, Yucca Valley, CA 92284
-
Listed Price :
$840,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
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Year Built :
1975
Property 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!
Interior Features
| Bedroom Information |
| Bedrooms |
N/A |
| Bathroom Information |
| Bathrooms |
N/A |
Listing Information
| City |
Yucca Valley |
| State |
CA |
| Zip |
92284 |
| County |
San Bernardino |
| Listing Agent |
DavePaulette Renney DRE #01735253 |
| Courtesy Of |
Bennion Deville Homes |
| List Price |
$840,000 |
| Status |
Active |
| Type |
Commercial |
| Subtype |
Own Your Own |
| Structure Size |
N/A |
| Lot Size |
N/A |
| Year Built |
1975 |
Listing information courtesy of: DavePaulette Renney, Bennion Deville Homes. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:45 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
