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1156 E Highland Ave, San Bernardino, CA 92404
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1156 E Highland Ave San Bernardino, CA 92404

$1,200,000 Sold Price as of 06/11/2020
  • -- Beds
  • -- Baths
  • 12,576 Sq.Ft.
Sold
$1,200,000 Sold Price as of 06/11/2020 Refinance Your Mortgage
Map preview of 1156 E Highland Ave, San Bernardino, CA 92404

Property Overview: 1156 E Highland Ave San Bernardino, CA has -- bedrooms, -- bathrooms, 12,576 living square feet and 43,660 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Seven Unit - - Retail/Office & Restaurant Strip Mall - - - Total square footage of all seven units is 12,576 sq ft and sits on a little more than an acre (43,660). - - - Each unit has its own gas and electric meter. - - - All seven units are rented. - - - Property has ample parking in front - - - Additionally, in the rear, there are 3 building warehouses for storage usage - - - (Buildings E - F & G (1500, 840 & 651 sq ft - - totaling 2991 sq ft) - - - plus an enclosed parking garage - - -All units are rented - - - The cap rate is 5.8 %. Complete facade renovation including plaster and paint (2003-2004) - - - - - Interior renovations (plaster, paint, handicap facilities, etc (2003-2009) - - - - - Re-roofiing of most areas (2003-2009) - - - - - Re-paving of parking area including installation of Petromat base and surface asphalt (2009) - - - - - Renovation of 3, street-side pole signs (2010-2011) - - - - - Installation of new gate to back area (2017) - - - - - Continuous upgrade and repair of H/AC units throughout this period. - - - - - Property Tax 2018 ($5171) - - - - - Insurance 2018 ($5889) - - - - - This property is located in a high traffic, busy locale with thriving businesses all around. - - - - - Two parcels are included in this sale (Parcel # 0155-242-23 and Parcel # 0155-242-24)

Listed by MAUREEN GORE | BRE #00670177 | COLDWELL BANKER KIVETT-TEETERS
Last checked: 13 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 456

Home details

Lot Sq. Ft
43,660
HOA Dues
$0/mo
Year built
1957
Garage
--
Property Type:
Business
Status
Sold
MLS#
EV18250685
City
San Bernardino
County
San Bernardino
Time on Site
1387 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 7
  • # of Leased Units: 7
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $1,100
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $1,560
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $830
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $750
  • Total Rent: --
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $955
  • Total Rent: --
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $1,100
  • Total Rent: --
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: --
  • # of Baths: --
  • Actual Rent: $2,495
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.8%
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $106,680
  • Net Operating Income: $92,212
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $14,468
  • Electric: $432
  • Trash: $1,440
  • Insurance: $5,890
  • Water/Sewer: $1,536

Property Details for 1156 E Highland Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air, Natural Gas
Laundry Information
  • None
Interior Features
  • Security Features: Fire and Smoke Detection System, Gated Community, Security Lights, Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 30
Lot Information
  • Lot Features: 6-10 Units/Acre, Lot Over 40000 Sqft, Rectangular Lot, Level, Near Public Transit, Park Nearby, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Total # of Units: 7
  • Parcel Number: 0155242230000
  • Year Built Source: Assessor
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: East of Waterman Avenue on Highland Avenue
View more facts & features

Local San Bernardino Agent

Sale History for 1156 E Highland Ave

Last sold for $1,200,000 on June 11th, 2020

  • June, 2020

  • Jun 12, 2020

    Date

    Sold

    CRMLS: EV18250685

    $1,200,000

    Price

  • Jan 16, 2020

    Date

    Pending

    CRMLS: EV18250685

    $1,550,000

    Price

  • Sep 26, 2019

    Date

    Price Change

    CRMLS: EV18250685

    $1,550,000

    Price

  • Oct 15, 2018

    Date

    Active

    CRMLS: EV18250685

    $1,600,000

    Price

  • June, 2020

  • Jun 11, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,200,000

    Price

Show More

Tax History for 1156 E Highland Ave

Assessed Value (2020): $130,576
Year Land Value Improved Value Assessed Value
2020 $46,145 $84,431 $130,576

Home Value Compared to the Market

This property vs the competition

1156 E Highland Ave sold on June 11, 2020 for 222.92% higher than the current median sold price for the city of San Bernardino which is $480,000. The median sold price per/sqft for San Bernardino is $364 and this home is sold at $123.25 per/sqft which puts the price per square foot 66.14% lower than the current median sale per square foot for the city of San Bernardino.

About 1156 E Highland Ave

Detailed summary of property

1156 E Highland Ave is a business that recently sold in San Bernardino, CA 92404. This business offered -- bedrooms, -- bathrooms, roughly 12,576 living square feet, and sits on an approximately 43,660 square foot lot. 1156 E Highland Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,200,000. Home in San Bernardino are selling for a median price of $480,000 and a median price per square foot of $364. Based on Ardent Real Estate Group's San Bernardino Market Data, this home is sold 222.92% higher than the current median priced home. Local homes that are currently for sale include 9770 Foothill Blvd, 9213 Archibald Ave and 393 N East End Ave. While the average home in San Bernardino, CA is selling in 49 days, 1156 E Highland Ave has a days on market of 456 days. There are currently 378 homes for sale in the San Bernardino real estate market and 340 of them are single family homes while 36 of them are condos and 2 are townhomes. For more information on this home for sale at 1156 E Highland Ave San Bernardino, CA 92404 contact Ardent Real Estate Group and we will put you in touch with one of our San Bernardino agents.

Public Facts for 1156 E Highland Ave

Public county record property details
Beds
--
Baths
--
Year built
1957
Sq. Ft.
4,800
Lot Size
11,900
Stories
--
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
San Bernardino
Lot#
3
APN
0155-242-23-0000

The source for these homes facts are from public records.

92404 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$499,950
Median List Price/Sq.Ft.
$319
Median Sold Price
$497,000
Median Sold Price/Sq.Ft.
$327
Total Inventory
109
Median Sale to List Price %
103.56%
Avg Days on Market
19
Loan Type
Conventional (42.42%), FHA (36.36%), VA (6.06%), Cash (9.09%), Other (6.06%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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