Seller Financing
Address
Not Disclosed Yucca Valley, CA
Price
$ 840,000
Property Attributes
- MLS#18333552PS
- TypeCommercial
- CountySAN BERNARDINO
- CityYucca Valley
- AreaCentral East
- Zip92284
- StyleOwn Your Own
- Price$ 840,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
Listing Provided Courtesy Of:
DavePaulette Renney with Bennion Deville Homes.
Data Source:
California Regional MLS (CRMLS) - 25 - CA
Property Description
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!
| Price History | |
|---|---|
| 9/19/2019 | Listed $895,000 |
| 11/29/2019 | 7% - $840,000 |
General Features
| Business Type | Professional/Office |
|---|---|
| Heating | Forced Air, Natural Gas |
| Listing Agent | DavePaulette Renney - BRE#01735253 |
| Listing Agent State License | 01735253 |
| MLS Area | DC531 - Central East |
| Property Sub Type Additional | Own Your Own |
| Property SubType | Own Your Own |
| Property Type | Commercial Sale |
| Special Listing Conditions | Standard |
| Status | Active |
Interior Features
| Heating Y/N | Yes |
|---|
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 92284
Price
Visits
Year Built
Walkscore
All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data maintained by MetroList© may not reflect all real estate activity in the market.
All real estate content on this site is subject to the Federal Fair Housing Act of 1968, as amended, which
Last updated: August 5, 2021 10:21 PM UTC Property Information © 2021 
Based on information from California Regional Multiple Listing Service, Inc. as of August 3, 2021 6:58 PM UTC 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.
