38818 Yermo Road, Yermo

$699,999

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6 Beds
10 Baths
.58 Acre
1 Garage

Former El Ranch Tel Motel turned MTM Apartments / 10 Units (9 Furnished Apartments and a 3 Bedroom House) located just off the 15 Freeway Between LA and LV. Master Metered; All utilities are paid for by the Landlord. Building I: 1 Bedroom Apt and 3 Furnished Studios. Building II: 2 Furnished Studios and a Furnished 1 Bedroom Apartment. Building III: 1 Single Family Dwelling. Newly Remodeled 2 Bedroom Apartment w/ Single Car Garage. The property also has a New Laundry Facility w/ (2) Coin Op Washers and (2) Dryers, A Community Area w/ Trellis, Picnic Tables, Fire Pit, Palm Trees and BBQ Area. There are also and RV Hook Up, (3) Carports and outbuildings used for Dry Storage. Managers Laundry, Several Supply Closets, etc. There is a well onsite for Water Service. The Property is fully occupied and professionally managed. Rent Roll to be Sent Upon Request. The BNSF International Gateway is expected to bring 20,000 direct and indirect jobs to the Barstow Region.

Barstow has approved the new 29 Acre Cannabis Super Center at the Former Outlet Mall.

Seller is Also the Agent, Manager and has Owned the Properties since 2015. Seller is willing to Manage the Project for the Buyer. You will be hard

pressed to find a better Investment Opportunity in SoCal! The Owner is also the Listing Agent. Rent Roll and Financials Available upon Request. Property Management Service Available for Seamless Transition (free for first 6 Months). POF Required prior to showings. Sold in AS IS Condition. Do your own Due Diligence on all aspects of the property.

Essential Information

MLS® #
WS22254187
Price
$699,999
Bedrooms
6
Bathrooms
10.00
Acres
0.58
Year Built
1948
Type
Residential Income
Sub-Type
Mixed Use
Status
Active

Community Information

Address
38818 Yermo Road
Area
699 - Not Defined
City
Yermo
County
San Bernardino
Zip Code
92398
Senior Community
N

Community Features

Biking, Hiking, Mountainous, Rural, Street Lights

Amenities

Parking Spaces
1
# of Garages
1
Pool
None

Interior

# of Stories
1
Stories
One

Exterior

Lot Description
6-10 Units/Acre

Additional Information

Date Listed
December 11th, 2022
Days on Market
337
Zoning
CR

Listing Details

Agent
Dustin Click
Office
A-Z REALTY & INVESTMENT CORP
Property History
Price Increased from $599,999 to $699,999
Price Reduced from $699,999 to $599,999

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Based on information from California Regional Multiple Listing Service, Inc. as of May 17th, 2024 at 4:40am 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.