(Undisclosed Address), Yucca Valley

$840,000

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0 Bed
0 Bath
0 Acre
0 Garage

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!

Essential Information

MLS® #
18333552PS
Price
$840,000
Bathrooms
0.00
Acres
0.00
Year Built
1975
Type
Commercial Sale
Sub-Type
Own Your Own
Status
Active

Community Information

Address
N/A
Area
DC531 - Central East
City
Yucca Valley
County
San Bernardino
Zip Code
92284
Senior Community
N

Interior

Heating
Forced Air, Natural Gas
# of Stories
1

Additional Information

Date Listed
April 16th, 2018
Days on Market
2459

Listing Details

Agent
Davepaulette Renney
Office
Bennion Deville Homes

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Based on information from California Regional Multiple Listing Service, Inc. as of May 19th, 2024 at 6:55am PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.