7411 Cherokee Trail

    Yucca Valley, CA 92284
    • $400,000
    • STATUS: Active
    • ON SITE: 128 days
    • ID#: EV18162224
    UPDATED: 40 min ago
    $400,000
    • 0
      BEDS
    • 0.33
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,216
      SQFT
    • $95
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1975
    County:

    School Ratings & Info

    Description

    The Cherokee apartments consist of (3) two bed 1 bath, (1) studio and (1) three bed 1 bath unit. Located in downtown Yucca Valley with many amenities nearby. Approximately +- 16% upside in rental income. Priced at only $95.00 per square and far below replacement cost. Many new nearby commercial developments that are creating many more job opportunities. Existing gross income is $38,580.00, email for full marketing package.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-12T20:31:18.527. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/85363111

    7411 Cherokee Trail Yucca Valley, CA 92284

    • Price: $400,000
    • Status: Active
    • Updated: 40 min ago
    • ID#: EV18162224
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.33
    Acres
    4,216
    SQFT
    $95
    $/SQFT
    1975
    Built
    Neighborhood:
    DC521 - Central West
    County:
    San Bernardino
    Area:
    DC521 - Central West
    Property Description
    The Cherokee apartments consist of (3) two bed 1 bath, (1) studio and (1) three bed 1 bath unit. Located in downtown Yucca Valley with many amenities nearby. Approximately +- 16% upside in rental income. Priced at only $95.00 per square and far below replacement cost. Many new nearby commercial developments that are creating many more job opportunities. Existing gross income is $38,580.00, email for full marketing package.
    Exterior Features

    Garage Spaces 0.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features Covered Parking Parking Total 0.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Surface Type Paved

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Wall WindowEvaporative Cooling YN Yes Laundry Features Area Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Rural Country Us Elevation Units Feet Gardener Expense 1020.00 Gross Income 3215.00 Gross Multiplier 10.30 Gross Operating Income 36651.00 Gross Scheduled Income 38580.00 Insurance Expense 2000.00 Land Lease YN No Laundry YN Yes Maintenance Expense 1929.00 Maintenance Percent 5.00 Net Operating Income 17801.00 New Construction YN No New Taxes Expense 5000.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 5 Operating Expense 18850.00 Other Expense 4500.00 Other Expense Description Sewer Professional Management Expense 2701.00 Rent Control YN No Senior Community YN No Sewer Conventional SepticSewer AssessmentsSewer On Bond Special Listing Conditions Standard Tenant Pays Cable TvElectricityGas Total Actual Rent 3215.00 Total Expenses 18850.00 Trash Expense 0.00 Vacancy Allowance 1929 Vacancy Allowance Rate 5.00 Water Sewer Expense 1200.00 Water Source Public

    Listing provided courtesy of Nathan Diones of Regioncy Real Estate.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-12T20:31:18.527. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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