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432 W Highland Ave San Bernardino, CA 92405

$480,000 Sold Price as of 04/16/2019

-- Beds
-- Baths
4,200 Sq.Ft.

Sold

$480,000 Sold Price as of 04/16/2019 Refinance Your Mortgage

Map preview of 432 W Highland Ave, San Bernardino, CA 92405

Property Overview: 432 W Highland Ave San Bernardino, CA has -- bedrooms, -- bathrooms, 4,200 living square feet and 7,500 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Opportunity of A lifetime!!! One building with 2 Units. Each unit is Approximately 2000 sqft. Currently Liberty Tax is renting for $1270.00 per month with 3 years remaining. The second unit is occupied by current owner as a church and is collecting $1270.00 in rents. Keep it as a church and benefit with current parishioners. Lease to new business and collect additional rents. Another option would be to occupy second unit with your own business. Many opportunities, such as the large billboard on top of building owned by Clear Channel. The billboard is a 20 year agreement with 13 years remaining. The current rents being collected for billboard is $625.00 per month. This amount will increase in the year 2021 by $1000 for the year. Every 5 years thereafter rents will increase by $1000.00 for the year and repeat the cycle every 5 years. This is A GoldMine, the billboard is approx. 14' h x 48' w in size. Second unit was renovated to meet city guidelines. New bathrooms to accommodate handicapped regulations and handicap elevator. You must see for yourself to appreciate the renovations. Address for both units is 432-434 W Highland Avenue.

Listed by Bernard Cervantes | BRE #01905903 | Intero Real Estate Services
Co-listed by Fernando Spindola | BRE #01745219 | Intero Real Estate Services

Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 166

Home details

Lot Sq. Ft: 7,500
HOA Dues: $0/mo
Year built: 1953
Garage: --
Property Type:: Business

Status: Sold
MLS#: IG18212616
City: San Bernardino
County: San Bernardino
Time on Site: 1399 days

Property Unit Breakdown

Unit Mix Summary

Total # of Units: 3
Total # of Buildings: 1
# of Leased Units: 2

Unit Breakdown 1

# of Units: 1
# of Beds: --
# of Baths: --
Actual Rent: $1,270
Total Rent: --

Unit Breakdown 2

# of Units: 2
# of Beds: --
# of Baths: --
Actual Rent: $1,270
Total Rent: --

Property Income/Expense Information

Property Income and Analysis

Gross Rent Multiplier: --
Gross Scheduled Income: --
Net Operating Income: --
Gross Operating Income: --

Annual Expense Breakdown

Total Operating Expense: --

Property Details for 432 W Highland Ave

Interior Features

Cooling Information

Has Cooling
Central Air

Laundry Information

None

Exterior Features

Exterior Information

No Fence
None

Lot Details / Garage and Parking

Lot Information

Lot Features: 2-5 Units/Acre, Level with Street, Paved
Lot Size Source: Assessor

Property Information

Total # of Units: 3
Parcel Number: 0149221150000
Year Built Source: Public Records
Entry Level: 1
Offered With Property: Seller will consider gifting chairs, audio equipment and other supplies to qualified non-profit organization. Non-profit will be verified to be current in good standing.

Homeowners Association, Utilities, Taxes / Assessments

Utilities Information

Water Source: Public
Utilities: Electricity Connected, Water Connected

Location / Neighborhood

Location Information

Directions: 2!5 Freeway exit W Highland Ave. head East.

View more facts & features

Local San Bernardino Agent

Sale History for 432 W Highland Ave

Last sold for $480,000 on April 16th, 2019

April, 2019
Apr 17, 2019

Date

Sold

CRMLS: IG18212616

$480,000

Price
Mar 4, 2019

Date

Pending

CRMLS: IG18212616

$493,000

Price
Mar 1, 2019

Date

Expired

CRMLS: IG18212616

$493,000

Price
Aug 30, 2018

Date

Active

CRMLS: IG18212616

$493,000

Price
April, 2019
Apr 15, 2019

Date

Sold (Public Records)

Public Records

$480,000

Price
August, 2018
Aug 19, 2018

Date

Expired

CRMLS: IV17192174

$539,000

Price
Aug 18, 2017

Date

Active

CRMLS: IV17192174

$539,000

Price
Listing provided courtesy of CRMLS

2 GREAT RETAIL UNITS, GREAT OPPORTUNITY TO COLLECT RENTS AND OWN YOUR VERY OWN BUSINESS, AND HAVE YOUR VERY OWN CHURCH THE FLOCK IS ALREADY ESTABLISHED FOR 10 YRS, ON A VERY BUSY STREET HIGHLAND AVE. 2 SPACES EACH 2,000 SQ. FT. SPACE 2 HAS LEASE OF 10 YEARS TO LIBERTY TAX SERVICES 9 MONTHS LEFT ON LEASE FOR $1,278.00 PER MO. SPACE 1 OWNER RUNS AS A CHURCH COMPLETELY RENOVATED, HAS HANDICAP ELEVATOR, OR RENT THE CHURCH FOR ADDITIONAL INCOME, 2 BATHROOMS. BILLBOARD ON TOP OF BUILDING HAS LEASE OF 14 YEARS LEFT FOR $625.00 PER MO. A/C ON BOTH UNITS ONLY 5 YRS. OLD. THIS IS A CA$H$$$$$$COW OF DEAL. TOTAL INCOME $1,903.00 PER MONTH.

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June, 2007
Jun 11, 2007

Date

Sold (Public Records)

Public Records

$435,000

Price

Tax History for 432 W Highland Ave

Assessed Value (2020): $489,600

Year	Land Value	Improved Value	Assessed Value
2020	$102,000	$387,600	$489,600

Home Value Compared to the Market

This property vs the competition

432 W Highland Ave sold on April 16, 2019 for 2.71% 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 $117.38 per/sqft which puts the price per square foot 67.75% lower than the current median sale per square foot for the city of San Bernardino.

About 432 W Highland Ave

Detailed summary of property

432 W Highland Ave is a business that recently sold in San Bernardino, CA 92405. This business offered -- bedrooms, -- bathrooms, roughly 4,200 living square feet, and sits on an approximately 7,500 square foot lot. 432 W Highland Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $480,000. 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 2.71% higher than the current median priced home. Local homes that are currently for sale include 1458 S San Pedro St #312, 810 E Manchester Ave and 706 E 79th St. While the average home in San Bernardino, CA is selling in 48 days, 432 W Highland Ave has a days on market of 166 days. There are currently 399 homes for sale in the San Bernardino real estate market and 355 of them are single family homes while 42 of them are condos and 2 are townhomes. For more information on this home for sale at 432 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 432 W Highland Ave

Public county record property details

Beds: --
Baths: --
Year built: 1953
Sq. Ft.: 4,000
Lot Size: 7,500
Stories: --

Type: Retail Stores ( Personal Services, Photography, Travel)
Pool: No
Spa: No
County: San Bernardino
Lot#: 9
APN: 0149-221-15-0000

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

$465,000

Median List Price/Sq.Ft.

$350

Median Sold Price

$441,000

Median Sold Price/Sq.Ft.

$449

Total Inventory

Median Sale to List Price %

105.03%

Avg Days on Market

Loan Type

Conventional (9.09%), FHA (54.55%), VA (9.09%), Cash (18.18%), Other (9.09%)

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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.