Yucca Valley, CA 92284,7455 Fox

$243,500

$250,000

2.6%
Est.Price: ?

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Est. payment /mo

0.33 Acres Lot


SOLD DATE : 05/29/2015

Key Details

Sold Price $243,500

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SW14237551

Sold Date 05/29/15

HOA Y/N No

Year Built 1986

Tax Year 2013

Lot Size 0.327 Acres

Property Description

This is a very nice clean functional apartment, inside and out. You will always keep this rented at above market rents with all the amenities that come with these units! All units have roomy living room, dining area with ceiling fans, private patio, private backyard, laundry hook ups, and private single car attached garage. Kitchen amenities include granite counter tops, dishwashers, and garbage disposals. Seller is out of the area, and have rented out all the units, month to month, at well below market rents. Please find in supplements $650-$695 monthly market rents while seller has units rented out at $525 monthly! Giving the benefit of any doubt, at only $625 monthly rents, this property performs at a 8.33 GRM, a 8.40% cap rate, and a 16.18% Cash on Cash Return! With only $62,500 down, where else can you get your money performing at 16.18%!! Priced at only $62,500 per unit, this is by far the best investment buy in Yucca Valley. Please see supplements for details including cash flow, rent roll, and aerial/site plan.

Location

State CA

County San Bernardino

Area Dc521 - Central West

Interior

Fireplace No

Exterior

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Total Parking Spaces 8

Private Pool No

Building

Lot Description 11-15 Units/Acre

Sewer Septic Tank

Water Public

Others

Tax ID 0586342160000

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash to New Loan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Tony Burton • Burton Commercial, Inc.
Bought with Tony Burton • Burton Commercial, Inc.
agent-avatar

+1(858) 465-0993

lizz@lizzisyourrealtor.com

27465 Jefferson Ave # 117, Temecula, California, 92590

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