long-term appreciation with equatable income of an 8 unit! Fantastic return on investment with low maintenance and long term tenants. Don't miss out on this rare find!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,996 | 3,604 | 50% |
| Lot Size | 19,000 | 12,500 | 50% |
| Price | $1.46M | $1.12M | 50% |
| Price per sq ft | $364 | $303 | 50% |
| Built year | 1988 | 1976 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 316 | 211 | 0% |
Jun 10, 2025
$1,455,000
Initial Listing