$465,000

13681 Yakima Road

Apple Valley CA, 92308

Description

Pride of ownership 4 unit with long term tenants. This 4 unit property is so unique that you will not find another one like it in the area. 1) It sits on .9 acres of land meaning you have the opportunity for future development of additional units. 2) the rents are under market meaning you have ample ability to increase cash flow year over year for the immediate future. 3) It has an onsite laundry room with owned machines. No more messing around with a 3rd party leasing company who takes a majority of the profits for themselves. 4) Property has garages but tenants do not use them and is not included in the rent. Immediate opportunity to increase income by renting out garages for storage to the tenants. 5) Property has been owned by a single family for almost 40 years and can tell you everything that has been replaced during that time. 6) Listed under price per unit comparables, seller wants it sold before the end of the year.

Details

MLS#529594
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1950
Days On Site124

Features

SQ Feet3,075
Units4
Building(s)1
Property ViewCity, Desert

Market Activity 92308

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Area Information
StateCA
CountySan Bernardino
CityApple Valley
Zip Code92308
AreaCalifornia
Listing VS Median (in 92308)
Price:
$465,000
low | high
Med:
$149,950
100% of Average
SqFt:
3,075
low | high
Med:
0
100% of Average
$ / SqFt:
$151
low | high
Med:
$0
100% of Average
On Site:
124
low | high
Med:
137
90.510948905109% of Average
Sourced by Back At You
Listing Updated: March 2, 2021 8:01:48 PM PST
Listing Provided By: Jerrad Schendel of Coldwell Banker Commercial Real Estate Solutions

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the High Desert Association of REALTORS®.