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1180 W Highland Ave, San Bernardino, CA 92405
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1180 W Highland Ave San Bernardino, CA 92405

$790,000 Sold Price as of 07/15/2022
  • -- Beds
  • -- Baths
  • 5,032 Sq.Ft.
Sold
$790,000 Sold Price as of 07/15/2022 Refinance Your Mortgage
Map preview of 1180 W Highland Ave, San Bernardino, CA 92405

Property Overview: 1180 W Highland Ave San Bernardino, CA has -- bedrooms, -- bathrooms, 5,032 living square feet and 7,633 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This excellent income property is fully occupied with long-term tenants and benefits from high daily traffic due to its location on one of the largest main streets in San Bernardino. Additionally, its close proximity to the 210, and 215 freeways contribute to its visibility. These 4 storefront retail shops generate about $67,800 yearly and have an estimated Cap Rate of 5.97% after expenses. Please feel free to contact for additional information.

Listed by Eun Hee Lana Pham | BRE #01384621 | Han Investment Group Inc.
Co-listed by Ricky Cen | BRE #02107423 | Han Investment Group Inc.
Last checked: 10 minutes ago | Last updated: July 26th, 2022 | Source CRMLS | DOM: 64

Home details

Lot Sq. Ft
7,633
HOA Dues
$0/mo
Year built
1952
Garage
--
Property Type:
Retail
Status
Sold
MLS#
AR22067422
City
San Bernardino
County
San Bernardino
Time on Site
774 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $67,800
  • Net Operating Income: $48,240
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $9,000

Property Details for 1180 W Highland Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Paved
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 0148221040000
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Corner of N Serrano RD + W Highland Ave.
View more facts & features

Local San Bernardino Agent

Sale History for 1180 W Highland Ave

Last sold for $790,000 on July 15th, 2022

  • April, 2022

  • Apr 25, 2022

    Date

    Active

    CRMLS: AR22067422

    $880,000

    Price

  • July, 2021

  • Jul 29, 2021

    Date

    Expired

    CRMLS: CV21032407

    $795,000

    Price

  • Feb 16, 2021

    Date

    Active

    CRMLS: CV21032407

    $795,000

    Price

  • Listing provided courtesy of CRMLS

    I am pleased to present this great investment opportunity. This free standing 3 unit 2,800 sqft property consists of 4 small businesses all currently leased with long time tenants and additional income from a billboard. There is an appliance store, a hair salon, a gift shop and a herbal life shop located in the gift shop. Those along with the billboard give a total combined monthly income of $5,200. Located just past Mt. Vernon and the 215 located within a close distance there are several shopping centers and other thriving businesses including an Auto Dealer across the way, a gas station at the corner, not too far from a Stater Brother's Shopping center and several fast food restaurants. Prime location and good rents with room to improve. Professional photos coming soon.

  • August, 2020

  • Aug 1, 2020

    Date

    Expired

    CRMLS: CV19285790

    $899,999

    Price

  • Dec 27, 2019

    Date

    Active

    CRMLS: CV19285790

    $899,999

    Price

  • Listing provided courtesy of CRMLS

    Commercial Building For Sale in San Bernardino, Ca. Frontage on Highland Avenue, with hundreds of thousands of cars passing a week. Property is currently being used as a retail Appliances Store, Barber Shop, Herbal Life ,Gift Shop, all 4 units have been successfully operating. This building features over 7,633 square feet of interior space and sits on a 22,800 square foot lot. Owner has installed a brand new Iron fence just recently that surrounds the lot. There are 12 parking spots, not including street parking and room for 5 cars in secured gated parking for the tenants. The Bonus Income is generated from the billboard sign that stands between the Commercial building and Liquor Store next door.

  • April, 2003

  • Apr 11, 2003

    Date

    Sold (Public Records)

    Public Records

    $185,000

    Price

Show More

Tax History for 1180 W Highland Ave

Assessed Value (2020): $123,162
Year Land Value Improved Value Assessed Value
2020 $19,866 $103,296 $123,162

Home Value Compared to the Market

This property vs the competition

1180 W Highland Ave sold on July 15, 2022 for 70.83% 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 $162.96 per/sqft which puts the price per square foot 55.23% lower than the current median sale per square foot for the city of San Bernardino.

About 1180 W Highland Ave

Detailed summary of property

1180 W Highland Ave is a retail that recently sold in San Bernardino, CA 92405. This retail property offered -- bedrooms, -- bathrooms, roughly 5,032 living square feet, and sits on an approximately 7,633 square foot lot. 1180 W Highland Ave was first listed on ArdentRealEstateGroup.com on April 4, 2022. The homeowner sold the property for $790,000. 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 70.83% higher than the current median priced home. Local homes that are currently for sale include 3860 E Colorado Blvd, 2401 E Washington Blvd and 1941 Atlantic Ave. While the average home in San Bernardino, CA is selling in 50 days, 1180 W Highland Ave has a days on market of 64 days. There are currently 380 homes for sale in the San Bernardino real estate market and 340 of them are single family homes while 38 of them are condos and 2 are townhomes. For more information on this home for sale at 1180 W Highland Ave San Bernardino, CA 92405 contact Ardent Real Estate Group and we will put you in touch with one of our San Bernardino agents.

Public Facts for 1180 W Highland Ave

Public county record property details
Beds
--
Baths
--
Year built
1952
Sq. Ft.
2,800
Lot Size
7,633
Stories
--
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
San Bernardino
Lot#
21
APN
0148-221-04-0000

The source for these homes facts are from public records.

92405 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$469,000
Median List Price/Sq.Ft.
$353
Median Sold Price
$441,000
Median Sold Price/Sq.Ft.
$449
Total Inventory
72
Median Sale to List Price %
105.03%
Avg Days on Market
27
Loan Type
Conventional (9.09%), FHA (54.55%), VA (9.09%), Cash (18.18%), Other (9.09%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(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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