35162 Avenue Yucaipa, CA 92399, Yucaipa , 92399
Listing ID: SW24174571
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$1,150,000
Price
0.00
Beds
0.00
Baths
4000
Sq. Ft.
Built: 2007
Parking: 4 Spot
Listed: 4 weeks ago
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Property Description

This offering is a rarity. FOUR SEPARATE HOUSES ONE ONE LOT!!! The houses are: Two houses that are 3 bedrooms, 2 baths. One house that's 2 bedroom, 1 bath One house that's 1 bedroom, 1 bath. The 3 bed 2 bath houses have 2 car garages each. The other two units are space parking. The two 3 bedroom 2 bath houses were built in 2007. The 2 bedroom 1 bath house, and the 1 bedroom 1 bath house, were totally updated in 1989. Each unit is separately metered with gas & electric, and tenants sign up for and pay for their own gas & electric bill. Landlord pays water and trash. This complex really performs! At market rents, it puts out $110,000 annually, a 10.45 Gross Rent Multiplier, an 8.04% Cap Rate, and a stunning double digit 12.93% Cash on Cash Return! You can view the income, expenses, and returns in the Marketing Package attached in Supplements. Also, in the Marketing Package attached, please see a very similar Sale Comp. We have a nearby sale, 4 units, with similar beds/beds/square footage, at 12690 7th Street in Yucaipa that sold on 10/13/23 for $1,365,000!!! WE WILL LOOK AT ALL OFFERS AND LETTERS OF INTENT. PLEASE DON'T HESITATE TO SEND OUT EITHER AND WE WILL RESPOND!! YOU CAN SIMPLY EMAIL A LETTER OF INTENT IF YOU'D LIKE AND THAT ONLY TAKES MINUTES! THANK YOU.

Semi-detached located at 35162 Avenue Yucaipa, CA 92399. It has 0.00 beds, 0.00 bathrooms, and is 4000 square feet. The property was built in 2007. 35162 Avenue Yucaipa, CA 92399 is in the Yucaipa neighborhood.
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Anthony Charles Burton

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Anthony Charles Burton
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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment