35162 Avenue, Yucaipa
Yucaipa Home For Sale
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.
Property Details
Additional Information
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- City:
- Yucaipa
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- County:
- San Bernardino
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- Zip:
- 92399
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- MLS® #:
- SW24174571
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- Bedrooms:
- 6
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- Bathrooms:
- 4
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- Lot Size:
- 0.61
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- Levels:
- One
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- Garages:
- 4
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- HOA Dues:
- $
Based on information from California Regional Multiple Listing Service, Inc. as of August 26th, 2024 at 5:15am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.