0.44 Acres Lot
0.44 Acres Lot
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV26210446
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1986
Lot Size 0.436 Acres
Property Sub-Type Apartment
Property Description
Inside, 100% of the units are fully rehabbed with modern flooring and fresh paint. Tenants love the newly installed, secure commercial mailbox system—a rare and highly coveted amenity for local apartments.
Operationally seamless, the asset is professionally broker-managed with clean, CAR-compliant leases and mandatory renters insurance. All utilities (water, gas, electric) are individually metered and paid by tenants, keeping annual owner expenses exceptionally low.
The Numbers (Effective Nov 26, 2026): • Gross Monthly Rent: $8,550 • Actual GSI: $102,600 | NOI: $64,226 • Entry Cap Rate: 5.79% | GRM: 10.82 • Pro Forma Upside: $120,000 GSI ($1,666/unit market rent) for a future 7.28% Cap Rate!
Buyers are welcome to conduct full inspections for ultimate peace of mind. Buyer/agent to verify all information, including square footage, utilities, permits, and financials. Deemed reliable but not guaranteed.
Location
State CA
County San Bernardino
Area Dc571 - Yucca Mesa
Interior
Interior Features Balcony, All Bedrooms Down
Heating Wall Furnace
Cooling Evaporative Cooling
Flooring Carpet, Laminate, Tile
Fireplaces Type None
Fireplace No
Appliance Dishwasher, Gas Range
Laundry Washer Hookup
Exterior
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Valley
View Y/N Yes
View Desert
Roof Type Shingle
Total Parking Spaces 6
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 0586293140000
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Nearby Locations
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