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56181 Papago

Yucca Valley, CA 92284
  • $1,199,000
  • STATUS: ACTIVE
  • ON SITE: 106 Days
  • ID#: AR23142142
UPDATED: 55 min ago
$1,199,000
  • 8
    BEDS
  • 0.68
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Just Reduced!! Great 7 unit income property totaling 6090 sq. ft. on two parcels equaling 29,700 sq.ft. Prime corner lot includes 56181 Papago Trail, and 7401 Borrego Trail. All two bedroom one bath units approximately 870 sq ft each. 5 of the units are single story, ground level located in 2 separate buildings . A 3rd building consists of a downstairs unit with exterior stairs leading to an upstairs unit. There are three 2 car garages and four 1 car garages located within two separate buildings. Ample additional parking on asphalt area. Owner recently installed new evaporative cooling units in three of the units. Centrally located within walking distance to shopping and transportation. On-site laundry room managed by WASH. Rent increases of 8.8% were issued on 5 of the units, effective 9/1/23. 2 recently vacant units being offered at $1425. All offers subject to interior inspection. Being sold as is, without warranty. Sellers will consider carrying with 50% down. Just Reduced!! Great 7 unit income property totaling 6090 sq. ft. on two parcels equaling 29,700 sq.ft. Prime corner lot includes 56181 Papago Trail, and 7401 Borrego Trail. All two bedroom one bath units approximately 870 sq ft each. 5 of the units are single story, ground level located in 2 separate buildings . A 3rd building consists of a downstairs unit with exterior stairs leading to an upstairs unit. There are three 2 car garages and four 1 car garages located within two separate buildings. Ample additional parking on asphalt area. Owner recently installed new evaporative cooling units in three of the units. Centrally located within walking distance to shopping and transportation. On-site laundry room managed by WASH. Rent increases of 8.8% were issued on 5 of the units, effective 9/1/23. 2 recently vacant units being offered at $1425. All offers subject to interior inspection. Being sold as is, without warranty. Sellers will consider carrying with 50% down.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/142687535
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56181 Papago Yucca Valley, CA 92284

  • Price: $1,199,000
  • Status: ACTIVE
  • On Site: 106 Days
  • Updated: 55 min ago
  • ID#: AR23142142
8
Beds
0
Baths
0
½ Baths
0.68
Acres
Neighborhood:
Yucca Valley (92284)
County:
San Bernardino
Area:
Yucca Valley (92284)
Property Description
Just Reduced!! Great 7 unit income property totaling 6090 sq. ft. on two parcels equaling 29,700 sq.ft. Prime corner lot includes 56181 Papago Trail, and 7401 Borrego Trail. All two bedroom one bath units approximately 870 sq ft each. 5 of the units are single story, ground level located in 2 separate buildings . A 3rd building consists of a downstairs unit with exterior stairs leading to an upstairs unit. There are three 2 car garages and four 1 car garages located within two separate buildings. Ample additional parking on asphalt area. Owner recently installed new evaporative cooling units in three of the units. Centrally located within walking distance to shopping and transportation. On-site laundry room managed by WASH. Rent increases of 8.8% were issued on 5 of the units, effective 9/1/23. 2 recently vacant units being offered at $1425. All offers subject to interior inspection. Being sold as is, without warranty. Sellers will consider carrying with 50% down. Just Reduced!! Great 7 unit income property totaling 6090 sq. ft. on two parcels equaling 29,700 sq.ft. Prime corner lot includes 56181 Papago Trail, and 7401 Borrego Trail. All two bedroom one bath units approximately 870 sq ft each. 5 of the units are single story, ground level located in 2 separate buildings . A 3rd building consists of a downstairs unit with exterior stairs leading to an upstairs unit. There are three 2 car garages and four 1 car garages located within two separate buildings. Ample additional parking on asphalt area. Owner recently installed new evaporative cooling units in three of the units. Centrally located within walking distance to shopping and transportation. On-site laundry room managed by WASH. Rent increases of 8.8% were issued on 5 of the units, effective 9/1/23. 2 recently vacant units being offered at $1425. All offers subject to interior inspection. Being sold as is, without warranty. Sellers will consider carrying with 50% down.
Exterior Features

Exterior Stucco Parking Garage Desc Unit1 Assigned Pool N/K Roof Composition Site Corner LotCurbs Spa N/K

Interior Features

Cooling Swamp Cooler(s) Stories 1 Story Total Baths Unit1 1 Total Baths Unit2 1 Total Baths Unit3 1 Total Baths Unit4 1

Property Features

Annual Expense Actual 26208 Buildings 5 Cfd Mello Roos Fee 5121.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 105360 Home Owners Fees 0.0 Monthly Total Fees 426 Possession Close of Escrow Tenant Pays Cable TVElectricityGas/Propane Terms CashConventionalExchange Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit Number4 4 Unit1 Rent Actual 880.0 Unit2 Rent Actual 0.0 Unit3 Rent Actual 0.0 Unit4 Rent Actual 1100.0 Zoning Public Rec

San Diego MLS logo Listing provided courtesy of Gary Lorenzini of Coldwell Banker Realty: 626-688-1698. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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