This is a nice 4Plex in the beautiful area of Yucaipa. Yucaipa is known as one of the nicest areas of the Inland Empire with low crime and a high pride of ownership. OWNER WILL CARRY WITH 40% DOWN! CALL FOR DETAILS!!These units consist of four 2 bedrooms, 2 baths, and each unit has it's own 1 car garage.Each unit is separately metered with gas & electric, and tenants sign up for and pay for their own gas & electric bill. Landlord pays water and trash. This complex really performs. At market rents, we're putting out $114,240 annual gross income, a 9.19 Gross Rent Multiplier, a 9.29% Cap Rate, and a robust double digit 19.20% Cash on Cash!! For all income, expense, and return information, please see Marketing Package attached in Supplements. ACTUAL RENTS ARE LOW BUT THEY ARE MONTH TO MONTH. TENANT'S CAN CONSENT TO PAYING MARKET RENTS.
|
DAYS ON MARKET
|
96
|
LAST UPDATED
|
11/14/2024
|
|
YEAR BUILT
|
1973
|
COMMUNITY
|
Yucaipa/Calimesa/Oak Glen
|
|
GARAGE SPACES
|
4.0
|
COUNTY
|
San Bernardino
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
| AREA |
Yucaipa/Calimesa/Oak Glen |
| GARAGE |
Yes |
| LOT |
9375 sq ft |
| LOT DESCRIPTION |
2-5 Units/Acre |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
2 |
| WATER |
Public |
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Salem to contact you even if your name is on a Federal or State
"Do not call List".
Listed with Burton Commercial, Inc.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/25/24 8:25 PM PST and /or other sources. 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
This IDX solution is (c) Diverse Solutions 2024.
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