6321 Yucca Avenue

    29 Palms, CA 92277
    • $625,000
    • STATUS: Active
    • ON SITE: 35 days
    • ID#: 19465374
    UPDATED: 58 min ago
    $625,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,945
      SQFT
    • $126
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1985
    County:

    School Ratings & Info

    Description

    Athol and Yucca Apartment Communities are an ideal opportunity for a multifamily investor. An investor can take advantage of the strong growth market of Twentynine Palms, San Bernardino County. The Athol and Yucca assets are conveniently located within a short distance to retail, restaurants, entertainment venues and employment centers. Twentynine Palms boasts the largest United States Marine Corps base, which encompasses 1,100 square miles and supplements strong market fundamentals in the area. Adjacent to Twentynine Palms, Joshua Tree National Park also attracted a record of 2,942,382 visitors last year. The Athol and Yucca Apartments are the perfect multifamily investment opportunity with a strong in place cash flow and projected positive rental growth. Furthermore, the property can be purchased well below current replacement cost. Both properties' interiors have had full renovations including granite counter tops, tile flooring and new / upgraded cabinets.

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    Based on information from CARETS as of 2019-06-15T18:47:23.51. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS 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. Any property information 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, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
    www.sellbuyla.com/homes/94663872

    6321 Yucca Avenue 29 Palms, CA 92277

    • Price: $625,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: 19465374
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    4,945
    SQFT
    $126
    $/SQFT
    1985
    Built
    Neighborhood:
    Four Corners (Dc726)
    County:
    San Bernardino
    Area:
    Four Corners (Dc726)
    Property Description
    Athol and Yucca Apartment Communities are an ideal opportunity for a multifamily investor. An investor can take advantage of the strong growth market of Twentynine Palms, San Bernardino County. The Athol and Yucca assets are conveniently located within a short distance to retail, restaurants, entertainment venues and employment centers. Twentynine Palms boasts the largest United States Marine Corps base, which encompasses 1,100 square miles and supplements strong market fundamentals in the area. Adjacent to Twentynine Palms, Joshua Tree National Park also attracted a record of 2,942,382 visitors last year. The Athol and Yucca Apartments are the perfect multifamily investment opportunity with a strong in place cash flow and projected positive rental growth. Furthermore, the property can be purchased well below current replacement cost. Both properties' interiors have had full renovations including granite counter tops, tile flooring and new / upgraded cabinets.
    Exterior Features

    Parking Spaces Total 6 Parking Type Garage

    Interior Features

    Cooling Type Other Heating Type Other Interior Features Other Total Floors 1 Unit Furnished01 Unfurnished Unit Furnished02 Unfurnished Unit Furnished03 Partially Unit Furnished04 Partially Unit Furnished05 Partially Unit Furnished06 Partially Unit Furnished07 Partially Unit Furnished08 Partially Unit Furnished09 Partially Unit Furnished10 Partially Unit Furnished11 Partially Unit Furnished12 Partially Unit Furnished13 Partially Unit Number Of Bath01 1.0 Unit Number Of Bath02 1.0 Unit Number Of Bed01 0 Unit Number Of Bed02 2

    Property Features

    Adjusted Gross Income 67200.00 Assessed Improvement Value 129835.00 Assessed Land Value 8439.00 Cap Rate 7.08 Country United States Of America Expense Total Annual 21306.00 Gross Operating Income 65577.00 Gross Rent Multiplier 9.30 Hoa YN N Legal Disclosures Take Property As Is Lot Size Source Public Records Net Operating Income 44271.00 Number Of Buildings 1 Special Conditions Standard Sale Square Footage Source Public Records Unit Monthly Rent01 675.00 Unit Monthly Rent02 850.00 Unit Projected Total Monthly Rent01 1350.00 Unit Projected Total Monthly Rent02 4250.00 Unit Total Monthly Rent01 1350.00 Unit Total Monthly Rent02 4250.00 Unit Type01 2 Unit Type02 5 Units Total In Complex 7

    Listing provided courtesy of Peter Hauser DRE#00856966 of Avison Young ? Southern Ca Ltd.


    Based on information from CARETS as of 2019-06-15T18:47:23.51. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS 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. Any property information 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, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

    Licensed in the State of California, USA.
     
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