We are proud to present an exceptional opportunity to acquire a meticulously renovated 20-Unit multifamily property located at 7443 Elm Street in the city of Highland. This ±17,040 SF Building is situated on a generous ±26,200 SF lot. Highland boasts a strong workforce with major regional distribution centers, creating consistent demand for rentals due to the steady influx of residents. Units feature fully equipped kitchens with oven ranges, dishwashers, refrigerators, vertical blinds, wall AC/heating, high-speed Internet and a combination of stylish plank wood and carpet flooring throughout. The property boasts mature landscaping with lovely mountain views, laundry facilities, and onsite carport and ample street parking. 7443 Elm Street offers a central location with convenient access to the Metrolink San Bernardino Commuter Rail Station. The property is also close to shopping centers, theaters, restaurants, and trendy shops, catering to diverse needs and providing excellent entertainment options. 7443 Elm Street is a stable income-producing asset in the Inland Empire, promising a strong return on investment. Whether you’re a first-time investor seeking to enter the market, a seasoned investor looking to expand your portfolio, or considering a 1031 Exchange, this property offers exceptional stability and long-term value.
For sale
Listing Provided by:
Eric Chen DRE #01489184 626-757-5717,
CB RICHARD ELLIS
$3,750,000
7443 Elm St, San Bernardino, CA 92410
40beds
22baths
17,040sqft
Est.:
Multi Family
Built in 1964
-- sqft lot
$3,530,900 Zestimate®
$220/sqft
$-- HOA
What's special
Mature landscapingLovely mountain viewsHigh-speed internetFully equipped kitchensVertical blindsOven ranges
- 21 days
- on Zillow |
- 159 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: April 18, 2025 at 08:42am
Listing Provided by:
Eric Chen DRE #01489184 626-757-5717,
CB RICHARD ELLIS
Source: CRMLS,MLS#: CV25085926
Originating MLS: California Regional MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 40
- Bathrooms: 22
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 17,040
- Total interior livable area: 17,040 sqft
Property
Parking
- Total spaces: 20
- Parking features: Carport
- Carport spaces: 20
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.6 Acres
- Features: 16-20 Units/Acre
Details
- Parcel number: 0278121340000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Sidewalks
HOA
- Has HOA: Yes
Location
- Region: San Bernardino
Financial & listing details
- Price per square foot: $220/sqft
- Annual tax amount: $31,224
- Date on market: 4/18/2025
- Total actual rent: 420396
- Income includes: Laundry
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