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    55966 Santa Fe

    Yucca Valley, CA 92284
    • $639,000
    • STATUS: Active Under Contract
    • ON SITE: 40 days
    • ID#: SR21011576
    Under Contract
    UPDATED: 41 min ago
    $639,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,956
      SQFT
    • $129
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1972
    County:

    School Ratings & Info

    Description

    Great collection of 17 units in Yucca Valley marketed together for $1,989,000. Well kept buildings with great tenants. This excellent offering features 2 well maintained properties at a great value. Yucca Valley is the business hub of the area. Just 7 miles down the entrance to the famous Joshua Tree National Park, and the gateway to Twentynine Palms Military base. Located in a very low vacancy area with strong tenant demand. The current owner has made many upgrades. The property at 55966 Santa Fe Trail:This building is composed of five 1-bedroom 1-bathroom (670 sq. ft.) and two 2-bedroom 1-bathroom units(800 sq.ft.)Parking is convenient and secure with gated covered parking.The property at 7208-7222 Palo Alto Ave:This 10-unit complex has 4 buildings that occupies 2 lots with 2 separate APN numbers on a large 0.508-acre lot.The property is composed of (4) 2-bedroom 1-bathroom flats (975 sq. ft.) and (6) 2-bedroom 1.5 bathroom townhomes (1007 sq. ft.).Each of these units have an attached 1 car garage and Laundry within. If you are looking for properties that are ready to provide the benefits of ownership, look no further.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-01T16:32:26.227. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.

    www.steelecanyonrealty.com/homes/113379662
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    55966 Santa Fe Yucca Valley, CA 92284

    • Price: $639,000
    • Status: Active Under Contract
    • Updated: 41 min ago
    • ID#: SR21011576
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    4,956
    SQFT
    $129
    $/SQFT
    1972
    Built
    Neighborhood:
    DC531 - Central East
    County:
    San Bernardino
    Area:
    DC531 - Central East
    Property Description
    Great collection of 17 units in Yucca Valley marketed together for $1,989,000. Well kept buildings with great tenants. This excellent offering features 2 well maintained properties at a great value. Yucca Valley is the business hub of the area. Just 7 miles down the entrance to the famous Joshua Tree National Park, and the gateway to Twentynine Palms Military base. Located in a very low vacancy area with strong tenant demand. The current owner has made many upgrades. The property at 55966 Santa Fe Trail:This building is composed of five 1-bedroom 1-bathroom (670 sq. ft.) and two 2-bedroom 1-bathroom units(800 sq.ft.)Parking is convenient and secure with gated covered parking.The property at 7208-7222 Palo Alto Ave:This 10-unit complex has 4 buildings that occupies 2 lots with 2 separate APN numbers on a large 0.508-acre lot.The property is composed of (4) 2-bedroom 1-bathroom flats (975 sq. ft.) and (6) 2-bedroom 1.5 bathroom townhomes (1007 sq. ft.).Each of these units have an attached 1 car garage and Laundry within. If you are looking for properties that are ready to provide the benefits of ownership, look no further.
    Exterior Features

    Carport Spaces 7.00 Construction Materials Drywall WallsStucco Entry Level 1 Entry Location Front Exterior Features Lighting Foundation Details Slab Garage Spaces 0.00 Lot Features Corner LotDesert FrontLevel With StreetRectangular LotNear Public TransitPark Nearby Lot Size Source Assessor Lot Size Units Square Feet Parking Features AssignedAuto Driveway GateCarportControlled EntranceGated Parking Total 7.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type MaintainedPaved Roof ReflectiveRolled/Hot Mop Spa Features None Spa YN No Uncovered Spaces 0.00 View Desert View YN Yes

    Interior Features

    Appliances Electric RangeElectric Water HeaterEnergy Star Qualified AppliancesEnergy Star Qualified Water HeaterFree-Standing RangeDisposalMicrowaveSelf Cleaning Oven Appliances YN Yes Average Studio Area Units Square Feet Average1 Bed Area 670 Average1 Bed Area Units Square Feet Average2 Bed Area 800 Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common WallsNo One AboveNo One Below Cooling Wall/Window Unit(S)ElectricEnergy Star Qualified Equipment Cooling YN Yes Flooring CarpetTile Heating Heat PumpElectric Heating YN Yes Interior Features Copper Plumbing FullFormica CountersGranite CountersOpen FloorplanRecessed LightingStone CountersUnfurnished Laundry Features Community Levels One Room Type All Bedrooms DownGalley KitchenKitchenLiving Room Window Features BlindsScreens

    Property Features

    Accessibility Features 32 Inch Or More Wide Doors48 Inch Or More Wide HallsDoors - Swing InEntry Slope Less Than 1 FootGrab Bars In Bathroom(S)Low Pile CarpetingParking Additional Parcels Description 0586302020000 Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 7.10 Community Features Storm DrainsSuburbanValley Country Us Electric 220 Volts in LaundryElectricity - On Property Electric Expense 365.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 2400.00 Gross Income 1200.00 Gross Multiplier 8.90 Gross Operating Income 69585.00 Gross Scheduled Income 71700.00 Insurance Expense 2010.00 Land Lease YN No Laundry Income 1200.00 Laundry YN Yes Licenses Expense 534.00 Maintenance Expense 3525.00 Net Operating Income 45562.00 New Construction YN No New Taxes Expense 8307.00 Number Of Separate Electric Meters 7 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Number Of Units Leased 7 Number Wall AC 7 Number With Carpet 7 Number With Dishwasher 0 Number With Disposal 7 Number With Drapes 7 Number With Patio 0 Number With Range 7 Number With Refrigerator 7 Operating Expense 14516.00 Professional Management Expense 3525.00 Property Condition Turnkey Rent Control YN No Security Features Automatic GateCard/Code AccessSecurity LightsSmoke Detector(S) Senior Community YN No Sewer Conventional SepticSewer Applied For Permit Special Listing Conditions Standard Tenant Pays Cable TvElectricity Total Actual Rent 5340.00 Total Expenses 14516.00 Trash Expense 1000.00 Utilities Cable ConnectedElectricity ConnectedPhone AvailableSewer AvailableUnderground UtilitiesWater Connected Vacancy Allowance 2115 Water Sewer Expense 1157.00 Water Source Public Year Built Source Assessor

    Listing provided courtesy of Stuart Schonwetter of Re/Max One


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-03-01T16:32:26.227. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.

     
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