$889,000
-$10,0002035 Reedy Avenue, Highland CA 92346
Multi-Family (4 Units)
Property type
364 days
On market
$290
Price per sqft
0 cars
Garage
1980
Year built
9,000 sqft
Lot size
Open Houses
Overview
A 4 unit apartment complex located in the city of Highland, California. The apartment building was built in 1980 and the unit mix consists of (4) 2bed/1bath. Each unit has approx. 766 square feet. In addition, the property is conveniently located within a five minute drive to stores such as Stater Bros. Markets, Jiffy Lube, Jack In the Box, del Taco, Walmart, Subway, ALDI,...
Listing provided by: Charly Ubaldo DRE #02088736 213-527-0450, Keller Williams Victor Valley
Listing updated: May 19, 2026 at 05:57am.
Last checked: Jun 5, 2026 at 10:30am
Source: CRMLS #DW25127535
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $1,750 | $1,750 | $1,750 | Unfurnished |
| 2 | 2 | 1 | — | $1,750 | $1,750 | $1,750 | Unfurnished |
| 3 | 2 | 1 | — | $990 | $990 | $1,750 | Unfurnished |
| 4 | 2 | 1 | — | $1,200 | $1,200 | $1,750 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
21.2x
List Price / Annual Gross Rent
Cap Rate
2.69%
NOI / List Price
Gross Scheduled Income: $41,880
Operating Expense: $18,000
Net Operating Income: $23,880
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $0
Professional Management: $0
Trash: $0
Water / Sewer: $0
Interior
Laundry: None
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Common Walls: Two Common Walls Or More
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Uncovered Spaces: 4
Carport Spaces: 4
Parking Total: 8
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 1191301260000
Additional Parcels: No
Tax Lot: 16
Community
Senior Community: No
Community Features: Park
Nearby Schools
Nearby schools around the 2035 Reedy Avenue, Highland, CA 92346. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$711,200
Total Interest
$907,096
Total Payment
$1,618,296
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$5,571
per month
Property History for 2035 Reedy Avenue
Highland Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92346.
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