3542 Rainbow Ln, Highland, CA 92346

Property Description

This income producing condo is a STEAL!!! Walk into instant EQUITY!!! This one-story front unit offers easy street access and parking and if having to climb up and down steep flights of stairs multiple times a day is a deal breaker, then this is a must see. The corner lot has a spaciousness due to open street access on multiple sides. This home has a 1 car enclosed garage parking along with ample street parking, on-site private laundry room shared between 4 units, and a pool and spa for those hot days. Within minutes, you can be centrally located to quick freeway access, restaurants and entertainment, the excitement of San Manuel Casino, higher education at Cal State University, and relaxing getaways of cabins, boating, fishing and lakes if you head up the mountain to Big Bear, Lake Arrowhead and Crestline. No more crazy water bills with this home is a major plus. The HOA pays water, trash, sewer, exterior grounds maintenance and pool and spa area upkeep. Perfect home for a first time buyer or anyone tired of paying outrageous rents and with an insane cash-on-cash return, this makes this quaint condo a gem for investors as well. Buy this home for yourself and with a little TLC you'll have the perfect home for almost half the price of nearby condos or keep the existing tenants in place for immediate cash flow. This home won't last.