26877 Mossway StHighland, CA 92346

Property Details for 26877 Mossway St

Year built

1971

Property size (Sq ft)

4,800 SF

Property type

Investment properties

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a portfolio of four individual townhomes located in Highland, California. Each unit boasts approximately 1200 square feet, totaling 4,800 square feet of net rentable space. Built in 1971 and extensively renovated in 2022, these two-story properties are situated on individual parcels (APN: 1192-541-78//789/80/81) within a gated community, offering residents convenient front carport parking, gated front porches, and storage. Currently operating at 100% occupancy, this stabilized investment boasts a compelling 6.03% cap rate and a price per square foot of $197.92. The asking price for the entire portfolio is $950,000, or $237,500 per unit. This presents a unique opportunity for investors seeking a multifamily asset with the benefits of single-family residential properties, including no rent control. The property's prime location near the Highland Community Center and major employers like Amazon ensures strong rental demand and ease of management. The permitted zoning is residential. This is a 1031 exchange eligible property. The property is classified as Class C multifamily.

Location Insight

City

Highland

County

San Bernardino

State

California

Latitude

34.109

Longitude

-117.218

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].