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431 W Highland Avenue, San Bernardino, CA 92405
$897,000
431 W Highland Avenue, San Bernardino, CA 92405View this property at 431 W Highland Avenue, San Bernardino, CA 92405
431 W Highland AvenueSan BernardinoCA92405
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Property Description
Over $300,000 renovations in the recent years! Reinforced Roof, Newer Fire Sprinkler System, Newer Electrical System and Newer A/C. This is a stunning investment opportunity located on the major street in the city of San Bernardino. This building can be used for a variety of Commercial/Industrial/Retail Business. The property itself is in a great condition with good rental income, low maintenance and great upside on rents as well. The current tenant is using it for Social Community Services, Dance Studio and Food Services. Rent is $6,000/Month with Landlord paying the Property Tax and Building Insurance. The lease will expire on 09/01/2025. Great Potential!!! Bring your imagination and it will be yours!!!
Full Property Details
Full Property Details for 431 W Highland Ave
General
- Price: $897,000
- Taxes: $9,190
- Status: Active
- Type: Retail
- MLS ID: CV24070331
- Updated: 4/18/2024
- Days on Market: 41 days
- Added to Site: 42 day(s) ago
Business
- Business Type: Accounting, Administrative and Support, Adult Family
Rooms
Other Rooms
- Laundry: None
Location
- County: San Bernardino
- Driving Directions: CA-210 E, Take Exit 75 for H St.
Utilities
- Utility Description: Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Structural Information
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 6500
- Square Feet: 6,500
- Year Built: 1935
Lot Features
- Lot Size (Acres): 0.1722
- Useable Acres: .1722
- Lot Size (Sq. Ft.): 7,500
- Lot Size Source: Assessor
- Lot Features: Back Yard, Paved
- Lot Description: Back Yard, Paved
Financial Considerations
- Price Per Sq. Ft.: $138
- Tax Amount: $9,190
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Property ID: 145031260000
Listed by Re/Max Champions, JingChen
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Schools
Schools serving 431 W Highland Ave
School District:San Bernardino City Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
2525 N G St, Sn Bernrdno, CA 92405 | K-6 | 0.4 mi | |
2299 N G St, Sn Bernrdno, CA 92405 | 6-8 | 0.3 mi | |
1850 N E St, Sn Bernrdno, CA 92405 | 9-12 | 0.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 431 W Highland Ave
Date
Details
Price
Change
Source
4/09/2024
Listed
$897,000
22.88%
MLS
9/07/2022
Sold
$730,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 431 W Highland Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$9,190
58%
$730,000
63%
2022
$5,816
—
$446,572
2%
2021
$5,830
—
$437,816
1%
2020
$5,848
3%
$433,327
2%
2019
$5,672
-27%
$424,830
-28%
2018
$7,821
11%
$586,100
10%
2017
$7,041
10%
$532,800
9%
2016
$6,378
7%
$487,000
8%
2015
$5,955
1%
$450,000
—
2014
$5,905
-2%
$450,000
—
2013
$6,038
—
$450,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 431 W Highland Ave
431 W Highland Avenue, San Bernardino, CA 92405 (MLS# CV24070331) is a Retail property. 431 W Highland Avenue is currently listed for $897,000 and was received on April 09, 2024. Want to learn more about 431 W Highland Avenue? Do you have questions about finding other Retail real estate for sale in San Bernardino? You can browse all San Bernardino real estate or contact a Coldwell Banker agent to request more information.