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$459,000
Est. payment /mo
1 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID JT26079713
HOA Y/N No
Lot Size 1.000 Acres
Property Sub-Type Multi Family
Property Description
**Watch the Video Above!**
**Property Summary**
**Why This Deal Works:**
- 7 income-producing units
- New construction offers premium rents and low maintenance
- Located in a high-demand rental corridor
- Just minutes away from Joshua Tree National Park, shopping, transit, and the library
- Builder's loss equals your gain!!
- **See supplements in the listing for more details**
This property includes 2 duplexes and 1 triplex, totaling 7 units. Each unit features 2 bedrooms and 2 bathrooms, a one-car garage, and approximately 1,100 square feet of living space. All permits and surveys are completed! Making this project shovel-ready.
**Projected Rental Income:**
- Low: $1,850/month × 7 units = $12,950/month
- Mid: $1,950/month × 7 units = $13,650/month
- High: $2,100/month × 7 units = $14,700/month
**Value Range (5.5% – 6.5% Cap Rate):**
$1.59 million – $2.13 million!!
Call us for more details! Location, Location, Location!
**Annual Gross Income:** $155,000 – $176,000**Property Summary**
**Property Summary**
**Why This Deal Works:**
- 7 income-producing units
- New construction offers premium rents and low maintenance
- Located in a high-demand rental corridor
- Just minutes away from Joshua Tree National Park, shopping, transit, and the library
- Builder's loss equals your gain!!
- **See supplements in the listing for more details**
This property includes 2 duplexes and 1 triplex, totaling 7 units. Each unit features 2 bedrooms and 2 bathrooms, a one-car garage, and approximately 1,100 square feet of living space. All permits and surveys are completed! Making this project shovel-ready.
**Projected Rental Income:**
- Low: $1,850/month × 7 units = $12,950/month
- Mid: $1,950/month × 7 units = $13,650/month
- High: $2,100/month × 7 units = $14,700/month
**Value Range (5.5% – 6.5% Cap Rate):**
$1.59 million – $2.13 million!!
Call us for more details! Location, Location, Location!
**Annual Gross Income:** $155,000 – $176,000**Property Summary**
Location
State CA
County San Bernardino
Area Dc531 - Central East
Interior
Fireplace No
Laundry None
Exterior
Present Use Unimproved
Building
Lot Description 6-10 Units/Acre, Lot Over 40000 Sqft
Story 1
Water Public
Others
Tax ID 0595181090000
Acceptable Financing Cash, 1031 Exchange, Owner Survey, Private Financing Available
Listing Terms Cash, 1031 Exchange, Owner Survey, Private Financing Available
Special Listing Condition Standard
Virtual Tour https://youtu.be/12hSaf6v0u8
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Listed by Lynda Adams Power Real Estate 760-641-0225, DRE #01322943