$1,800,000
$1,825,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
1 Acres Lot
SOLD DATE : 05/02/2023
Key Details
Sold Price $1,800,000
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW23018878
Sold Date 05/02/23
HOA Y/N No
Year Built 1984
Lot Size 1.000 Acres
Property Sub-Type Mixed Use
Property Description
A great opportunity to own a quality Income Property. All 10 units are Single Story with 2 Bedrooms, Patios, Central Heating and A/C, Indoor Washer and Dryer hookups, Single car garages with automatic door openers and newer aluminum doors, plus an additional parking space. Immediate increase in rents for the 3 tenants that are eligible results in a 5% cap rate. Large lot that gives the property a park like setting. High tenant demand because of the amenities and ideal location just off of Bear Valley Rd. with easy access to the freeway. Property is on septic tanks so no City sewer expense and tanks were recently certified to be in good working order.
Location
State CA
County San Bernardino
Area Hsp - Hesperia
Interior
Interior Features All Bedrooms Down
Heating Central
Cooling Central Air
Flooring Carpet, Laminate
Fireplaces Type None
Fireplace No
Appliance Water Heater
Laundry In Kitchen
Exterior
Parking Features Concrete, Detached Carport, Driveway Level, Door-Single, Garage, Garage Door Opener, One Space
Garage Spaces 10.0
Garage Description 10.0
Pool None
Community Features Biking, Rural
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
View Y/N Yes
View Park/Greenbelt
Roof Type Composition
Total Parking Spaces 20
Private Pool No
Building
Lot Description 6-10 Units/Acre, Front Yard, Lot Over 40000 Sqft, Street Level
Story 1
Entry Level One
Foundation Slab
Sewer Septic Tank
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 0406051170000
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with DARREN CORREA • LE INVESTMENT GROUP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
880 Roosevelt Suite 250, Irvine, California, 92620, United States