$200,000
$210,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
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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Bought with LISABETH EVANGELISTA • AMERICAN BROKERS