Yucca Valley CA  home offered at $840,000 

Call Lisa DiNoto Group at (909)921-2544 to see this home.

 

7211 Joshua Lane
Yucca Valley, California CA 92284
Price: $840,000
Mortgage Calculator
Listing ID: 18333552PS
Status: Active
Year Built: 1975

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!

Primary Features

County: San Bernardino
Price Reduction Date: 2019-11-29T05:51:44+00:00
Property Sub Type: Own Your Own
Property Type: Commercial Sale
Year Built: 1975

Interior

Heating: yes
Heating Type: Forced Air, Natural Gas
Stories Total: 1

External

Location

MLS Area Major: DC531 - Central East

Additional

Days On Market: 1914
List Agent State License: 01735253
Parcel Number: 0595172190000

Financial

Investment Property: no
Special Listing Conditions: Standard

Zoning Info


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Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. 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.
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Listed by: DavePaulette Renney, DRE #01735253 from Bennion Deville Homes

Contact - Listing ID 18333552PS

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Lisa DiNoto

9483 Haven Ave #100
Rancho Cucamonga, CA 91730
Phone: 9099212544

Data services provided by IDX Broker
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