Yucca Valley, CA 92284,56190 Papago

$200,000

$210,000

4.8%
Est.Price: ?

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Est. payment /mo

0.34 Acres Lot


SOLD DATE : 01/10/2015

Key Details

Sold Price $200,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SW14236103

Sold Date 01/10/15

HOA Y/N No

Year Built 1970

Tax Year 2013

Lot Size 0.336 Acres

Property Description

This is an unusually nice triplex in a very nice area of Yucca Valley. Just look at the pictures as to how nice it is inside. At assessors quote of 3,020 square feet, it equals the size of most five unit apartments! All the units are very large for 2 bedroom units. Unit A is 1,200 SF+/- and has central heat/air, a private single garage, enclosed patio, private laundry room, private fenced yard, with two bathrooms. Units B & C are 910 SF+/-, and have private single garages, laundry hook ups, and private fenced back yards. While the actual rents are much below market, at these actual rents, this investment performs above the market at a 9.21 GRM, a 7.19% Cap, and a 11.32% Cash on Cash Return! And if you adjust the rents to market, this investment boasts a 8.33 GRM, a 8.16% Cap, and a 15.21% Cash on Cash Return! All the above only takes $52,500 down (OAC) to get you in! Please see Supplements for an aerial/site plan, rent roll, and a detailed cash flow analysis.

Location

State CA

County San Bernardino

Area Dc521 - Central West

Interior

Heating Central, Wall Furnace

Cooling Central Air, Evaporative Cooling

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Laundry Room

Exterior

Garage Assigned, Unassigned

Garage Spaces 3.0

Garage Description 3.0

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Parking Type Assigned, Unassigned

Total Parking Spaces 8

Private Pool No

Building

Lot Description 0-1 Unit/Acre, 11-15 Units/Acre

Sewer Septic Tank

Water Public

Others

Tax ID 0587061010000

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Conventional

Special Listing Condition Standard

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

+1(858) 465-0993

lizz@lizzisyourrealtor.com

27465 Jefferson Ave # 117, Temecula, California, 92590

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