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    26665 Ward St Highland, CA 92346-5676
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    Property profile & analytics

    26665 Ward St, Highland, CA 92346-5676

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    • Apartment buildings
    • 4,548 SF
    • 0.35 lot acres
    Off-Market
    Last Sale Sep 4, 2024
    Property ID
    US10-1544113
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $990,000
    Show details
    Cap Rate Potential
    3.5%
    Apartment buildings
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 26665 Ward St

    Year built
    1963
    Construction
    WOOD FRAME
    Lot size
    0.35 lot acres
    Property type
    Apartment buildings
    APN
    1192-531-57-0000
    APU
    1192531570000

    Description

    This exceptional 11-unit apartment building in Highland, California presents a compelling investment opportunity. Priced at $1,430,000, this property boasts a strong 6.38% cap rate and a healthy net operating income (NOI) of $91,183. Built in 1963, the single-story building sits on a 0.35-acre lot and features a mix of studio and one-bathroom floor plans, each with individual electric meters. Ten parking spaces are available, including eight single-car garages and two carports. Amenities include an on-site laundry room with new gas water heater (2022), a gated swimming pool, storage room, and on-site office space. Recent renovations include copper repiping (2022) and upgraded flooring and cabinetry in several units. The property benefits from a desirable location near Interstate 210, Highland Community Park, Cypress Elementary School, and numerous retail amenities. Landlord pays for water and trash. The property is conveniently located within a short drive of the San Bernardino International Airport and major employers. This is an excellent opportunity for investors seeking a well-maintained, income-producing asset in a growing market. The average household income within a 5-mile radius exceeds $77,000, and the population surpasses 253,000.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,140,000
      ML approach
      $1,200,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $670,000
      6.5%
      $620,000
      7%
      $575,000
    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $970,000
      Current use
      COMMERCIAL (GENERAL)
      $1,565,000
      Change: +61% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $1,385,000
      Change: +43% Conversion: Difficult
      MEDICAL BUILDING
      $1,315,000
      Change: +36% Conversion: Moderate
      NEIGHBORHOOD: SHOPPING CENTER
      $1,225,000
      Change: +26% Conversion: Difficult
      WAREHOUSE, STORAGE
      $1,160,000
      Change: +20% Conversion: Difficult
      RETAIL STORES
      $1,010,000
      Change: +4% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Highland
    County
    San Bernardino
    State
    California
    Longitude
    -117.223
    Latitude
    34.1092
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,546
    $170,675
    $682,697
    $853,372
    -
    $0.00
    $0.00
    $0.00
    More about this property
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