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Nicolas Romo
Direct Office:
800-659-4610
sellingcasas@gmail.com

DRE# 01787685
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Nicolas Romo
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Direct Office:
800-659-4610
sellingcasas@
gmail.com

DRE# 01787685
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Address Not AvailableYucca Valley CA, 92284

(Active)
$840,000
|
|
MLS# 18333552PS
Last Updated: 5/17/2024 11:12 PM
Description for Address Not Available Yucca Valley, CA 92284
PRICE REDUCED! Prime Location! Well maintained and well established 10 unit office space units with courtyard. A total of 5463 Sq'. Total rent is about $60,000 pa. and after direct expenses achieves a net income before taxes of $47,121. The property is well located in town with easy access and parking. Many of the tenants in the building are long term and turnover has been modest. The property has been upgraded in the past 5 years with a new roof, A/C units, parking asphalt and the cash assets include a $18,160 deposit with the Hi Desert Water Assessment for the sewer improvement project (i.e. a future expense that has been paid). Right behind Chase bank off Hwy 62. Great Opportunity! Close to Joshua Tree National Park! Owner May Carry with acceptable offer. Effective sales price is 840,000 - 18,000 (Water Assessment paid)= $ 822,000 which provides a cap rate of 5.7 per seller. GREAT OPPORTUNITY!
Price
$840,000
San Bernardino
18333552PS
Active
Description
PRICE REDUCED! Prime Location! Well maintained and well established 10 unit office space units with courtyard. A total of 5463 Sq'. Total rent is about $60,000 pa. and after direct expenses achieves a net income before taxes of $47,121. The property is well located in town with easy access and parking. Many of the tenants in the building are long term and turnover has been modest. The property has been upgraded in the past 5 years with a new roof, A/C units, parking asphalt and the cash assets include a $18,160 deposit with the Hi Desert Water Assessment for the sewer improvement project (i.e. a future expense that has been paid). Right behind Chase bank off Hwy 62. Great Opportunity! Close to Joshua Tree National Park! Owner May Carry with acceptable offer. Effective sales price is 840,000 - 18,000 (Water Assessment paid)= $ 822,000 which provides a cap rate of 5.7 per seller. GREAT OPPORTUNITY!
Listing Information
Property Type: Own Your Own, 1 Story
1975 1
Neighborhood
Room Information
Interior Features
Gas Heat, Forced Air
Exterior / Lot Features
0 Covered Parking Spaces,
Driving Directions
Hwy 62 to Joshua Lane. Property is on the left. Property is right behind Chase Bank. Prime location.
Financial Considerations
0595172190000
Listing Price History

Yucca Valley Real Estate

Yucca Valley is located in California. Yucca Valley, California 92284 has a population of 21,556.

The median household income in Yucca Valley, California 92284 is $45,698. The median household income for the surrounding county is $65,961 compared to the national median of $66,222. The median age of people living in Yucca Valley 92284 is 35 years.

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Listing Agent: DavePaulette Renney Team CalDRE: 01735253 - Bennion Deville Homes
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This content last refreshed on 5/17/2024 11:12 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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