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$385,000

$69/sf

Sold

2 years ago

We're unable to assist you with offers or showings in this zip code. We're expanding fast and hope to service 92284 soon.

34.118183-116.442993
San Bernardino CountyYucca Valley

7396 Bannock

Yucca Valley, CA 92284

$385,000

$69/sf

Sold

2 years ago

We're unable to assist you with offers or showings in this zip code. We're expanding fast and hope to service 92284 soon.

  • Multi-family building, 6 beds 3 baths, 5,568 sf, 19,000 sf lot
  • Unit #1: 2 beds, 1 bath, $595/mo
    Unit #2: 2 beds, 1 bath, $575/mo
    Unit #3: 2 beds, 1 bath, $610/mo
This investment is a rarity because it has it all. Currently 100% rented. It's been taken care of inside and out. Both interior and exterior condition is wonderful. All rooms are large. Beautiful tile floors throughout. All unit's are 2 bedroom 1 bath which is the most popular mix in Yucca Valley. Large wall and swamp cooling/heat. Private yards for each unit. Private carport parking for each unit. Private laundry hook ups in each unit. The returns are also a rarity. Above market stunning 7.93 Gross Rent Multiplier and 7.87% Cap Rate at below market actual rents! And if you bring on market rents (see rent comp attached), you break double digits at a 6.47 GRM, a 10.36% Cap Rate and a stunning 24.26% Cash on Cash Return. Only $112,500 down get's your money performing like this! Super convenient location that's a magnet for tenant's due to walking distance closeness to the main drag and central Yucca Valley. Yucca Valley has one main drag and we are one block off that Twentynine Palms Highway.

Features

  • - Built 1964
  • - Units: 8
Listed by Tony Burton, Burton Commercial, Inc.CMRL #SW15245002APN: #0586306110000
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Schools

C+Yucca Valley Elementary SchoolmoreK-6
B-La Contenta Middle Schoolmore7-8
CYucca Valley High Schoolmore9-12
School data provided by

History

06/06/2016 Sold$385,0002 years ago
04/06/2016 Pending$450,0002 years ago
03/24/2016 For Sale$450,0002 years ago
02/11/2016 Pending$450,0002 years ago
02/03/2016 Off Market$500,0002 years ago

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ABCApartment TherapyInside HookY CombinatorLos Angeles Times
School rankings provided by Niche.Updated 3/2/18.School information is to be used as reference only. To verify enrollment eligibility for a specific property, contact the school or the local school board.

The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share).

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